What happened to Shanghai Miramar Resort?

The dispute over the lease contract was cancelled. The plaintiff Shanghai Ya 'an Hotel Management Co., Ltd. v. the defendant Shanghai Miramar Resort Hotel Co., Ltd. contracted the entertainment and dance halls, KTV, sauna center and beauty salon that had been leased to the plaintiff Miramar Resort Hotel to others without telling the plaintiff. Due to the defendant's breach of contract, the plaintiff's business and profits were greatly affected, and the operating income directly lost 2.2 million yuan to 3.5 million yuan. After many unsuccessful negotiations, the plaintiff filed a lawsuit in this case, demanding that the defendant continue to perform the lease operation contract, bear the liability for breach of contract, and pay a penalty of RMB 5.2 million. In the defense, the defendant has no objection to the plaintiff's claim and relevant factual statements, indicating that the dispute can be resolved through mediation.