Traditional Culture Encyclopedia - Hotel franchise - Why do hotels change owners in a few months?

Why do hotels change owners in a few months?

Hotel management itself is losing money.

Due to the saturation of the market and the serious homogenization of hotels, the development of China's economy hotels and guesthouses has entered a bottleneck period, and many people who are not well-managed or do not know how to operate blindly follow the trend to invest in this industry, resulting in serious losses or even closure of the operated economy hotels or guesthouses.

There are risks in the hotel market, so investment should be cautious.