Lin Zuhui and a group of his men came to the Furama Hotel. Today is the last day of business for the hotel. Starting tomorrow, the renovation will begin. The construction period is 20 months and the total investment is expected to be 120 million yuan.
In the next two and a half years in Hong Kong, the tourism industry will become less prosperous, so it is very appropriate to choose to renovate at this time. And Lin Zuhui started planning the renovation of Furama Hotel six months ago, and he did not waste any time.
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In fact, in the 21st century, the Furama Hotel will still be demolished and rebuilt by Lin Zuhui. Therefore, the 120 million renovation cost this time can only be used for ten years.
Of course, he believes that in ten years, the Furama Hotel can net him more than 1.2 billion, which is not a loss. What's more, he at least has a five-star hotel in Central as a foundation, and occasionally walks into his own hotel.
The feeling is always different.
The Furama Hotel covers an area of less than 30,000 square feet, but because it is in Central and close to Victoria Harbour, the land alone is already worth 1 billion. If it were not for the small area, it is estimated that the maximum redevelopment would be 40 floors. Otherwise
It can be used as the headquarters building of New Era Group.
After the visit, everyone came to the conference room of Furama Hotel.
Lin Zuhui said: "Cathay City's investments are all medium and long-term projects, so the company's debt remains high (1.2 billion), and the interest eats up a lot of net profits. So this year, we are going to privatize it! Only in the group
Only with direct support can the hotel industry in the new era develop faster!"
In the beginning, Cathay City used the stock market to develop. Now that its assets are huge, it needs more direct support from New Era Group, so privatization is necessary.
At this time, Cathay City's investment projects include: 34.9% stake in the Grand Hotel, 51% stake in the Furama Hotel, Hilton Hotel Manila, 51% stake in Canada's Constellation Hotel (listed company), and 51% stake in the American Aircoa Hotel Management Group.
The assets are very huge, but the profit situation is not good. The big hotels currently pay little dividends, and the Manila Hilton Hotel has only started to make profits. The other projects are medium and long-term investments, and the annual net profit is not much.
With an asset value of nearly 6 billion, the annual profit is less than 200 million, and the current market value is less than 1.5 billion.
New Era Group currently holds 60% of Cathay City Hotel Management, so the price of privatization in November will not be high.
Everyone nodded, and Vice President Li Mingtao said: "Fortunately, the Manila Hilton Hotel can make a profit. According to your instructions, we negotiated with the local government to rent a huge part of the mall to the Manila government as a casino. The rent is ten times higher than the mall rent.
, it’s a very good deal!”
Everyone praised the boss's remote control command, which can also achieve very good results.
It turned out that the Hilton Hotel in Manila had a large shopping mall, but the rent was very cheap and the rent was not satisfactory. Therefore, Lin Zuhui instructed to negotiate with the local government first and rent it to them as a casino (there was already a small casino), and he immediately earned ten times the rent.
The rents have also driven the growth of the hotel industry.
In order to develop tourism, the Philippines has begun to vigorously support the gambling industry, so the Manila Hilton Hotel has just caught up. Next year, another 200 rooms will be put into use, and profits will increase even more.
Logically speaking, the hotel industry is a medium- and long-term investment, but the Hilton Hotel in Manila is a very cost-effective investment. The total investment is 14 million US dollars. It is expected that the capital will be fully recovered in 1992, and the rest will be profits every year.
This meeting determined Cathay City Hotel Management Company's policy for the next one or two years, which is to continue investing in the hotel management network and secondly in hotels in Canada. These investments are not high, and in fact the company is equivalent to a stage of consolidating its roots.
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Lin Zuhui's idea is that once New Era Group has a large profit every year (expected to start in the 1990s), it can invest heavily in the hotel industry.
Owning a luxury hotel brand is naturally a symbol of a family, and the Lin family's luxury hotel brand is called Atlantis, a luxury hotel located in a tropical rainforest and water world.
In the future, relying on New Era Group and the Lin family's participation in investment, they can invest in luxury hotels in the Maldives, Bali, Hawaii, Sanya and other places.
........
weekend.
Lin Zuhui took Wang Lingyin to No. 75 Deep Water Bay. The overall construction of this villa was almost completed; however, Lin Zuhui planned to renovate it luxuriously, so it was expected that he would have to wait two years, and it would be almost 1992 before he could move in.
It will take a total of five years to build a true Lin family's ancestral home, the Lin Family Mansion.
The eight villas on South Bay Road can only be regarded as Lam Cho-fai's palace, while No. 75 Deep Water Bay is the true "palace".
Arriving at No. 75 Deep Water Bay, both of them couldn't help but yearn for it.
The entire Villa No. 75 in Deep Water Bay has a total of five floors, including the basement, podium, first, second and third floors.
The basement is not a garage, but a treasure trove and multi-purpose entertainment room;
The height of the podium is equivalent to the height of a two-and-a-half-story building, and the 'podium' is equivalent to a huge base, occupying an area of more than 16,000 square feet; the remaining area is a small courtyard, and the residences of bodyguards and servants
Small building. There are garages, tennis courts, indoor swimming pools, gyms, etc. in the podium.
The entire podium is also equivalent to protecting privacy and security, protecting Lin Zuhui and his family.
Above the podium is a huge site of 16,000 square feet, on which a three-story European-style villa has been built, with a total floor area of several square feet. In front of the villa is a swimming pool, and on the side are lawns, gardens, and the podium.
It is surrounded by a marble fence.
Although the entire villa is close to Deep Water Bay Road, tourists passing by have no way of seeing what the villa looks like. When they pass by, they only see a huge podium wall, and there are plants and rockeries around it for hidden protection; of course, there are
A winding road leads to the villa, but there must be security guards standing guard at the door, which is quite impressive.
This chapter is not over yet, please click on the next page to continue reading! During the entire construction process of the villa, international safety experts provided safety suggestions.
"Brother Hui, Wenjie will be four years old by the time we can move in!" Wang Lingyin said yearningly.
Such a huge and luxurious mansion is a standard feature for the top rich in Hong Kong. And it is located in Deep Water Bay, which symbolizes that her husband has grown to the level of veteran rich men such as Li Chaoren and the Charter King. As a
She is naturally proud of the woman whom the Lin family is marrying, according to the official media.
There is no woman who can stand at this height at the age of 20, and there are only European royal families and world-class established families. Of course she is aware of her husband's ambitions, although she often feels uncomfortable with her husband's romantic affairs.
But she told herself to learn to obey.
Lin Zuhui said with a smile: "We should be able to spend the Spring Festival of 1992 here! Wenjie is not even four years old yet!" When it comes to Wenjie, he always feels that he attaches more importance to him.
Wang Lingyin calculated that there were only two and a half years left, and she suddenly felt a lot happier.
After a while, Lin Zuhui said: "The land in Shek O has been approved. It covers an area of square feet. In the 1990s, another luxury house will be built. After the construction is completed, it can be used as a holiday."
In the previous life, there were only 22 luxury houses in Shek O. There was a Shek O Country Club, close to Shek O Bay, and the surrounding environment was beautiful and peaceful.
Wang Lingyin is not surprised. There is no doubt about his man's strength, and he has a special liking for luxury houses. What's more, he has so many women and children, and he is guaranteed to buy more than a dozen houses. Although they will not be that luxurious, they are
It is definitely one of the best properties in Xiangjiang.
...
The vast majority of people in Hong Kong do not have the resources to immigrate. An immigration quota in Canada costs about 200,000 Canadian dollars (1.5 million Hong Kong dollars). Therefore, ordinary citizens have to live how they live.
At the beginning of a new week, ATV began to promote "Who's a Millionaire". At such an appropriate time, it felt as if depth charges were dropped in Hong Kong.
Is 1 million Hong Kong dollars a lot?
For Lin Zuhui, even that little money is not enough!
But for most citizens in Xiangjiang, 1 million is an ‘astronomical number’.
The per capita income in Hong Kong is 8,000 yuan, and the median income is around 6,000 yuan. A graduate teacher (with an undergraduate degree from a university recognized by the Hong Kong government) has a monthly salary of ~ yuan, and a diploma classroom has a monthly salary of ~ yuan.
1 million can now buy an ordinary house of 700 square feet (only for these few months), solving the housing problem of many people!
For a time, citizens were discussing it heatedly!
An ordinary family teacher: "You only need to answer 15 questions correctly, and you can get 1 million! Oh my god, knowledge can really change your destiny. My son is from the University of Hong Kong, let him participate!"
A professional writer: "I didn't expect that the books I have been studying for decades will finally come in use today. I want to participate in this program!"
All of a sudden, people who signed up flocked to the radio channel for interviews!
Yes, interviews are required, otherwise so many people would be needed to record a show!
TVB is facing a formidable enemy!
This seems to have become the norm. Those who were once defeated are now equal to their opponents, and even better in some aspects.
"Bao Qingtian" broadcast by ATV this year has an average ratings of 36 points. There is no doubt that it will be the ratings champion this year. It is like a god. The important thing is that "Bao Qingtian" has hundreds of episodes and may become the second consecutive TV series.
Ratings champion of the year.
TVB's Uncle Shao Liu was so anxious that he originally wanted to ask China Television Taiwan if he could also sell it to TVB, but he found out that the copyright was in the hands of ATV. Although this was a series co-produced by both parties, the investor was ATV.
ATV was in full bloom, and Uncle Liu’s net worth suddenly began to shrink!
Wireless, originally worth 10 billion, is now valued at 7 billion, a 30% reduction.
Through interviews with citizens and surveys, most citizens believe that ATV will start in the 1990s, forming a 50-50 split with wireless.
Accidental success will never be so praised by the public. ATV is obviously not an accidental success. It has broadcast many top-rated programs. Now, even advertisers have begun to favor ATV, which shows that the Hong Kong TV industry has indeed ushered in a new pattern.
No. 81 Broadcasting Lane.
Lin Zuhui looked through the financial statements for the first five months of this year and made a shocking discovery - a loss of 30 million.
NB!
You should know that ATV is still investing heavily this year and has not tightened financial regulations; ATV's employees have exceeded 2,000, which shows how much expenditure it has incurred.
A loss of 30 million is certainly something to be happy about. After all, if this situation continues, profits will be made this year!
After a while, Shuyi Zhou came to Lin Zuhui's office and handed over a "Miss Asia" selection plan and budget.
"Boss, the budget for this year's beauty pageant is 12 million. We have arranged to go to Spain to shoot behind-the-scenes photos. The budget is more than 2 million!"
Lin Zuhui glanced at it casually, and he seemed to remember that there were two relatively famous Asian sisters this year, one named Weng Hong and the other named Wan Qiwen.
It looks like there’s something going on this year!
"Well, it doesn't hurt to have a slightly larger budget. This year is a critical year! The beauty pageant stage must be magnificent and magnificent, and use all modern technological means."
Zhou Liang Shuyi nodded and said: "Okay, boss!"
Finally, Lin Zuhui warned: "'Who's the Millionaire' will be ATV's flagship program, you must shut it down, this program does not tolerate scandals and major mistakes. I also want to sell the copyright and make hundreds of millions!"
"
Zhou Liang Shuyi was a little shocked in her heart. Is this program so valuable? But the boss's vision does not need her to comment, everyone knows it.
"Well, we attach great importance to it and have made every aspect foolproof."
Lin Zuhui nodded, he didn't care about the details, he only looked at the specific effects.
If his creativity is wasted or mistakes are made, he will scold them.