We're building a super chaebol in Hong Kong

From this report, Su Cheng could feel that the trial operation of Hutchison Whampoa Plaza had been very successful!

"Boss, we have indeed accumulated a lot of experience in operation over the past month or so. These are invaluable treasures. We can be regarded as the first to operate such a commercial plaza, and there is not much experience to learn from. We have to accumulate it bit by bit ourselves. This is a process," Wen Yu replied from the side.

"Yes, experience is wealth," Su Cheng smiled.

Continuing to read, he also discovered some interesting data.

The hotel in Hutchison Whampoa Plaza is the Oriental International Hotel, newly established by Hutchison Whampoa Group.

Hong Kong's area is not large, and many tourists, even if they come to play, rarely spend the night here and basically go back the same day.

Therefore, Su Cheng saw that the turnover of Oriental International Hotel was not high in the first few days.

Out of 158 rooms, only twelve rooms were occupied on the first day.

The second day was better, with a full eighteen rooms occupied.

The third day fell back to thirteen rooms.

In short, the occupancy rate of Oriental International Hotel was very low during the first week of trial operation.

If it continued with such an occupancy rate, it would definitely be losing money all the time.

After all, Oriental International Hotel occupies an entire building, twelve floors, and has more than forty employees, so the daily expenses are very high, not to mention the rent cost!

Of course, both Oriental International Hotel and Hutchison Whampoa Plaza are 100% owned by Hutchison Whampoa, so they are all one family, and the rent must be very favorable.

But even so, with the daily expenses of Oriental International Hotel, it would be losing money if it didn't rent out thirty or forty rooms a day.

At this rate, Oriental International Hotel would go bankrupt sooner or later with such a low flow of customers.

However, when Su Cheng carefully looked at the data of Oriental International Hotel, he was surprised to find that the hotel's customer flow began to improve significantly from the second week of trial operation.

After August 20th, the daily booking rate had exceeded 50%.

This month, even more than 100 rooms were booked every day. The highest day even reached a 100% booking rate, which was especially obvious on weekends.

"Why is the booking rate of Oriental International Hotel gradually increasing?" Su Cheng asked curiously.

Although Wen Yu is not from Oriental International Hotel, as the general manager of Hutchison Whampoa Plaza, he must know the reason.

"Boss, we were also very surprised when the occupancy rate of Oriental International Hotel started to rise. After a period of investigation, we finally found out the reason.

It turns out that as an international metropolis, Hong Kong has a large number of people coming to Hong Kong for tourism, vacation, or business trips every day. After these people arrive here, they often ask taxi drivers about where it is more suitable to stay and where it is more fun. Many taxi drivers will think of our Hutchison Whampoa Plaza as soon as possible when answering their questions.

Because Hutchison Whampoa Plaza has a very high reputation during this period. In addition, the distance from Kai Tak International Airport to our Hutchison Whampoa Plaza is relatively far, and taxi drivers can earn more fares. Therefore, many drivers recommend our Oriental International Hotel, which leads to the continuous increase in the occupancy rate of Oriental International Hotel.

In addition, there are many large and medium-sized schools near Hutchison Whampoa Plaza. Since the trial operation of Hutchison Whampoa Plaza, it has become the best place for these school couples to date. Many couples do not plan to return to school after dating, but stay outside to rent a room, especially on weekends. Therefore, this is another important reason for the increase in the hotel's occupancy rate.

Our Hutchison Whampoa Plaza already has a considerable influence in Kowloon Tong. It is equipped with a large commercial supermarket, and daily life can basically be solved here in one stop. They no longer need to go to a farther place to buy things, and those students from middle and higher education institutions are even more frequent visitors to our Hutchison Whampoa Plaza, so there are very many student couples."

Wen Yu quickly gave the answer.

After listening, Su Cheng understood.

In addition to the data of Oriental International Hotel, what Su Cheng was most concerned about was not the Oracle brand experience store, but ParknShop Supermarket.

This commercial supermarket under Hutchison Whampoa has become a part of Su Cheng's industry along with Hutchison Whampoa since Su Cheng acquired Hutchison Whampoa.

ParknShop Supermarket has a very high reputation in Hong Kong, and the supermarket in Hutchison Whampoa Plaza is ParknShop Supermarket.

Looking at the data, Su Cheng was surprised to find that since the trial operation, the flow of people in ParknShop Supermarket has been extremely close to the flow of people in Hutchison Whampoa Plaza.

For example, on September 1st, which was Saturday, the customer flow of the entire Hutchison Whampoa Plaza reached 86,765 people, and the customer flow of ParknShop Supermarket also reached 82,340 people.

In other words, basically everyone who comes to Hutchison Whampoa Plaza for shopping will go to ParknShop Supermarket.

This is also the most profitable store in Hutchison Whampoa Plaza at present.

Although the unit price of products in those luxury stores is high, the number of products sold every day is very low after all, so the amount of money they attract is not large. In many cases, it even depends on luck.

ParknShop Supermarket has such a large flow of people, and at least more than two-thirds of the people will buy things after entering. Even if the product price is not high, the quantity is large, and the final turnover is also very terrifying.

Su Cheng was quite satisfied with this result.

At least, in Hutchison Whampoa Plaza, in addition to collecting rent, he can also make money through supermarkets, hotels, cinemas, Oracle brand experience stores, etc. The main profit will still go to him in the end.

"By the way, what is the progress of the other Hutchison Whampoa Plazas under construction?" Su Cheng put down the notebook in his hand and asked Wen Yu.

"Boss, at present, the progress of two Hutchison Whampoa Plazas is relatively fast. With the current progress, Kwun Tong Hutchison Whampoa Plaza and Sheung Wan Hutchison Whampoa Plaza will be able to officially open simultaneously in March next year. The earliest of the other Hutchison Whampoa Plazas, such as Macau Hutchison Whampoa Plaza and Singapore Hutchison Whampoa Plaza, will not be completed until a year later," Wen Yu took out another document from the bookcase and handed it to Su Cheng.

After Su Cheng took it, he flipped through a few pages casually and didn't continue reading.

This contains the information of several Hutchison Whampoa Plazas currently under construction. Su Cheng didn't expect that they would actually expand the market to Singapore. It's indeed very fast.

The market must be occupied as soon as possible.

Although latecomers have the opportunity to surpass the former, those who lay out in advance will always have a greater chance of success! (End of this chapter)