Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Shanghai’s Luxury Hotels Can’t Survive! 1 Million Restaurants Close in China, Owners in Tears!. That video is uploaded by China Observer at 2024-01-28T10:00:29-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [saI7Hw_9_wI]
| Name | Shanghai’s Luxury Hotels Can’t Survive! 1 Million Restaurants Close in China, Owners in Tears! |
| Video Uploader | Video From China Observer |
| Upload Date | This Video Uploaded At 28-01-2024 18:00:29 |
| Video Discription | The exodus from Shanghai has had a significant impact on luxury hotels. Some netizens report that many high-end hotels in Shanghai have only one or two customers at lunchtime, a stark contrast to their past popularity. Under the impact of the pandemic, the operation of homestay businesses has become challenging, with a high rate of transfers. Data from Tianyancha shows that from 2020 to 2022, over 13,000 homestay-related businesses were deregistered. According to Qichacha data, from January to October 2023, a total of 3.5 million new restaurants were added across China, 374,000 more than the same period in 2022. However, during the same period in 2023, approximately 1.06 million restaurants closed down nationwide. #chinaobserver All rights reserved. saI7Hw_9_wI |
| Category | News & Politics |
| Tags | News & Politics Download MP4 | News & Politics Download MP3 | News & Politics Download MP4 360p | News & Politics Download MP4 480p | News & Politics Download MP4 720p | News & Politics Download MP4 1080p |
