Why are so many hotels near the university in Wenjiang, Chengdu for sale?

It’s hard to do business now. The daily room rates of hotels near Wenjiang University Town can be said to be very low. Revenues are not directly proportional to operating costs (including water, electricity, health maintenance, personnel, etc.), and the vacancy rate is high. On the one hand, transfer can quickly withdraw funds, reduce pressure, and use funds for new investments; on the other hand, the current housing prices in Wenjiang have greatly improved compared to the past 10 years, and transfer and sale are more cost-effective. of. Hope this answer satisfies you!