Why is Shanghai Zhongxiang Hotel closed?

Due to insufficient income, high expenditure and poor management, Shanghai Zhongxiang Hotel will not open. According to the public opinion:

1. Affected by the epidemic, the passenger flow dropped sharply, and the hotel revenue dropped sharply;

Hotels spend a lot of money every day. Shanghai Zhongxiang Hotel has 20 floors, which consumes a lot of manpower and material resources every day and costs a lot.

3, poor management, hotel marketing promotion is not in place, and its popularity is not as good as that of Peace Hotel, Addison Hotel, Four Seasons Hotel and Peninsula Hotel.