Chapter 522 - There was More to Boss Pei (1/2)

Chen Kangtuo hesitated. Anyone observant enough would be able to tell that this was not simply ‘a small gesture’.

If Thriller Hostel could become popular, all the peripheral businesses would earn a considerable profit as well.

At the moment, for most amusement parks in the country, developers of peripheral businesses and other profit-generating channels were only just picking up. Ticket sales still accounted for the majority of the profits earned.

However, famous international amusement parks were different. Judging from more mature models, entrance tickets, shopping, and ‘others’ each accounted for one-third of the income generated.

‘Others’ included income earned from food and beverages, accommodation, investment by other players in the tourism industry, sponsorship for tourist festivals, real estate development for the purposes of tourism, and the like.

Now, Boss Li and the other investors had decided to give Tengda half of the income they earned from the projects peripheral to Thriller Hostel. That would amount to quite a generous sum.

Seeing Chen Kangtuo’s hesitation, Li Shi smiled. “Brother Chen, don’t stand on ceremony with us.

“The Thriller Hostel was Boss Pei’s project to begin with. Given Tengda’s financial power, Boss Pei could have eaten up all the profits surrounding Thriller Hostel. Yet, he did not do so. Instead, he left such a generous share of the profits to us. He was generous to us first.

“Now, everyone’s interests are tied together. If one prospers, all will prosper. If one loses out, all will lose out. We shouldn’t be divided by opinions. The other investors and I only invested in this market to repay Boss Pei’s generosity

“Brother Chen, if you feel bad, just make sure you run Thriller Hostel well and make it popular. That would be good enough repayment to us.”

Chen Kangtuo considered this for a long time. He was put in a spot, seeing how resolute Boss Li was. Finally, he nodded and said, “Alright. I’ll thank you all on behalf of Boss Pei, then.”

Boss Li smiled. “I’ve already prepared the contract. Please take a look at it, Brother Chen. If there are no problems, quickly come up with a plan and get to work. Time waits for no one.”

After walking out of Chen Kangtuo’s office, Boss Li immediately felt light and refreshed. He was much more relaxed now!

Recently, Li Shi had been watching the renovation of the restaurant he was setting up near Thriller Hostel like a hawk. Although construction was going well, he could not relax.

The same feeling kept gnawing at him for a very long time. After thinking hard about his experience working with Boss Pei, Boss Li finally realized why he had been feeling so uneasy.

The investors and Boss Pei’s carts were not locked firmly enough together!

In other words, the investors still ran the risk of having their cart overturned.

Before this, they had invested in the Shared Top Student project. Boss Pei had first shaken their confidence to dissuade a group of investors from investing. Then, he had resorted to little tricks to eliminate all the shareholders so that he could hog the biggest share of profits.

After everything settled down, Li Shi had replayed what happened in his head. It was then that he had realized something: all of that could only happen because the investors had not followed Boss Pei closely enough.

Business was business. In terms of doing business, Boss Pei would always put Tengda’s interests first.

To Boss Li, Boss Pei had always had the same attitude towards all the investors: if you want to have a taste of the soup, just follow me. However, don’t even think about eating the meal. All the meat in the pot belonged to Tengda.

If they were to leave the table in the ascending order of who ate the most, Tengda would be the last to leave.

Thus, Boss Li figured that he had to tie his own profits tightly and closely to Boss Pei’s. Only then could he prevent himself from being shaken off for nothing!

Offering to give Tengda a share of the investors’ profits had been the result of him thinking hard. On the surface, he looked generous, but inside, he was being stingy.

Boss Li and the others were setting up restaurants and hotels. Those were the accompanying facilities around Thriller Hostel. Although the income generated would be less than the entrance tickets, it would still be considered stable.

Boss Pei was knowledgeable and far-sighted. He must have hoped to turn Thriller Hostel into a first-tier amusement park in the country —or even the world. That meant the income structure would be similar to first-tier amusement parks around the world: entrance tickets, shopping, and ‘others’ would each account for one-third of all income generated.

Of those shares, Tengda would keep all the income earned from the sale of entrance tickets. Income earned from ‘others’ would be split between Tengda and the investors. Only income earned from shopping remained unclear.

Once Thriller Hostel officially opened for business, there were two possible outcomes.

First, it could turn out like other amusement parks in the country and only earn money from the sale of entrance tickets, but not from anything else.

Second, it could earn a lot of money from entrance tickets and peripheral businesses alike.

If it were the former and the peripheral businesses were not making money, what would be the harm in splitting half the income with Tengda?

If it were the latter and everyone was earning profits, Tengda would be able to obtain real, tangible benefits from the surrounding businesses. Naturally, it would be motivated to run the amusement park well.

Thus, after some discussion, Boss Li and the other investors decided to split a share of their profits with Tengda. That would tie them tightly and closely with Boss Pei’s chariot of interest, so that all of them would rise or fall together.

With those additional interests, Boss Pei would spend more effort on the peripheral businesses, which would benefit the development of Thriller Hostel in return.

Until now, although all the investors absolutely trusted Boss Pei, they were still uncertain about whether Thriller Hostel would succeed or not.

That was why they had to pay extra attention to it and bet that Boss Pei’s business genius would cause another miracle to happen.