Disadvantages of Luzhou Food Culture and Tourism Street There are three mainstream factions of cultural tourism real estate, namely theme entertainment type, cultural tourism town type, and attraction-based type. Theme entertainment type: Advantages: Popular with local governments, low land acquisition costs, market

The stable revenue from ticket sales and the rapid return on cash from supporting commercial and real estate projects make it easy to balance cash flow.

Disadvantages: Large one-time investment, long payback period, and weak local IP creation capabilities.

Cultural and tourism town type; advantages: cultural relics, distinctive folk customs and leisurely ancient town life can greatly add points to tourism development. Developers often do not need huge hardware investment, but more soft investment.

Disadvantages: serious product homogeneity and excessive commercial development.

Attraction-based; Advantages: Through the high-quality commercial and life supporting facilities provided by brand development companies around the attraction, it is easy to bring vitality and vitality to an attraction and surrounding underdeveloped areas.

Disadvantages: High risk, over-reliance on real estate sales.