In fact, the richest man Bao originally planned to build 100 five-star hotels, but he just didn't want to scare Michael Kadoorie. After all, the other party has also been to mainland China many times, and of course he knows the living standards and economic conditions of the mainland people at this time. A five-star hotel is a luxury in any country in the world.
Based on the current economic index of mainland China, let alone building 50, it is estimated that 5 will be difficult. It is very easy to build, as long as you invest money. But if you want to make a hotel profitable, you need consumption to support it.
In the future, Heiyun Group can only adopt a holding model, which means that no one will own shares except for the descendants of Bao Zixuan. So what if there are so many outstanding employees in Heiyun; owning shares in Hutchison Whampoa is a good choice.
But if you want Hutchison Whampoa's shares to be valuable, you must show performance that convinces the market. The future development of mainland China, Bao's richest man can be said to be clear. In each municipality, provincial capital, center and key city, it becomes necessary to build a Hutchison Square.
Fortunately, I have seen some big markets, and I am also a super tycoon. Michael Kadoorie quickly reacted and said very seriously: "Bao Sheng, although it's a little rude, but are you serious!"
At present, there are not many 5-star hotels in the Michael Kadoorie family. It must be known that their family has been in business for nearly a hundred years. Is it really because the courage and courage are not enough that the family development is not fast enough.
Bao Zixuan said very seriously: "We are talking about business and cooperation now; of course we are very serious. You know my temper, I rarely joke, let alone make such jokes.
Hearing the other party's answer so affirmatively, Michael Kadoorie's mind was short-circuited. The development of China mainland is very fast, but only a few cities are not bad. In many places, let alone ten years or even twenty years, they have not been able to support the spending power of their five-star hotels. Huo Yingdong is already very ambitious to build a five-star hotel in Yangcheng; I didn't expect the richest man to be more ruthless, and he would directly launch 50.
In fact, this cannot be blamed on Michael Kadoorie. After all, there is only one five-star hotel in mainland China, and that is the White Swan of the Sheep Farm, and the others are still being planned. I don't even dare to design, and I am worried that the investment will be wasted. After all, except for the richest man, no one can see the future. Of course, they don't know what kind of miracles the future development of China mainland will create.
In the previous life, there were only three five-star hotels in the entire Chinese mainland until 90 years ago; therefore, Bao Zixuan's plan cannot be described as grand. As a hotel professional, Michael Kadoorie is still very familiar with hotel planning around the world, and at the same time, he does not know where to build a five-star hotel; but he also knows a general idea.
Michael Kadoorie: "Baosheng, this plan is really crazy. The funds needed for 50 five-star hotels are huge. If something goes wrong, the entire Kadoorie family may cease to exist. So can you join me? Explain in detail, otherwise it will be really difficult to convince yourself and your family!"
Bao Zixuan knew that he took it for granted. After all, from the perspective of the rich in Hong Kong, especially foreign rich, in this era, there is a feeling of poverty and backwardness in mainland China. For the super luxury of a five-star hotel, few people dare to try it.
In fact, the richest man Bao didn't want to launch such a big project so soon, many things need a process. But now the folk customs are simple, and there will be no contradictions in the demolition work. In the 21st century, people's ideas have increased; it will definitely be very difficult to plan Hutchison Whampoa Square in the city center!
And the cost of modern land acquisition is almost negligible, at most some construction costs. The Hong Kong banking crisis is definitely a good opportunity. When the matter is over, the deposits of Heiyun Bank will inevitably increase.
Moreover, it is invested in the name of Hutchison Whampoa, and the employees of Heiyun are not bad money owners. If they are allowed to invest in Heiyun Group without giving the company shares, then it is no different from prostitution. However, if Hutchison Whampoa invests in its name, there will be no problem. Although he makes a lot of money, Li Chaoren will also benefit from it.
But what about that, if Li Chaoren wants to keep his shares, he must take out the money. In this way, the plate can be made larger, and the benefits will inevitably increase in the future. If the other party is unwilling to continue to invest, they can completely dilute the shares according to the investment scale. Without money, no one will take you to play.
Michael Kadoorie mentions the family, which seems to be beyond the scope of his authority.
Although his father Lawrence Kadoorie is nearly 90 years old, he is still alive after all. And the old man is still very energetic. It is said that he was able to work before his death in 1993, and he was not confused at all. Although the management of the company has been handed over to the son, but such a large-scale investment, it is necessary to seek the opinion of the old man.
One bad move would bring the entire Kadoorie family into the abyss, and Michael Kadoorie would not dare to make his own decisions. The investment scale was not large before, and the goodwill of the richest man was very good. In addition, even if it loses money, it doesn't matter much, the Kadoorie family can still bear it. But this time there are 50 five-star hotels. Even though the labor on Huaxia Road is cheap, the material cost is not low.
For five-star hotels, many materials in mainland China cannot be produced at present, and must be transported from abroad. Tariffs and shipping costs alone are a lot of money.
Bao Zixuan: "I don't know if Mi Gao has heard of the concept of CBD."
Central business district; referred to as cbd. Refers to the area in a country or city where major business activities are conducted. Its concept was first produced in the United States in 1923, when it was defined as a "commercial meeting place". Subsequently, the content of CBD has been continuously developed and enriched, and it has become the economic development center of a city, a region and even a country.
Generally speaking, CBD is located in the center of the city, which highly concentrates the economic, technological and cultural strength of the city. As the core of the city, it should have various functions such as finance, trade, service, exhibition, consultation, etc. communication conditions.
For a Jew, and a Jew who runs a hotel, of course knows cbd. Could it be that Bao Zixuan wants to build cbd in 50 big cities in mainland China, the amount of funds needed is astronomical, it is simply unimaginable.
Michael Kadoorie: "Bao Sheng wants to build a central business district in 50 cities in China, which is an astronomical sum. And with the current economic development in mainland China, except for Kyoto and Shanghai, there seems to be no such city. It has the strength to build a central business district. Even the two cities with the largest economic volume in mainland China are very reluctant.”
"If the CBD was built in these two places in the past, the Kadoorie family can still consider it, other places are too risky."
If Bao Zixuan now announces the construction of 50 central business districts in mainland China, it is estimated that everyone will think that he is crazy, or that he has money and nowhere to spend.
However, the development speed of the Chinese mainland can actually be imagined by ordinary people.
Bao Zixuan: "I have this plan, and I'm ready to implement it. If the Kadoorie family doesn't want to take too much risk, then the funds for building the hotel can be provided by Hutchison Whampoa, and then the Peninsula Hotel feels suitable and can be purchased. Or contract management. But at that time, we had to compete with other hotels. After all, we are all businessmen, friendship is friendship, and profit maximization is the foundation of survival.”
This kid has never made a mistake in his investment. He just invested in a hotel, and other supporting facilities need to be provided by Hutchison Whampoa. The richest man in the package is the most invested, and the investment scale of the Kadoorie family is not as large as imagined. And not all hotels are built all at once.
People can think of you, but it is an opportunity. If you refuse this time, nothing good will come to you next time.
Michael Kadoorie said very firmly: "You dare to invest, and of course I dare to do it. What's the use of putting money in the bank. In the early stage, I will build two in Shanghai and Kyoto. How do you feel?"
"I'll raise funds now, and I promise it won't embarrass you."
Unexpectedly, the old boy is quite happy, and the Jewish business is really commendable.
Bao Zixuan said with a smile, "You will never regret your choice today. Investments in the future will definitely bring high returns."
So the two settled the matter in this way, UU reading Hutchison Whampoa's plaza in mainland China; hotels are all invested by the Kadoorie family.
Decades later, the number of five-star hotels owned by the Kadoorie family in mainland China has exceeded 100; the annual revenue has reached nearly 10 billion US dollars, but it is definitely a cash giant.
The waiter who made tea for the two tycoons later wrote a novel about the meeting between the two at this time. Although I couldn't understand what the two were talking about, it was not difficult to see from the boss's expression that the richest man Bao was very shocked. An unusually grand plan, the boss who is used to seeing big scenes is a little overwhelmed.
I don't know if it's because of trust or because of the businessman's keen sense of smell. Mr. Kadoorie agreed to the Bao Zixuan plan and decided to join. I didn't know until a few months later; it turned out that the two of them were negotiating the Hutchison Plaza and the supporting hotel project.
When the economy of mainland China was not very ideal, Bao's richest man dared to invest so much. It can only be said that we can know the things of tomorrow at most, but he can see through the development of the next few decades, which may be the gap between people.
The sales of the new book were very good, and even the richest man Bao and Michael Kadoorie bought a copy each, which is a kind of memory and commemoration.