Chapter 230 Hotel Industry

Perhaps Wong Yuk-long felt that he had finally found a backer, so he was no longer so cautious in his words.

He excitedly said to himself: "According to the information I got, Fang found three social organizations including the Sun Yee On to collect negative information about many companies in the Comics Industry Alliance."

Cucumber still didn't say anything, but just nodded, indicating that he acknowledged the accuracy of the other party's information.

As for whether it was 100% correct, he was too lazy to explain to Wong Yuk-long. The other party was not at that level and it was useless to say more.

"Our Chaoshan Chamber of Commerce should also have its own peripheral associations. I think we can give them a taste of their own medicine."

Seeing that the other party finally told his plan, Cucumber just sighed and said:
"Mr. Huang, we are all businessmen. Harmony brings wealth and harmony is our top priority. As for the ideas you just mentioned, just put them back in your mind."

After hearing this inexplicable exhortation, Huang Yulang said anxiously:

"Mr. Li, although Mr. Fang is the richest man, he can't cover everything in Hong Kong. Our Chaoshan Chamber of Commerce is distributed in various industries. Are we afraid of him?"

Huanggua had begun to feel somewhat disappointed with Wong Yuk-lang. This man was completely blinded by anger and was even worse than he was in the past.

"Mr. Huang, this is not a question of whether you are afraid or not. Normal business competition is based on each person's ability. However, you chose to escalate the conflict from the beginning and took the lead in boycotting him. If people spread the word, it will be that you, Yulang International, are bullying the minority with your numbers. This will not stand up to public opinion at all."

Huang Yulang was stunned by Huanggua's words. He thought that if he came to ask for help in person, the other party would definitely help him with all his strength because of their fellow hometown friendship and common enemy.

".Mr. Li, could it be you?"

"My meaning is very simple. If Fang Hexuan uses public opinion to discredit Yulang International and at the same time maliciously acquires it, the Chaoshan Chamber of Commerce and I will stand behind you and will not let him succeed."

"But."

"No buts. I hope the conflict between the two of you won't continue to escalate. Slandering each other will only provoke Fang to become more ruthless and vicious. I dare not imagine the consequences."

"Mr. Li, you are really scared!"

Wong Yuk-lang smiled bitterly and then mocked the cucumber.

Li Huanggua did not refute. At the age of 54, many so-called "trash talks" could hardly make him angry.

What's more, the other party's vision is only enough to see the temporary gains and losses, but cannot see the overall situation.

It's not that he didn't have any ideas about the other party He Xuan, but the key point is that the other party not only invested in the mainland early on, but also invested a huge amount, and scored much more in terms of integrity than himself.

It would be more trouble than gain to make enemies with him again for no reason.

Although Hong Kong is only the size of a palm, and although Fang Hexuan also has a real estate company, fortunately, the other party has devoted most of its energy to developing large-scale commercial buildings and has not generated obvious competition or conflict with himself in residential real estate.

To put it bluntly, even if there is competition, it is currently only incremental competition, and there is no need for both sides to fight to the death.

Helping Wong Yuk-long resist a hostile takeover is already the most we can do.

Seeing that Li Huanggua was just drinking tea by himself, Huang Yulang knew that his visit was over.

After leaving Cheung Kong Holdings, he breathed in the slightly fishy and salty air brought by the sea breeze, but the feeling of depression in his chest could not be dispelled.

Back at Yulang International, he called other bigwigs of the Chaoshan Chamber of Commerce. Some of them directly refused and said they didn't have time, while others frankly said they didn't want to be involved in a conflict with the richest man in Hong Kong.

In short, after failing to get satisfactory support from Li Huanggua, his luck seemed to have run out.

Our client Fang Hexuan didn't know that Wong Yuk-lang was doing these little tricks behind his back. In addition to continuing to keep an eye on the dozen or so insects in the comic industry alliance, he also began to study the feasibility of entering the hotel industry. Although he had a Central Hilton Hotel, the management and operation were handed over to the American Hilton Group, so he was not really involved in the hotel industry.

But Hong Kong will be a world-class financial, tourism, shopping and trade center for decades to come, and developing the hotel industry here is definitely a good investment project.

Fang Hexuan is not very interested in developing residential real estate, but he still has some ideas about the hotel sector.

What's more, once the mainland opens up further in the future, its hotel business will also be fully integrated into the market. The market will be vast and unlimited, which is wonderful to think about.

He hopes that one day in the future he will have one or several hotels of his own in any city in the mainland.

This way, it would be convenient for him to stay and at least he would feel at home.

He looked at the hotel industry survey report in his hand, analyzed the numbers on it, and felt more and more that it was necessary to get involved.

In Hong Kong, the hotel industry, as an important part of the tourism industry, actually began to develop gradually as early as the 60s.

For example, statistics from the Hong Kong Hotel Association show that in 1970, the total number of guest rooms in Hong Kong was 8567. By 1980, the total number of guest rooms had increased to 15224, an increase of 78% in ten years.

You know, it wasn't until the late 70s that the Hong Kong government began to take real practical actions towards economic transformation.

In other words, Hong Kong's tourism industry truly entered its spring in the past three or four years.

It can be said that 6657 more guest rooms were added in ten years, most of which were added in the four years from 1976 to 1980.

In short, although the hotel industry developed relatively late in Hong Kong, it has developed rapidly.

The analysts who wrote the report also predicted that in the next decade, that is, by 1990, the number of hotel rooms in Hong Kong would at least double to more than 30000.

In 1980, the total hotel spending of tourists visiting Hong Kong reached HK$81.34 billion, accounting for 26.8% of Hong Kong's total tourism revenue, second only to tourists' shopping consumption (49.22%).

There are 15224 guest rooms in 45 hotels. The hotel with the most guest rooms has 876, and the hotel with the least has 18.

Moreover, the average occupancy rate of these 45 hotels is as high as 83%, which is significantly higher than the international average of 63%-65%.

Fang Hexuan had never been involved in the hotel industry in his previous life, and even had very little investment, but as a boss and venture capitalist, he was very sensitive to numbers.

If many of the data in this report are accurate, it would be very obvious that they reveal an attractive investment opportunity - Hong Kong's hotel industry will usher in a period of explosive growth.

He believed that there were many other smart people who saw this, but these people might not have as strong strength as himself.

His entry into the hotel industry is very reasonable from the perspectives of personal preference, investment and industrial supporting facilities.

For example, his Lan Kwai Fong business district needs at least several mid- to high-end hotels, which is a rigid demand.

For example, his future film and television theme park will also require a hotel to be located in, which is still a rigid demand.

For example, when Wanda develops a pedestrian street in the future, it can also allow its own hotel brands to participate in it.

In a word, if you don’t invest in the hotel industry, you are making things easier for others!

　Thanks to book friend 20171029004947168 for the recommendation vote!

(End of this chapter)