{"id":136001,"date":"2025-09-07T02:00:12","date_gmt":"2025-09-07T02:00:12","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=136001"},"modified":"2025-09-07T02:00:12","modified_gmt":"2025-09-07T02:00:12","slug":"homestay-heartache-hits-china-as-operators-lament-lack-of-business","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=136001","title":{"rendered":"\u2018Homestay\u2019 heartache hits China as operators lament lack of business"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostAfter four years leasing out private holiday accommodation beside the sea in the west of Guangdong province, a downturn in demand has led Chen Mei to regret getting involved in the industry.<br \/>\n\u201cI thought domestic demand would rebound quickly after the [Covid-19] pandemic, but price wars have actually intensified across the industry, squeezing profits year by year,\u201d she said. \u201cI\u2019ve begun scaling back operations. If I could choose again, I wouldn\u2019t have invested in the industry.\u201d<br \/>\nChen\u2019s downbeat&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3324500\/homestay-heartache-hits-china-operators-lament-business-downturn?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostAfter four years leasing out private holiday accommodation beside the sea in the west of Guangdong province, a downturn in demand has led Chen&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/136001"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=136001"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/136001\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=136001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=136001"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=136001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}