Traditional Culture Encyclopedia - Travel guide - 2 million investment in B&B, now free transfer and no one took over, why did the smash hit B&B decline?
2 million investment in B&B, now free transfer and no one took over, why did the smash hit B&B decline?
I believe that many people who like to travel have lived in homestays, both in house design and courtyard layout, which means that the investment cost of homestays is very high, so its price will naturally be relatively high. In recent years, due to the increasing number of residents, the competition in this industry is also growing. In order to attract customers, many homestays have to lower their prices. Over time, their homestays will not make money, and even many homestays will lose money. Therefore, there are fewer and fewer homestays, and there is little profit left in the end.
The second is that the enthusiasm and freshness of tourists have passed. When B&B was born, it attracted many people's attention with its unique natural style. In particular, white-collar workers in some cities can find such a relaxing place in their spare time and are naturally willing to pay for it. However, over time, people's enthusiasm for B&B has passed. When going out, the first choice is a cheap and comfortable hotel. B&B can't make money, and naturally it's not so popular.
To sum up, today's homestays will gradually decline, and even there will be a dilemma of selling at a low price and no one is willing to take over. However, there is no absolute thing. There are fewer and fewer homestays now, and they may become popular again after a while. All this depends on what changes the B&B will make to attract tourists' attention again.
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