Reasons for the closure of Hyatt Regency Tianjin

High prices lead to insufficient tourists. Hyatt Regency, located in Tianjin, is a hotel that provides accommodation and catering. However, because the hotel accommodation price is the cheapest one night in 300 yuan, and the simple baked vegetables with the cheapest price need 50 yuan, Tianjin local residents will not come to this hotel for consumption, resulting in insufficient tourists and having to close down because they can't make money.