Traditional Culture Encyclopedia - Tourist attractions - Reasons for the failure of Qingyuan Changlong
Reasons for the failure of Qingyuan Changlong
1. Funding: Large-scale comprehensive tourism projects need huge capital investment, including land acquisition, construction, equipment procurement and other expenses. When the project party encounters difficulties in the process of raising funds and can't get enough financial support, it will lead to the project being unable to continue and eventually failing.
2. Poor management: A complex tourism project needs an effective management and operation team to promote the progress of the project. There are problems in the management of the project, such as mistakes in decision-making, improper allocation of resources, poor project supervision, etc., which will lead to the project not being carried out as planned and eventually failing.
3. insufficient market demand: the market demand was not fully investigated and evaluated at the initial stage of construction, which led to the mismatch between the project positioning and the market demand. The market demand for this tourism project is insufficient to attract enough tourists and investors, so it will be difficult to achieve profitability and eventually it will not be sustainable.
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