But if it’s now, the value of any five-star chain hotel that Fuhua Group invested in back then is over 1 billion US Dollars.
It can be said that just the appreciation of the fixed assets of these hotels has made Singapore Fuhua Group a lot of money; it’s quite a lucrative investnt.
From this, it can be seen that Guo Aihua’s father was a businessman with great foresight.
In the early 90s, he was very optimistic about dostic developnt and invested in over 20 five-star chain hotels in several major cities in the country.
It’s known that in those days, five-star hotels in the country were extrely scarce.
Each five-star hotel could greatly enhance the image of the city where it was located and had a very positive impact on attracting foreign investnt to the local city.
And Singapore was also recognized by the dostic high-level officials as patriotic overseas Chinese and a model of patriotic Chinese businessn.
"Why do you want to venture into the hotel industry? And the first one you target happens to be my Fuhua Hotel." Guo Aihua complained.
"Isn’t this a family fight among our own people?"
"How would I know Fuhua Hotel was yours!" Yi Anguo said helplessly.
"So what do we do now? Is your An Country Hotel going to acquire my Fuhua Hotel, or do you want to give my Fuhua Hotel to you?" Guo Aihua asked.
"Actually, having a strong competitor for Fuhua Hotel isn’t necessarily a bad thing." Yi Anguo smiled and said.
"Isn’t it better for both to coexist? Why must one acquire the other?"
"Now my Fuhua Hotel is already suffocated by your An Country Hotel. Even old custors have been snatched away by your An Country Hotel, how can both coexist?" Guo Aihua said discontentedly.
"These are just temporary phenona; An Country Hotel is a newly opened large hotel, with new renovations, and certain price advantages, along with a service not inferior to the five-star Fuhua Hotel, which attracts many custors." Yi Anguo explained.
"Custors have a natural tendency to like new things and dislike the old. And when the novelty wears off, they’ll have a nostalgic sentint, and eventually, the situation will normalize and improve."
"Fuhua Hotel has its own features, and An Country Hotel has its own features. Each custor has different preferences and needs, so coexistence is perfectly possible."
"Besides, as long as custors spend in our hotels, isn’t it all the sa? It’s either you’re earning or I’m earning, the at is still in the pot."
"My Fuhua Group is not just mine alone; it belongs to all shareholders, and I am accountable to them." Guo Aihua explained.
"Recently, the performance of Fuhua Hotel in Shenzhen has significantly declined. How would I explain this to the shareholders?"
"I can’t just say An Country Hotel is my husband’s, can I?"
"Business requires risk; no investnt is guaranteed without losses. Ups and downs are normal. When the business is slack, you need to explain to the shareholders, but when it’s good, is the profit all yours alone?" Yi Anguo sneered.
"Even if Fuhua Group isn’t yours alone, you’re the largest shareholder, the chairman, who do you need to explain to?"
"If any shareholder is dissatisfied with you, they can sell their shares."
"If you truly feel bad explaining, then I can buy all Fuhua Hotels in the country, and then you can explain to your shareholders."
"If I transferred all the dostic Fuhua Hotels to you, I couldn’t possibly continue as chairman." Guo Aihua said with a bitter smile.
"Now the dostic economy is becoming increasingly strong, providing the company with a continuous stream of profits each year, like a golden hen laying golden eggs."
"This year, the group plans to increase its dostic investnt, planning to invest no less than 2 billion US Dollars, to build or acquire over 15 to 20 five-star chain hotels dostically."
"How can it be possible for the group to agree to transfer all dostic Fuhua Hotels to you?"
"Then there’s no way, our two hotels can only compete fairly." Yi Anguo shook his head and said.
"At most, the newly opened An Country Hotels in the future will be slightly further away from your Fuhua Hotels, minimizing impact on your Fuhua Hotels as much as possible."
Clearly, although they were familiar with each other, even if they had just slept together, business is business, and neither would easily make concessions.
Yi Anguo’s An Country Hotel had just started to develop, and if he transferred all the An Country Hotels he had now to Fuhua Group, then An Country Hotel wouldn’t need to continue.
"But your Fuhua Group has got it right; expanding dostic investnt and opening more chain hotels is the correct direction."
"Why doesn’t your An Country Hotel directly upgrade to a five-star hotel, but rather insist on a four-star hotel?" Guo Aihua asked.
"That’s obviously because the qualifications aren’t there, the level isn’t there, and besides, the four-star positioning for the just-entering-the-hotel-industry An Country Hotel is already adequate." Yi Anguo explained.
"In the future, An Country Hotel does not rule out building chain hotels with five-star standards, but at present, we are still mainly developing four-star standard chain hotels, five-star standards are temporarily not in the plan."
"So whether An Country Hotel acquires your Fuhua Hotel or your Fuhua Hotel acquires An Country Hotel is inappropriate right now."
"Even if I didn’t know Fuhua Hotel was yours, I never intended to target Fuhua Hotel; creating the current situation wasn’t my intention."
"So since your An Country Hotel has opened with such good business performance, have you thought about upgrading its level of consumption? To align with Fuhua Hotel." Guo Aihua asked.
"Four-star hotels have their own level of consumption, how could they align with five-star hotels? Isn’t that asking for complaints? Custors would definitely have huge objections."
No matter how wealthy the consur, consumption level is defined by the standard; an ordinary person can accept paying 20 to 30 US Dollar for a beer in a bar, or even higher.
But if he went to a convenience store to buy a beer, and was charged 20 US Dollars for a bottle, he would absolutely not agree.
The sa principle applies to what you say and where you say it.
People have multifaceted personalities; at school, he may be a highly respected professor, at ho, he is a husband and a father, and in front of friends, he shows another side, performing differently in each role.
He may be a good husband in front of his wife, but in the nightclub, he might behave as wildly as anyone, maybe even in a perverted manner.
Just like Yi Anguo’s deanor in front of Guo Aihua is quite different from his true self.
Clearly, if you are a four-star hotel, with consumption levels like a five-star hotel, how could custors not have objections?
Like staying at a regular hotel, if you find the room price equal to a five-star hotel’s charge, could you ntally accept it?
If a convenience store sells beer for 20 US Dollar a bottle, custors can definitely report you to the consur association for fraud and violating pricing laws.
However, selling beer for 20 US Dollar a bottle in bars is very normal, absolutely no one would report you for defrauding consurs.
After all, all bars are like this, similar to each other; when you enter a bar, you’ve agreed to pay those consumption prices.
And to avoid conflicts, bars usually require you to settle bills upfront, then consu, if you can’t accept paying 20 US Dollar for a beer, you can leave the bar; no one will stop you.
This principle is naturally understood by Guo Aihua, so after listening to Yi Anguo’s explanation, she found herself speechless.
"Fine, let our two hotels compete against each other." Guo Aihua ultimately said helplessly.
"By the way, what are your plans afterwards? Since our family already reunited, we can’t keep living apart for long, can we?"
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