Traditional Culture Encyclopedia - Hotel franchise - Why did Hong 'an Xinlong Hotel close down?

Why did Hong 'an Xinlong Hotel close down?

Environmental punishment. Hubei Xinlong Hotel Co., Ltd. was established on July 20, 2007, and its legal representative is Ruan, who is engaged in medium-sized catering business. On July 9, 20 19, Xinxinlong Hotel in Hong 'an County had some problems, such as administrative and environmental penalties, irregular operation, and serious dishonesty. Bankruptcy is legal bankruptcy, which refers to the closure of enterprises or shops due to losses.