What are the risks involved in transferring one of the group hotels?

There are many risks, most of which are issues such as financial interests.

Generally, hotel transfers are mostly caused by poor management or other uncontrollable factors. When transferring, pay more attention to debts, disputes, whether shareholders have reached an agreement, guarantees, equity pledges, tax abnormalities, and records. Issues such as accounting and tax filing, complete declarations, etc.

Whether you are transferring a hotel or receiving a hotel, you should carefully review the hotel's situation before making further plans to reduce unnecessary risks.