Originally Posted by
italdesign
I can understand this post-Covid, but that article was written in 2017. If this problem already existed back then, it's ironic that hotels continued to pop up like magic. I guess this is an example of the real estate boom that is now in decline.
IME, it's universal; Covid or no Covid. They did it that way, and they're still doing it that way.
We had a huge hotel complex near where I live that went bust; then remained closed for a few years; then was redeveloped into something ~4 times bigger. It still remained pretty much empty. I recall eating breakfast in a massively HUGE hall pretty much by myself ...in Winter....unheated.
Eventually the whole complex was 'commandeered' by the government and made into a govt. meeting place.
China goes by the saying: "If we build, it they will come." Unfortunately "they" don't always turn up....