What can I do with the money in my wallet?

Now is the era of digitalization and technology, but the hotel industry still belongs to the traditional industry, and its business space is relatively limited. The cost of rent, decoration and labor in hotel industry is still a heavy burden, and the ability of economy hotels to resist risks is weak. Single hotels, whether self-built or leased, fluctuate greatly, but chain hotels are much better. In particular, China Hostel has more advantages in business model, and does not need to bear the operating costs of the hotel. It is not only low risk, but also better profit. 20 19, Zhu Hua completed the transition to light asset mode.

Zhu Hua adopted this light asset approach because it has a higher return on net assets and a more stable growth cycle than the simple light asset approach. It is also very important to reduce the financial constraints in this way and achieve the goal of rapid expansion.

Zhu Hua provides other cooperative brands with standardized hotel brand, design, management and system services, and charges them the joining fee. The costs such as rent, discount, labor and energy consumption generated by hotel operation shall be borne by franchisees themselves. Zhu Hua provides management services for franchisees or only limited IT system support and management services.