Traditional Culture Encyclopedia - Hotel reservation - The reasons for the bankruptcy of Butterfly Valley Resort

The reasons for the bankruptcy of Butterfly Valley Resort

Poor management and excessive investment.

Butterfly Valley Resort has problems such as irregular management and financial chaos during its operation, leading to poor management. In addition, there are also problems with the resort's marketing strategy. It has not effectively attracted more customers, and a large amount of money has been invested in the construction process, including purchasing land, building the resort, and purchasing equipment. These investments have caused Butterfly Valley Resort to have a high debt ratio and make it difficult to withstand operating risks.

Butterfly Valley Resort is a resort hotel in Zhuhai City, Guangdong Province, China, located in Jinwan District in the south of Zhuhai City. The resort covers an area of ??approximately 250,000 square meters, with a construction area of ??approximately 100,000 square meters, including guest rooms, restaurants, swimming pools, SPA centers and other facilities.