Traditional Culture Encyclopedia - Hotel reservation - Why doesn't Sheraton Dalian Xinghai Hotel open?

Why doesn't Sheraton Dalian Xinghai Hotel open?

Insufficient market demand and adjustment of business strategy.

1. Insufficient market demand: Hotel industry is an industry related to tourism and commerce, and its operation and operation depend on market demand. The market demand in Dalian is not enough to support the normal operation and profit of Sheraton Dalian Xinghai Hotel, and the hotel will choose not to open for the time being. It is precisely because of the current recession of tourism or business activities that the number of reservations and tourists is insufficient, and the operation of hotels will face great business risks.

2. Adjustment of business strategy: hotels need to adjust their strategies according to market conditions and their own development needs. The hotel believes that the current market competition is fierce or the business model needs to be adjusted, and it will decide not to open the business for relevant reform and adjustment. Including redecorating, improving service quality and expanding hotel facilities to enhance the competitiveness and market position of the hotel.