Chapter 421: Taking the opportunity to buy at the bottom
Fang Hexuan didn't know that he had become a "regular customer" in the eyes of a pair of good girlfriends on Wa Island, but even if he knew, he would probably just rub his nose and not respond. After all, when you go out to play, you have to pay back the romantic debts you owe in some way.

As the ICAC dug deeper into the Carrian scandal, he also received news from undercover agents that he had been targeted by the Hong Kong Police's "Integrity Department".

However, there is no way to take the initiative in this kind of situation. He can only see how the other party attacks so that he can make appropriate countermeasures.

As mentioned before, Fang Hexuan was not particularly worried that the Ministry of Integrity would catch him. After this period of review and follow-up, he was confident that this group of people could not really threaten him.

If he was worried every day, he would have no time to do anything else. Besides, although November was not a very busy month, there were still many important decisions and plans that required him to make personally.

For example, when the real estate market collapsed, some cases of bottom-fishing had to be supervised by him, the big boss, for Wanda.

As far as he knows, Wanda is not the only company engaged in large-scale acquisitions in the market. Others such as Cheung Kong, Henderson Land, and Sun Hung Kai are also doing the same thing.

Although these competitors are weaker than Wanda, there are always some high-quality properties that everyone is interested in and require bidding to determine the winner.

At this time, whether to continue raising the price or not is up to Fang Hexuan to decide.

In addition to taking advantage of the opportunity to buy in the real estate market, he also took the opportunity to make some good plans for his Mengxuan Hotel Group.

Although Mengxuan extorted the Holiday Inn Golden Mile and Empire Hotel from the Xialilila family in the first half of this year, the number of hotels controlled by Mengxuan does not match the name of its company at all.

The top multinational hotel groups in later generations all have a large number of well-known hotel brands and a number of stores covering the world.

For example, Marriott International, founded in 1927, has more than 30 iconic brands including Bulgari, Ritz-Carlton, St. Regis, EDITION, JW Marriott, W Hotels, The Luxury Collection, Delta, Gaylord, Marriott Vacation Club, Autograph Collection, Tribute Portfolio, Westin, Marriott, Design Hotels, Le Méridien, Renaissance, Courtyard, Fairfield Inn & Suites, Protea, Aloft, AC Hotels, Sheraton, Moxy Hotels, SpringHill Suites, Marriott Executive Apartments, and Element, as well as more than 141 hotels in 8900 countries and regions around the world.

For example, the American Hilton Hotels Group, founded in 1919, also has nearly 20 brands including Waldorf Astoria, Conrad, Hilton, Hilton Garden Inn, DoubleTree by Hilton, Hilton Garden Inn, Hampton by Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Canopy by Hilton, Embassy Suites, Homewood Suites, Garden Inn, Second Home, Hampton, Hilton Grand Vacations Club and more than 126 hotels in 7500 countries and regions around the world.

还比如成立于1967年的法国雅高酒店集团，拥有莱佛士、费尔蒙、索菲特传奇、索菲特、onefinestay、美憬阁、铂尔曼、美爵、瑞士酒店、诺富特、美居、MamaShelter、Adagio、宜必思、宜必思尚品、宜必思快捷、hotelF1等43个品牌，也在全球110多个国家和地区开设了4900多家酒店。

Another example is the British InterContinental Hotels Group, which was founded in 1777. Although it only has less than 10 brands including InterContinental Hotels, InterContinental Hotels Resorts, Crowne Plaza, Holiday Inn, Holiday Inn Express, and Hotel Indigo, it still has more than 100 hotels in nearly 4400 countries and regions around the world.

As for why these hotel groups have so many brands, the reason is very simple, mainly to meet different needs.

Hotels can be divided into seven categories according to their functional nature: business hotels, resort hotels, economy hotels, apartment hotels, sightseeing hotels, theme hotels and conference hotels. Each category can be further divided, for example, theme hotels can be divided into couple theme hotels, e-sports game hotels, art hotels, celebrity culture hotels, natural scenery hotels, etc.

Each type of hotel can be divided into one-star, two-star, three-star, four-star and five-star according to the evaluation level.

Each level can be further divided, for example, five-star hotel can be divided into luxury five-star hotel, boutique five-star hotel, deluxe five-star hotel and ordinary five-star hotel.

For top hotel groups, they disdain to operate hotels below four stars. Even if they are so picky, a handful of brands still cannot meet basic operational needs.

Fang Hexuan is a time traveler and a cheater who made billions right from the start. It's impossible that his Mengxuan Hotel Group is worse than Jinjiang International and Huazhu Group in later generations, right?

要知道前者可是在全球86个国家和地区拥有或管理16000多家酒店，旗下仅中国区就有锦江都城、维也纳国际、麗枫、希岸、喆啡、凯里亚德、丽怡、锦江之星、希尔顿欢朋、云居、丽芮、郁锦香、暻阁、丽亭、ZMAX、枫渡、憬黎、舒与、缤跃、荟语、陶瑞、丽柏、原拓、维也纳、康铂、欧暇·地中海、潮漫、7天、IU、白玉兰等30个品牌，全球一共经营了48个品牌。

The latter is not bad either. Founded in 2005, it operates more than 18 hotels in 9300 countries and regions around the world, owning or managing 31 brands including Joya, Huajiantang, Meilun International, Orange Crystal, Manxin, Meilun, Mercure, CitiGO, Ji, Orange, Hanting, Starway, Ibis, Haiyou, Hello, Chengjia Apartment, Ruibeiting Apartment Hotel, Novotel, Grand Mercure, and Citadines Apartment Hotel.

As a world-class billionaire, Fang Hexuan will not compete with small and medium-sized hotel groups for business, but Mengxuan will definitely operate hotel businesses including three-star and above in the future.

Therefore, relying on just one Golden Mile Holiday and one Empire is far from enough.

In addition, the Central Hilton Hotel where he currently stays every day has been planned to be demolished and rebuilt by Wanda next year, so his hotel cooperation project with the Hilton Group is almost over.

As for acquiring the Hilton Hotel brand, it was just wishful thinking. It was extremely difficult, so Fang Hexuan was unwilling to waste a lot of time doing an impossible thing.

He has already planned to open 20 hotels in Kowloon and Hong Kong Island in the next five years, all of which will be four-star and five-star.

But it is not impossible to create multiple new brands from scratch, it just will be very difficult.

Therefore, Mengxuan Hotel Group still needs to acquire some brands to enhance its foundation. Among the 20 hotels, some are newly established brands, and the rest are for brands to be acquired.

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(End of this chapter)