800 Million Chinese At Risk! China’s Real Economy Crashes, $20M Hotel Won’t Break Even for 500 Years

I invested 130 million yuan in this hotel, but so far today, the total revenue is only 7,495 yuan. Given these operating conditions, I might not break even for the next 500 years. I’m losing 300,000 to 400,000 yuan every month, and new competitors are constantly opening hotels in the market. What should I do? I bought this building for 70 million, and the renovations cost another 60 million. My total investment is 130 million. Honestly, I don’t know what to do—should I sell and shut down, or keep going? Join this channel to get access to perks: https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join #chinaobserver All rights reserved. ⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news ⭐For business cooperation, please contact us: [email protected]