Last year had barely passed since I started my tourism business, so my experience wasn't that rich.

Su Yehao and Master Jiang both thought investing in the hotel business was a good idea, so the decision was quickly made. There was no need to ask for the opinions of the three minor shareholders, Baleful Jun, He Shaofan, and Zhugan.

After some discussion, they decided to control at least three thousand rooms, to avoid others controlling the hotel pricing power, so they could earn more themselves.

In short, it was still a matter of "traffic" and "monetization."

Other travel agencies didn't have the strength to operate their own hotels on that scale, but it was a small problem for Su Yehao. Ultra-luxury hotels like the Central Eastern Phoenix Garden required a lot of investment, and most tourists didn't need that. They just wanted a clean place to take a shower and a bed to sleep in.

Instead of wasting money on accommodation, most tourists preferred to have fun and buy more things.

In this way, running shopping malls also seemed very promising.

The only drawback was that it required a huge investment, and the competition was particularly fierce. It probably wouldn't happen in the short term. If they could get the Sihai International Center Plaza in Casino up and running, that would already be very good, since there were quite a few tourists visiting Casino.

Instead of spending a lot of time and money trying to monopolize the tourist retail industry, it would be better to continue investing in the Internet, which was much easier to make money from.

So Su Yehao's plan to invest in hotels was just a matter of going with the flow.

He couldn't help it. His debt ratio was too high, and the bank would always ask for a review when lending money. They might not be willing to lend if he said he was going to continue investing in the stock market, but if he switched to investing in real estate, the approval would be much easier.

In short, the bank didn't think the Internet company stocks he held were really worth that much, and they also had a high risk.

This was also the main reason why Su Yehao had been buying real estate one after another, instead of putting all his money into Nasdaq…

He went downstairs to the yard.

As soon as he stepped out of the door, a wave of heat hit him. No wonder the little girl and Jiang Yu were soaking in the pool, unwilling to get out.

Since the family had a swimming pool, Su Yehao's swimming skills had improved a lot.

He took off his watch, put away his phone, took off his shirt, and jumped into the pool in his shorts, swimming back and forth twice.

When he approached Jiang Yu, Su Yehao blinked and asked, "Have you been in contact with Zhao Yimeng recently? Call her for me later and ask if she's still selling the Eastern Phoenix Century Plaza in Yau Tsim Mong. Don't mention my name, just say your dad's travel company wants to buy it to open a hotel."

Last time Zhao Yimeng said she was preparing to sell assets, Su Yehao made a special trip to see several places. Later, he bought a piece of land on Taipa Island in Casino, and his father took the central plaza near the Hotel Lisboa.

This Eastern Phoenix Century Plaza was also one of the important assets of the Eastern Phoenix Group. The initial asking price was eight hundred million Hong Kong dollars. It was across the street from the Jockey Club, one hundred and eighty-eight meters high, with a total of thirty-seven floors.

The main reason he was eyeing the assets of the Eastern Phoenix Group was because he was familiar with them, and it was also easier to bargain.

So much time had passed, Su Yehao didn't know if it had been sold, or if they still planned to sell it, so he asked Jiang Yu for help.

Jiang Yu's hair was wet, and her neck was long and slender. She was so beautiful even without makeup.

She asked suspiciously, "My dad? If my dad had that much money, my family would have moved to Bishop Hill a long time ago. What exactly do you want to do? Don't you have Zhao Yimeng's number?"

"...You're so smart, asking so many questions."

Su Yehao picked his ear and explained simply, "I just got off the phone with your dad. He said it's not cost-effective to raise room rates, so I'm going to open a mid-range hotel myself. Don't be sentimental, it doesn't have much to do with the travel company, I'm paying for it myself."

"Humph, you're ditching my family to make money yourself?" Jiang Yu said angrily.

"It's a lot of investment, the company can't afford it, so I'm paying for it myself... Don't interrupt, remember to contact her to ask about the price."

"Then why don't you contact her yourself?"

"...Something happened to the Eastern Phoenix Group, so I'm staying away for now, in case they ask me to help, it's too troublesome."

Su Yehao gave a vague explanation.

Since his father was indiscreet in Si Jiucheng a few days ago, publicly exposing the fact that their family was very rich, the news spread quickly. Recently, more people had come to him for help than when he announced an investment of one billion in the mainland last year.

What's even more troublesome was that some of them were even related to him. Helping them would be a loss for him, and not helping them would offend them, which was a headache either way.

Hearing this.

Jiang Yu seized the opportunity, looked at him with a contemptuous expression, and mocked, "You used to call her 'Little Mengmeng,' but when you encounter a problem, you pretend to be a stranger. Men really can't be relied on."

As soon as she finished speaking, the little girl reached out her salty pig hand to attack Jiang Yu, and chimed in, "You dead girl, bullying my Hao-ge in front of my face, I'm going to fight you!"

The two girls fought and made noise, and Jiang Yu quickly surrendered, because the little girl went behind her, grabbed the tie of her swimsuit, and shouted that she was going to give Hao-ge a big gift.

This gift...can't be said to be very big, it can only be considered barely passable.

Clearly knowing that Nangong Tian wouldn't really do it, Jiang Yu still felt embarrassed to death, and kept saying that she would ask Zhao Yimeng as soon as she got ashore.

As for Su Yehao, while smacking his lips and sighing that it was enjoyable, he stared without blinking.

This expression fell into the little girl's eyes, and Su Yehao became the one being criticized. She scooped water and splashed it on his face, scolding with a smile that he actually wanted to see it.

...

Jiang Yu had class, so she went back to her room to take a shower and change clothes soon after.

When she came downstairs again, she was holding her Nokia phone. She called Zhao Yimeng in front of Su Yehao, and only heard that the Eastern Phoenix Century Plaza had not been sold yet, and would cost at least seven hundred and eighty million Hong Kong dollars.

The house prices in the area where the plaza was located were not as good as those in Central and Sheung Wan, but it was also a bustling commercial area with a high concentration of people and a large number of high-rise buildings. It was only a few hundred meters walk to the Harbour City shopping mall, and it was also convenient to go to Tsim Sha Tsui.

Now the asking price was seven hundred and eighty million Hong Kong dollars, the Eastern Phoenix Group would still not lose money. They got the land early, and the land cost was low, but if it was sold to the public two years ago, it would be normal to sell it for a price of fourteen or fifteen hundred million Hong Kong dollars. The bubble had indeed burst.

He was just testing the waters first.

Occupancy rate, number of rooms, how to price them, surrounding environment, etc. all had to be evaluated. Su Yehao was thinking of taking another look, so he didn't let Jiang Yu drive to school, and took his Rolls-Royce Silver Spur with her.

After dropping Jiang Yu off at the gate of the University of Hong Kong, he went to Yau Tsim Mong with the little girl who skipped class. They encountered an accident ahead of them in the tunnel, and were stuck for a full forty minutes before finally passing through Victoria Harbor.

When they arrived at Eastern Phoenix Century Plaza, they found that the surrounding area was fenced off, and there was a lock on the door.

After looking up at the building, and then looking at the old houses around it, the environment was indeed far inferior to Central. The area around the Eastern Phoenix Garden Hotel was much more beautiful than here, but fortunately it was only positioned as mid-to-high end, so it would definitely be better than many old hotels.

Su Yehao stood by the side of the road, counting the floors one by one, muttering, "How many rooms can be separated in such a new building? Charging three or four hundred dollars a night, it shouldn't lose money, right?"

Nangong Tian stood next to him and suggested, "You can find a similar hotel and ask, and you'll know..."