Other videos show that in some cases, everything inside a closed hotel is quickly snatched up.
In recent years, China’s five-star hotel industry has been struggling. Many well-known hotels are failing. The Blue Horizon Hotel Group in Shandong has gone bankrupt. Tianjin Hotel Co., Ltd. has transferred 100% of its shares. The Waldorf Astoria Beijing is being sold due to debt. The Great Wall Hotel Beijing has shut down.
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