Should the hotel be closed immediately after the auction is successful?

I am a staff member in Room 360, and we focus on the handling of special rooms in Shanghai (including judicial auction real estate). Your questions are answered as follows for your reference:

From the perspective of enterprise management and avoiding loss expansion, even if the hotel is auctioned, it does not need to close down.

Bidders can go through the relevant formalities through the court or auction house.

I hope it helps you.