Some people say that more than half of Lijiang Inn is losing money. what do you think?

As far as my personal experience is concerned, it is indeed possible that the inns in Lijiang are different in size and complexity, but one thing is the same, that is, to strive to create the artistic environment characteristics of their own inns, which definitely requires some investment. Every year in the off-season, the vacancy rate of the inn is very high, and the natural income is seriously reduced by attracting some tourists only by discounts. As far as the income from the occupancy rate in the peak season is concerned, I believe that some inns are still unable to make ends meet, so it is common to see them close one after another. Facing thousands of inns, the competition is fierce. If there is no unique strength, characteristics and services, more people will close down, and of course there will be many successors. It is understood that the main business of some innkeepers in Lijiang is not inns, but inns are just their sideline, and three friends and four friends are here for leisure and vacation.

When I went to Lijiang during the Spring Festival in 2006, it was reported that there were more than 40,000 beds in Lijiang at that time, and the price of Entrance Street Inn increased. As long as I keep going to Sifang Street, the inns inside are empty.

I often go to Lijiang. The first peak season is summer vacation month. Other times, there are no guests at all. There are many hotels. Local people run more family hotels.

Almost, the competition is fierce and the capital is basically guaranteed.

At least more than 50% of operators lose money, about 35% don't make or lose money, and less than 10% can make money!

Maybe more than that. . .

I just sat eating melon seeds and watching Erguotou.

That's for sure. You need to invest carefully.