Why did Longtan Grand Canyon become the only bankrupt 5A scenic spot in China?

Many people choose famous scenic spots or 5A and 4A when traveling, but there is only one bankrupt 5A scenic spot in China with a debt of 350 million. The annual ticket income is only enough to repay the interest, but there is a spectacle of "water flows upwards". This scenic spot is Longtan Grand Canyon.

Longtan Grand Canyon is located in Xin 'an County, Luoyang City, Henan Province. It is a scenic spot in China Canyon, which is dominated by the geological landscape of Hongyan Zhanggu Group. It was selected as one of the 40 most beautiful scenic spots in China by CNN. Longtan Grand Canyon not only has the steep Guan Xia, but also is connected with waterfalls. The geology of the canyon has been deposited for 65.438+0.2 billion years, and the scenery is very beautiful. Moreover, there is the nature of "water flows upwards".

Longtan Grand Canyon, as a scenic spot of 5 years, is also very bitter behind it, and it is also the only bankrupt scenic spot in China so far. Because Longtan Grand Canyon Scenic Area is a private investment and development scenic spot, in the construction process, investors completely completed it through private loans. Even though Longtan Grand Canyon was later selected as a 5A-level scenic spot, it also obtained a bank loan, but it still could not stop the funding gap. The annual ticket income is 70 million, which is only enough to repay the interest. In the end, it owed 350 million yuan, so it was impossible to declare bankruptcy.

Longtan Grand Canyon, as a 5A-level scenic spot, is still a very good geological park, but in the end it went bankrupt, which is really embarrassing and has sounded the alarm for the management and development of many scenic spots in China. Although the Longtan Grand Canyon has been declared bankrupt, it is still open for tourism and is not affected by any tourists. Those who are interested can also go to play. After all, the scenery of the canyon is still beautiful.

The only 5A-level scenic spot in China is bankrupt, with a debt of 350 million yuan, and the annual ticket income is only enough to repay interest.