How is the Fengyue Hotel and Resort? Is the investment cost high in a third-tier city?

How about Fengyue Hotels and Resorts? Are the investment costs high in third-tier cities?
The spring is warm and the flowers are blooming, the scenery is beautiful, it’s a good place to go and play.
Investment is mainly based on looking at the product itself and its development potential in conjunction with the entire industry. You can first learn about Fengyue Hotels and Resorts. It is a core alliance enterprise of Country Garden. The core team also has very rich experience in high-end hotel operation and management. In just over a year since its establishment, it has quickly deployed in the national market and formed a complete The brand matrix, this development speed is very impressive when looking at the domestic market. When investing in third-tier cities, we have already mentioned the high-end hotel management and operation experience possessed by the core team of Fengyue Hotels and Resorts. These brands’ research on market segments and grasp of customer groups can help hotels develop rapidly, and they are also targeted at third-tier cities. The rapid development and rising demand of the city have launched new catering brand empowerment, which are very beneficial to development. Coupled with the shorter construction period and lower construction costs, I personally think you can try it.
It also depends on where the third-tier cities are located. If they are close to first-tier cities, the local investment costs will be relatively high. If they are in the central and western regions, the costs will drop significantly.
This kind of quality can only be judged by your own experience. Everyone has different standards. The land cost and labor cost in third-tier cities are relatively low.
The spring is warm and the flowers are blooming, the scenery is beautiful, it’s a good place to go and play.
Investment is mainly based on looking at the product itself and its development potential in conjunction with the entire industry. You can first learn about Fengyue Hotels and Resorts. It is a core alliance enterprise of Country Garden. The core team also has very rich experience in high-end hotel operation and management. In just over a year since its establishment, it has quickly deployed in the national market and formed a complete The brand matrix, this development speed is very impressive when looking at the domestic market. When investing in third-tier cities, we have already mentioned the high-end hotel management and operation experience possessed by the core team of Fengyue Hotels and Resorts. These brands’ research on market segments and grasp of customer groups can help hotels develop rapidly, and they are also targeted at third-tier cities. The rapid development and rising demand of the city have launched new catering brands, which are very beneficial to development. Coupled with the shorter construction period and lower construction costs, I personally think you can try it.
It also depends on where the third-tier cities are located. If they are close to first-tier cities, the local investment costs will be relatively high. If they are in the central and western regions, the costs will drop significantly.
This kind of quality can only be judged by your own experience. Everyone has different standards. The land cost and labor cost in third-tier cities are relatively low.