Chapter 355: [A new round of hotel expansion] (seeking a monthly pass!)
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Chapter 355 [A new round of hotel expansion] (seeking a monthly pass!)
said that after Lenovo Electric announced the start of the sale of color TVs with Trinitron technology, it was quickly recognized and sought after by the market;
is not only equivalent to giving the U.S. TV industry a head start, it is also a lethal power to Dongying's electrical appliances business.
Since the TV war broke out in March, in just four months, some small and medium-sized manufacturers in the United States have been dying, and bankruptcy is just this year;
The Trinitron technology color TV used by Lenovo has accelerated the time for these American manufacturers to close down.
Similarly, Lenovo's Trinitron color TV is also a blow to the other six major electrical appliance manufacturers in Dongying.
"It's a good strategy to kill two birds with one stone! First, cooperate with Dongying Electric Appliances manufacturer to conduct a price war against American TV manufacturers, and then use the Trinitron technology developed by itself to suppress Dongying's six major electric appliance manufacturers." The retired Matsushita Shinnosuke exclaimed. .
Matsushita Shinnosuke’s son-in-law Masaharu Matsushita looked serious at this time. He never expected that he would be hit like this when he first came to power;
Panasonic is the leading manufacturer of TV sets by Dongying. This move by Lenovo is undoubtedly a big impact on Panasonic.
Matsushita Masaharu has seen Trinitron color TV, its color and clarity are indeed much better than Motorola's color TV!
"What are you going to do?" Matsushita Shinnosuke looked at his son-in-law and put it to the test.
"There is very little that can be done. Lenovo's Trinitron technology has registered patents in the United States and Japan, and it is difficult for us to imitate it; only the six major electrical appliance manufacturers have put pressure on Lenovo to require everyone to use Trinitron technology for a fee! "Matsushita Masaharu said.
Matsushita Shinnosuke pondered for a while before he said: "Lenovo Electric is a joint venture and is very dependent on the Dongying market, so it must not dare to offend the Dongying government; you will contact other people first, and this request will be made on the tenth; if not, let Dongying The government intervened to put pressure on Lenovo. In short, Trinitron technology must be applied to our TV sets."
Although the TV is only a product of major electrical appliance manufacturers, it is indeed a very important product and should not be missed!
Therefore, Lenovo Electric is bound to be pressured by major electrical appliance manufacturers, and even interfered by the Dongying government.
This, Wu Guangyao had long expected!
On August 10, Tokyo Palace Hotel.
Akio Morita, the representative of Lenovo, was forced by the six major electrical appliance companies.
"Everyone, don’t want to threaten our Lenovo with exiting the'TV War'. At this time, you have no way out; whoever exits the'TV War' will lose the TV market for any company, and Lenovo's Fill this gap, if you don’t believe me, try it!"
Although Akio Morita is the youngest among these people, he is not stage fright at all;
At this time, Akio Morita has received instructions from Wu Guangyao, or Lenovo’s bottom line;
That is to drag first, if the official forces of Dongying intervene in the later period, the bottom line of Lenovo Electric will be exposed;
That is to provide Trinitron picture tubes to the major electrical manufacturers in Dongying, and the profit must be more than 10%.
Hearing Morita Akio's words, everyone couldn't help being silent. Just as Morita Akio said, if anyone quit the'TV War' now, wouldn't it be the same end as the American TV manufacturer!
Actually, everyone think about it carefully. Instead, it’s your own company that produces advanced products, and it is impossible to share it with other manufacturers;
Everyone just sees that the boss of Lenovo is from Huaxia, so I feel that applying pressure can get what you want!
Changed to other six electrical appliance manufacturers, no one hired!
"Everyone, our Trinitron color TV is priced at US$500 in the United States and US$750 in Dongying. It leaves you with a lot of room for survival, so I believe that the Trinitron color TV will not have a great impact on you. This is not the time for internal fighting. Our enemy is still the American TV manufacturer." Akio Morita decided to ease the relationship between everyone.
This ‘ten-day meeting’ on August 10th, everyone was a little bit unhappy.
New York, Starlight Hotel Management Headquarters.
Wu Guangyao is reviewing the information of Xingyao Hotel Management Company and intends to increase investment;
The cash flow on hand has reached 210 million US dollars. If you do not make a large investment, it is equivalent to the devaluation of this money.
Wu Guangyao’s cash income last year has been as high as 48 million US dollars, of which the zipper industry contributed 30 million US dollars to Wu Guangyao, 12 million US dollars for the beach, Lao Fengxiang jewelry contributed 3 million US dollars, and Baiyou Group could contribute 3 million US dollars;
Although there has been a lot of investment in these years, the money has been saved very quickly!
Today's Xingyao Hotel Group is as follows:
Three five-star hotels that have been in operation, namely the Ritz-Carlton Hotel in Boston, the Ritz-Carlton Hotel on Hong Kong Island, and the Shangri-La Hotel on Hong Kong Island;
Two five-star hotels are under construction, namely, the Ritz-Carlton, Ginza, Tokyo and the Ritz-Carlton, Osaka;
For mid-range hotels, Xingyao Hotel Management Company currently focuses on franchising holiday hotels, with a total of 16 mid-range holiday hotels, all located in the United States.
Xingyao Hotel Management's annual turnover in 1961 was 8.12 million US dollars and net profit was 2.85 million US dollars;
Xingyao Hotel Management Group has 2,208 employees, of which American employees account for 65%.
The next day, the middle and senior management of Star Hotel Management Company were all gathered in the conference room of the headquarters in New York, USA.
"For the convenience of management, I decided to implement a chief system in the Star Hotel Management Group; CEO Charles, Chief Financial Officer George, and Chief Operating Officer Louise. What are the specific tasks of the three chiefs." Wu Guangyao explained. .
In the new chief management system, the power of the CEO has reached about 40% to 60% of the power of the chairman;
Of course, he is still under the management of Wu Guangyao, the chairman, and Wu Guangyao can change the CEO and other chiefs at any time as long as he has absolute equity.
The reason for this operation, Wu Guangyao also intends to delegate power to his subordinates;
Because Wu Guangyao’s shares are there, I don’t worry about someone raising himself at all;
Xingyao Hotel Management's shares, Wu Guangyao occupies 99% of the shares, and no one can shake his position at all.
Everyone heard Wu Guangyao’s chief management system, and their eyes were bright;
Although everyone knows that Wu Guangyao has done a lot of general leadership for Xingyao, he rarely participates in specific affairs. The implementation of such a system is naturally beneficial to the operation of the company.
"Since everyone has no opinion, let's improve this management system under the witness of lawyers later!" Wu Guangyao said, since it is a new management system, it must be completed under the witness of lawyers, so that it can be considered as real insurance.
Next, Wu Guangyao announced that he would invest an additional US$80 million for a new round of expansion;
Invest in five five-star Ritz-Carlton hotels in New York, Washington, Los Angeles, London, and Paris, France;
and the establishment of new subsidiaries to operate resort hotels, and invest in three resort hotels in Las Vegas, Los Angeles, and Rome, Italy.
A total of eight high-end hotels, the actual investment is at least 150 million US dollars, because Wu Guangyao is very demanding and loves luxury hotels very much.
While Wu Guangyao invested 80 million US dollars, he naturally hopes that the rest will be loaned, and I believe that some banks are willing to lend.
Everyone in the conference room heard that Wu Guangyao directly took out 80 million US dollars, and their breathing felt short!
This boss is too rich!
After spending half a month in the United States, Wu Guangyao finally handled the affairs of the Star Hotel Group properly, so he didn’t need to worry about it in a short time.
Why Wu Guangyao is keen to invest in hotels, he naturally values hotel investment as well as property investment, which is a steady profit without loss;
Moreover, the tourism industry has only begun to develop in this era, and it is impossible for the hotel industry to be sluggish in later generations.
(End of this chapter)
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Chapter 355 [A new round of hotel expansion] (seeking a monthly pass!)
said that after Lenovo Electric announced the start of the sale of color TVs with Trinitron technology, it was quickly recognized and sought after by the market;
is not only equivalent to giving the U.S. TV industry a head start, it is also a lethal power to Dongying's electrical appliances business.
Since the TV war broke out in March, in just four months, some small and medium-sized manufacturers in the United States have been dying, and bankruptcy is just this year;
The Trinitron technology color TV used by Lenovo has accelerated the time for these American manufacturers to close down.
Similarly, Lenovo's Trinitron color TV is also a blow to the other six major electrical appliance manufacturers in Dongying.
"It's a good strategy to kill two birds with one stone! First, cooperate with Dongying Electric Appliances manufacturer to conduct a price war against American TV manufacturers, and then use the Trinitron technology developed by itself to suppress Dongying's six major electric appliance manufacturers." The retired Matsushita Shinnosuke exclaimed. .
Matsushita Shinnosuke’s son-in-law Masaharu Matsushita looked serious at this time. He never expected that he would be hit like this when he first came to power;
Panasonic is the leading manufacturer of TV sets by Dongying. This move by Lenovo is undoubtedly a big impact on Panasonic.
Matsushita Masaharu has seen Trinitron color TV, its color and clarity are indeed much better than Motorola's color TV!
"What are you going to do?" Matsushita Shinnosuke looked at his son-in-law and put it to the test.
"There is very little that can be done. Lenovo's Trinitron technology has registered patents in the United States and Japan, and it is difficult for us to imitate it; only the six major electrical appliance manufacturers have put pressure on Lenovo to require everyone to use Trinitron technology for a fee! "Matsushita Masaharu said.
Matsushita Shinnosuke pondered for a while before he said: "Lenovo Electric is a joint venture and is very dependent on the Dongying market, so it must not dare to offend the Dongying government; you will contact other people first, and this request will be made on the tenth; if not, let Dongying The government intervened to put pressure on Lenovo. In short, Trinitron technology must be applied to our TV sets."
Although the TV is only a product of major electrical appliance manufacturers, it is indeed a very important product and should not be missed!
Therefore, Lenovo Electric is bound to be pressured by major electrical appliance manufacturers, and even interfered by the Dongying government.
This, Wu Guangyao had long expected!
On August 10, Tokyo Palace Hotel.
Akio Morita, the representative of Lenovo, was forced by the six major electrical appliance companies.
"Everyone, don’t want to threaten our Lenovo with exiting the'TV War'. At this time, you have no way out; whoever exits the'TV War' will lose the TV market for any company, and Lenovo's Fill this gap, if you don’t believe me, try it!"
Although Akio Morita is the youngest among these people, he is not stage fright at all;
At this time, Akio Morita has received instructions from Wu Guangyao, or Lenovo’s bottom line;
That is to drag first, if the official forces of Dongying intervene in the later period, the bottom line of Lenovo Electric will be exposed;
That is to provide Trinitron picture tubes to the major electrical manufacturers in Dongying, and the profit must be more than 10%.
Hearing Morita Akio's words, everyone couldn't help being silent. Just as Morita Akio said, if anyone quit the'TV War' now, wouldn't it be the same end as the American TV manufacturer!
Actually, everyone think about it carefully. Instead, it’s your own company that produces advanced products, and it is impossible to share it with other manufacturers;
Everyone just sees that the boss of Lenovo is from Huaxia, so I feel that applying pressure can get what you want!
Changed to other six electrical appliance manufacturers, no one hired!
"Everyone, our Trinitron color TV is priced at US$500 in the United States and US$750 in Dongying. It leaves you with a lot of room for survival, so I believe that the Trinitron color TV will not have a great impact on you. This is not the time for internal fighting. Our enemy is still the American TV manufacturer." Akio Morita decided to ease the relationship between everyone.
This ‘ten-day meeting’ on August 10th, everyone was a little bit unhappy.
New York, Starlight Hotel Management Headquarters.
Wu Guangyao is reviewing the information of Xingyao Hotel Management Company and intends to increase investment;
The cash flow on hand has reached 210 million US dollars. If you do not make a large investment, it is equivalent to the devaluation of this money.
Wu Guangyao’s cash income last year has been as high as 48 million US dollars, of which the zipper industry contributed 30 million US dollars to Wu Guangyao, 12 million US dollars for the beach, Lao Fengxiang jewelry contributed 3 million US dollars, and Baiyou Group could contribute 3 million US dollars;
Although there has been a lot of investment in these years, the money has been saved very quickly!
Today's Xingyao Hotel Group is as follows:
Three five-star hotels that have been in operation, namely the Ritz-Carlton Hotel in Boston, the Ritz-Carlton Hotel on Hong Kong Island, and the Shangri-La Hotel on Hong Kong Island;
Two five-star hotels are under construction, namely, the Ritz-Carlton, Ginza, Tokyo and the Ritz-Carlton, Osaka;
For mid-range hotels, Xingyao Hotel Management Company currently focuses on franchising holiday hotels, with a total of 16 mid-range holiday hotels, all located in the United States.
Xingyao Hotel Management's annual turnover in 1961 was 8.12 million US dollars and net profit was 2.85 million US dollars;
Xingyao Hotel Management Group has 2,208 employees, of which American employees account for 65%.
The next day, the middle and senior management of Star Hotel Management Company were all gathered in the conference room of the headquarters in New York, USA.
"For the convenience of management, I decided to implement a chief system in the Star Hotel Management Group; CEO Charles, Chief Financial Officer George, and Chief Operating Officer Louise. What are the specific tasks of the three chiefs." Wu Guangyao explained. .
In the new chief management system, the power of the CEO has reached about 40% to 60% of the power of the chairman;
Of course, he is still under the management of Wu Guangyao, the chairman, and Wu Guangyao can change the CEO and other chiefs at any time as long as he has absolute equity.
The reason for this operation, Wu Guangyao also intends to delegate power to his subordinates;
Because Wu Guangyao’s shares are there, I don’t worry about someone raising himself at all;
Xingyao Hotel Management's shares, Wu Guangyao occupies 99% of the shares, and no one can shake his position at all.
Everyone heard Wu Guangyao’s chief management system, and their eyes were bright;
Although everyone knows that Wu Guangyao has done a lot of general leadership for Xingyao, he rarely participates in specific affairs. The implementation of such a system is naturally beneficial to the operation of the company.
"Since everyone has no opinion, let's improve this management system under the witness of lawyers later!" Wu Guangyao said, since it is a new management system, it must be completed under the witness of lawyers, so that it can be considered as real insurance.
Next, Wu Guangyao announced that he would invest an additional US$80 million for a new round of expansion;
Invest in five five-star Ritz-Carlton hotels in New York, Washington, Los Angeles, London, and Paris, France;
and the establishment of new subsidiaries to operate resort hotels, and invest in three resort hotels in Las Vegas, Los Angeles, and Rome, Italy.
A total of eight high-end hotels, the actual investment is at least 150 million US dollars, because Wu Guangyao is very demanding and loves luxury hotels very much.
While Wu Guangyao invested 80 million US dollars, he naturally hopes that the rest will be loaned, and I believe that some banks are willing to lend.
Everyone in the conference room heard that Wu Guangyao directly took out 80 million US dollars, and their breathing felt short!
This boss is too rich!
After spending half a month in the United States, Wu Guangyao finally handled the affairs of the Star Hotel Group properly, so he didn’t need to worry about it in a short time.
Why Wu Guangyao is keen to invest in hotels, he naturally values hotel investment as well as property investment, which is a steady profit without loss;
Moreover, the tourism industry has only begun to develop in this era, and it is impossible for the hotel industry to be sluggish in later generations.
(End of this chapter)
Chapter 355 A new round of hotel expansion seeking a monthly pass!said that after Lenovo Electric announced the start of the sale of color TVs with Trinitron technology, it was quickly recognized and sought after by the market;is not only equivalent to giving the U.S. TV industry a head start, it is also a lethal power to Dongying's electrical appliances business.Since the TV war broke out in March, in just four months, some small and medium-sized manufacturers in the United States have been dying, and bankruptcy is just this year;The Trinitron technology color TV used by Lenovo has accelerated the time for these American manufacturers to close down.Similarly, Lenovo's Trinitron color TV is also a blow to the other six major electrical appliance manufacturers in Dongying."It's a good strategy to kill two birds with one stone! First, cooperate with Dongying Electric Appliances manufacturer to conduct a price war against American TV manufacturers, and then use the Trinitron technology developed by itself to suppress Dongying's six major electric appliance manufacturers." The retired Matsushita Shinnosuke exclaimed. .Matsushita Shinnosuke's son-in-law Masaharu Matsushita looked serious at this time. He never expected that he would be hit like this when he first came to power;Panasonic is the leading manufacturer of TV sets by Dongying. This move by Lenovo is undoubtedly a big impact on Panasonic.Matsushita Masaharu has seen Trinitron color TV, its color and clarity are indeed much better than Motorola's color TV!"What are you going to do?" Matsushita Shinnosuke looked at his son-in-law and put it to the test."There is very little that can be done. Lenovo's Trinitron technology has registered patents in the United States and Japan, and it is difficult for us to imitate it; only the six major electrical appliance manufacturers have put pressure on Lenovo to require everyone to use Trinitron technology for a fee! "Matsushita Masaharu said.Matsushita Shinnosuke pondered for a while before he said: "Lenovo Electric is a joint venture and is very dependent on the Dongying market, so it must not dare to offend the Dongying government; you will contact other people first, and this request will be made on the tenth; if not, let Dongying The government intervened to put pressure on Lenovo. In short, Trinitron technology must be applied to our TV sets."Although the TV is only a product of major electrical appliance manufacturers, it is indeed a very important product and should not be missed!Therefore, Lenovo Electric is bound to be pressured by major electrical appliance manufacturers, and even interfered by the Dongying government.This, Wu Guangyao had long expected!On August 10, Tokyo Palace Hotel.Akio Morita, the representative of Lenovo, was forced by the six major electrical appliance companies."Everyone, don't want to threaten our Lenovo with exiting the'TV War'. At this time, you have no way out; whoever exits the'TV War' will lose the TV market for any company, and Lenovo's Fill this gap, if you don't believe me, try it!"Although Akio Morita is the youngest among these people, he is not stage fright at all;At this time, Akio Morita has received instructions from Wu Guangyao, or Lenovo's bottom line;That is to drag first, if the official forces of Dongying intervene in the later period, the bottom line of Lenovo Electric will be exposed;That is to provide Trinitron picture tubes to the major electrical manufacturers in Dongying, and the profit must be more than 10%.Hearing Morita Akio's words, everyone couldn't help being silent. Just as Morita Akio said, if anyone quit the'TV War' now, wouldn't it be the same end as the American TV manufacturer!Actually, everyone think about it carefully. Instead, it's your own company that produces advanced products, and it is impossible to share it with other manufacturers;Everyone just sees that the boss of Lenovo is from Huaxia, so I feel that applying pressure can get what you want!Changed to other six electrical appliance manufacturers, no one hired!"Everyone, our Trinitron color TV is priced at US$500 in the United States and US$750 in Dongying. It leaves you with a lot of room for survival, so I believe that the Trinitron color TV will not have a great impact on you. This is not the time for internal fighting. Our enemy is still the American TV manufacturer." Akio Morita decided to ease the relationship between everyone.This ten-day meeting' on August 10th, everyone was a little bit unhappy.New York, Starlight Hotel Management Headquarters.Wu Guangyao is reviewing the information of Xingyao Hotel Management Company and intends to increase investment;The cash flow on hand has reached 210 million US dollars. If you do not make a large investment, it is equivalent to the devaluation of this money.Wu Guangyao's cash income last year has been as high as 48 million US dollars, of which the zipper industry contributed 30 million US dollars to Wu Guangyao, 12 million US dollars for the beach, Lao Fengxiang jewelry contributed 3 million US dollars, and Baiyou Group could contribute 3 million US dollars;Although there has been a lot of investment in these years, the money has been saved very quickly!Today's Xingyao Hotel Group is as follows:Three five-star hotels that have been in operation, namely the Ritz-Carlton Hotel in Boston, the Ritz-Carlton Hotel on Hong Kong Island, and the Shangri-La Hotel on Hong Kong Island;Two five-star hotels are under construction, namely, the Ritz-Carlton, Ginza, Tokyo and the Ritz-Carlton, Osaka;For mid-range hotels, Xingyao Hotel Management Company currently focuses on franchising holiday hotels, with a total of 16 mid-range holiday hotels, all located in the United States.Xingyao Hotel Management's annual turnover in 1961 was 8.12 million US dollars and net profit was 2.85 million US dollars;Xingyao Hotel Management Group has 2,208 employees, of which American employees account for 65%.The next day, the middle and senior management of Star Hotel Management Company were all gathered in the conference room of the headquarters in New York, USA."For the convenience of management, I decided to implement a chief system in the Star Hotel Management Group; CEO Charles, Chief Financial Officer George, and Chief Operating Officer Louise. What are the specific tasks of the three chiefs." Wu Guangyao explained. .In the new chief management system, the power of the CEO has reached about 40% to 60% of the power of the chairman;Of course, he is still under the management of Wu Guangyao, the chairman, and Wu Guangyao can change the CEO and other chiefs at any time as long as he has absolute equity.The reason for this operation, Wu Guangyao also intends to delegate power to his subordinates;Because Wu Guangyao's shares are there, I don't worry about someone raising himself at all;Xingyao Hotel Management's shares, Wu Guangyao occupies 99% of the shares, and no one can shake his position at all.Everyone heard Wu Guangyao's chief management system, and their eyes were bright;Although everyone knows that Wu Guangyao has done a lot of general leadership for Xingyao, he rarely participates in specific affairs. The implementation of such a system is naturally beneficial to the operation of the company."Since everyone has no opinion, let's improve this management system under the witness of lawyers later!" Wu Guangyao said, since it is a new management system, it must be completed under the witness of lawyers, so that it can be considered as real insurance.Next, Wu Guangyao announced that he would invest an additional US$80 million for a new round of expansion;Invest in five five-star Ritz-Carlton hotels in New York, Washington, Los Angeles, London, and Paris, France;and the establishment of new subsidiaries to operate resort hotels, and invest in three resort hotels in Las Vegas, Los Angeles, and Rome, Italy.A total of eight high-end hotels, the actual investment is at least 150 million US dollars, because Wu Guangyao is very demanding and loves luxury hotels very much.While Wu Guangyao invested 80 million US dollars, he naturally hopes that the rest will be loaned, and I believe that some banks are willing to lend.Everyone in the conference room heard that Wu Guangyao directly took out 80 million US dollars, and their breathing felt short!This boss is too rich!After spending half a month in the United States, Wu Guangyao finally handled the affairs of the Star Hotel Group properly, so he didn't need to worry about it in a short time.Why Wu Guangyao is keen to invest in hotels, he naturally values hotel investment as well as property investment, which is a steady profit without loss;Moreover, the tourism industry has only begun to develop in this era, and it is impossible for the hotel industry to be sluggish in later generations.End of this chapter
