Wuhan hotel owners warn they are on the brink of going bust after coronavirus devastates industry - ShareIsValue
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Wednesday, April 15, 2020

Wuhan hotel owners warn they are on the brink of going bust after coronavirus devastates industry

The Meisu Fengshang serviced apartment complex in Wuhan has been completely empty since January when Covid-19 started spreading.When the city went on lockdown on January 23, business dropped to zero and there has been no improvement since the city finally reopened on April 8.“More than 80 per cent of our guests are tourists or people on business. Right now most are afraid to travel,” Ma Ling, the owner of the business in the city’s Chuhe Hanjie district, said.She expects the situation to…

from South China Morning Post https://bit.ly/3emTjUg

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