China’s Hotel Industry Is Collapsing, at Least Half to Close by 2025, Even Five-Star Hotels Affected
China’s Hotel Industry Is Collapsing, at Least Half to Close by 2025, Even Five-Star Hotels Affected
Udumbara
0
.
Recently, China’s five-star hotel industry has been facing a severe crisis. Many renowned luxury hotels have quietly shut down, been sold off, or even abandoned, with some hotels sold at rock-bottom prices that no one was willing to buy.
.
