Traditional Culture Encyclopedia - Hotel franchise - Why did Xi Anyihe Hotel close down?

Why did Xi Anyihe Hotel close down?

Reasons for poor management and fierce market competition.

1, due to management problems, poor business development, improper cost control and other reasons, the company's operating conditions deteriorated.

2. There are many high-end hotels in 2.Xi 'an, and the market competition pressure is great, which has an impact on the management of Yihe Hotel. Grand Hyatt Xi 'an is a five-star luxury hotel, located in the West South Second Ring Road, Yanta District, Xi City, Shaanxi Province.