Is the Capital Express Hotel Timely during the Economic Crisis?

Frankly speaking, it's not suitable ~ especially if you invest personally ~

Take Shanghai as an example. In order to welcome the World Expo, more than 50 high-star hotels will be added in Shanghai in the next two years, and the number of chain economy hotels will increase by hundreds ~ When the World Expo is over, the market will be oversupplied, the occupancy rate will drop, and the gross profit will drop ~ If this continues, individual investment economy hotels will be eliminated by chain hotels, especially international chain hotels ~

Because there is not enough strength to resist the cold winter ~

Of course, if your city is a second-and third-tier city and there are no good budget hotels in the city, you may have a chance of success ~

In fact, the hotel market at this stage is very chaotic. At present, everyone is making money ~ but this is because the industry is developing too fast ~ When an industry develops to a certain extent, it will inevitably fall back ~ At that time, if you don't have strong capital, you will definitely be eliminated by the market ~

I hope it helps you ~