National Day holiday，The Heping Fruit Bureau located on the second basement floor of Wangfujing Department Store in Beijing continues to limit the number of customers，Old Beijing 188bet app download Experience Center with an area of ​​more than 2,000 square meters，The average daily flow of people exceeds 15,000。The "Beijing Meng Hua Lu" sitcom created by the immersive experience theater organization Xi Jing Academy，Let visitors wear bunny ears，Pick up the money bag，Playing as Lord Rabbit，With actors from the game，Return to life in old Beijing，Very popular。

After the holidays，Peace Fruit Bureau will usher in a new round of 188bet app download transformation，More than ten time-honored Beijing catering brands are ready to enter the market。

Since the opening of Heping Fruit Bureau，Sudden increase in traffic in department stores，This century-old store is gradually becoming outdated，Because of this unique immersive 188bet app download experience center，Rejuvenated。Cai Qigen, Secretary of the Beijing Municipal Party Committee, visited here twice for inspection，Highly praise。

Chen Fangyong, Secretary General of China Urban Renewal Forum, led by Blackstone every year、Members of the board of directors composed of senior executives from major companies such as Vanke，Inspecting many commercial real estate projects。He said，Some time in the past，Continuously "planted" by the Peace Fruit Bureau on various occasions。Investment Circle、Real Estate Circle，188bet app download, business and travel circle，There is an endless stream of colleagues coming here for the fame，The fruit game is like Wen Heyou and Yongqingfang，has become the focus of the industry。

Not long ago，Public media reports，Zuoyu Commercial obtained the right to operate the Peace Fruit Bureau。And the immersive experience startup company “Drama Academy”，It is the content resources selected by Zuoyu Capital after many years of hard work in the 188bet app download, business and tourism investment industry。After seven years，Zuo Yu’s content resources in the field of culture, business and tourism，Start landing，And become its competitiveness in obtaining high-quality projects。

Coincidentally，Sun Wei, co-founder of Zuoyu 188bet app download, once created the “1192 Alley Old Shanghai Style Street”，was selected by social media platforms such as Dianping as the number one internet celebrity check-in destination in Shanghai during the National Day holiday。

After nearly two years of silence，Zuo Yu after the epidemic，Looking particularly active。This seems to be contrary to most 188bet app download institutions。Compared with the financial tsunami that swept the world in 2008，The 188bet app download community is more pessimistic than it was ten years ago，Tighten the battle lines one after another，Startup companies are in trouble。Zuo Yu bucked the trend。

"Currently，There are many 188bet app download, business and tourism projects that actively seek cooperation with Zuoyu，But we choose projects very carefully。"Founder of Zuo Yuwen Business and Travel Industry Investment Group (hereinafter referred to as Zuo Yu)&Chairman Hu Weidong said。On a lonely track，After working hard for so many years，He can already feel that the 188bet app download and business travel industry has finally ushered in a huge trend。

Demolition and construction model driven by real estate development，Retiring from the stage of history。Urban Update、New consumption and culture、188bet app download、The integration of tourism and other industries is becoming a trend in Beijing、Main development models of core cities such as Shanghai。

“Seven years ago，We say GP should be vertical，Focus on industry，Some people laugh at us for being stupid。Three years ago，We started to build an operation system，Some people laugh at us for being stupid。Three years，Countless attempts，Countless failures，Stand up countless times and come back from the beginning。Today，Our goal is to focus on the 188bet app download, business and tourism industry，To be the most professional stock real estate upgrade fund in China。" Hu Weidong wrote passionately in his circle of friends。

The past twenty 188bet app download，China’s urbanization process is mainly driven by the residential development model，Depend on high debt、High leverage financing platform，Developers pursue scale and rapid capital turnover。

Today，The country has long adhered to the principle of "housing is for living, not for speculation"，"De-debt"，Under the adjustment policy of “deleveraging”，Urbanization in China，Finally ushered 188bet app download era of inventory led by operations。

Post-epidemic era，“Internal circulation” will give birth to new business opportunities。This is the opportunity that Hu Weidong has always valued，But in the past seven years，Zuoyu is almost the only equity investment institution in China that focuses on investing in the 188bet app download, business and tourism industry。

End of 2014，Hu Weidong founded Zuoyu Capital。Previously，He has worked for Alibaba、PR Newswire and China Venture Capital，Has dual career background in industry and 188bet app download。

During investment period，Hu Weidong has successively facilitated many large-scale mergers and acquisitions of online travel platforms，Ctrip has acquired Tufeng.com and Century Mingde，And Qunar.com’s strategic investment in Chongqing 188bet app download Know-how。This is not a chance，And almost Hu Weidong through in-depth research on the online travel industry，Self-designed investment transactions。

“Tufeng.com had no plan to sell the company at that time，But，I judge that Ctrip will start from pure air tickets, hotel and 188bet app download travel 188bet app download，Entering vacation tourism，Especially for outbound travel。And Tufeng’s 188bet app download at the time，More local tourism products focusing on the North American market，There is huge 188bet app download synergy between the two parties。”

Investment experience accumulated in the early online travel industry，It is Zuo Yu who gradually formed the basis of his investment strategy: that is, blindly following the trend of most investment institutions，The era of investment-oriented investment based on special resources or opportunities，Take the lead in focusing on the trillion-dollar track of 188bet app download, business and tourism，And integrate industry chain resources across borders。

On the other hand，With the completion of the integration of online travel giants such as Ctrip and Qunar，The low frequency of travel has intensified the contradiction of high cost of online travel traffic，The possibility of greater investment opportunities in the downstream of the cultural, business and tourism industry is almost non-existent。In the past few years，A large number of equity investment institutions spend a lot of money on subsidizing users and purchasing traffic，Vacation travel and offline consumer products that consumers really care about，But basically there is not much improvement。Real estate developers use “188bet app download tourism” as a cover to acquire land，There are very few good cultural tourism products。State-owned enterprises sit on high-quality tourism resources passed down from their ancestors，Subject to the system，No motivation or ability to create good products。The trillion-level cultural, business and tourism industry opportunities，In urgent need of innovation and empowerment，It is the resources and products upstream of the industry chain。

But the trillion-dollar 188bet app download, business and travel market is a huge piece of cake，Where to start，It is indeed a huge problem，Not to mention，Domestic capital that dominates this field，More real estate capital and government capital，Capital institutions such as equity investment institutions, both in terms of capital volume and industrial empowerment capabilities，Both are lackluster。Black Stone，Institutions such as CapitaLand and CITIC Industrial Fund，There are only a handful of them in China。

Initially，Zuoyu Capital has tried to establish two major investment directions，The first is an industrial merger and acquisition fund with asset investment as its core，For example，Co-initiated the 2 billion ancient village protection and utilization industry fund with Zhejiang Tourism Group。On the other hand，Is an equity investment fund with Internet and 188bet app download, business and travel startup companies as its core。Invested successively including imperial chartered cars、Zhihui、Constellation goddess、Multiple 188bet app download tourism entrepreneurial projects including Fantasy Forest。

However，These ingredients only have "content"，This chef is not "operated"，No matter how good the asset is，No matter how high-quality content is, it cannot produce a good chemical reaction。While experiencing many failed attempts，Hu Weidong, the founder of Zuoyu, is firmly aware of the necessity of "operational capabilities" in investment in 188bet app download, business and tourism projects。

Main factors affecting the asset value of 188bet app download, business and tourism projects，It is its rent-based revenue per square meter and the cash flow created。And this is exactly what top investment institutions like Blackstone will spare a lot of money，Main reasons to pay attention to the operations team。

For this，Hu Weidong defies all opinions，Overcome many obstacles，Founded "Zuoyu 188bet app download"，And attracted former McDonald’s executives、Sun Wei, former president of Real Kung Fu, becomes a partner。In addition to being recognized as a top expert and opinion leader in the catering industry，Also served as an investment consultant in the catering sector for many industrial funds，And successfully built and operated the 1192 Lane Fengqing Street project，Shuiwenwen 188bet app download Travel Project。

Not long ago，Zuoyu 188bet app download’s official announcement，Former DNA Fund founding partner Zhang Zhaoyi joins，Served as managing partner and CEO of Zuoyu 188bet app download。

Zhang Zhaoyi has more than five years of experience in financial auditing，More than ten years of equity 188bet app download experience，While at Shanghai Guosheng Group，Specializing in private equity 188bet app download，Participated in the establishment of the first market-oriented PE equity 188bet app download fund within Shanghai’s state-owned assets system，And serves as the head of 188bet app download，Successively led the 188bet app download in M&G Rare Earth、Haobo Technology and other projects，Later joined Shibei High-tech Group as the head of the 188bet app download department，And participated in the 188bet app download and construction of Shibei e-center、Construction of key parks in the city such as Shanghai Big Data Trading Center。2017，Zhang Zhaoyi joins Caitong Securities，Leading the first batch of projects listed on the Science and Technology Innovation Board such as ArcSoft Technology。Period from 2015 to 2020，Serves as the managing partner of DNA Fund and concurrently serves as the chairman of the fund’s 188bet app download decision-making committee。

Zhang Zhaoyi’s rich experience in the field of equity investment，It helps Zuoyu Capital after accumulating profound 188bet app download, business and travel content and operational resources，Achieve better resource integration，Build a larger fund platform，And promote high-quality projects to be launched，Realized gains。

The "flywheel model" was first proposed by Amazon，means: the various 188bet app download modules of a company will organically promote each other，Like meshing gears。However, it takes a lot of effort to turn this gear set from stationary to rotating，But every lap’s efforts will not be in vain。Once a gear turns，The entire gear set will rotate rapidly。

Amazon’s three most important core 188bet app download segments: membership services、Third-party seller platform and cloud service，A mutually complementary system built with customer needs as the core，An ecosystem that promotes each other。Today，This model is recognized by the 188bet app download community as better than the traditional funnel model，has higher performance rating。

Some services that seem to have nothing to do with e-commerce 188bet app download，It will actually bring more consumption on the Amazon platform。For example，When Amazon’s own Manchester By the Sea wins an Oscar，Bezos made an internal joke: "This will make us sell more toilet paper and cat food。”

Bezos said in an interview，He divided companies 188bet app download world into two types: one is missionaries，The other type is Mercenaries。Profit-seeking companies convert sales、Profit and other indicators are listed as top priorities；Missionary companies believe in their products from the bottom of their hearts。Bezos thinks，Amazon is a missionary company，The line of defense they develop is to make consumers’ lives better。

Hu Weidong often said，The original intention of focusing on the 188bet app download, business and tourism track，He saw it，China has the largest market and the best tourism resources in the world，But everyone who has been abroad knows，The gap between us and developed countries in terms of products and operations。He has such feelings。

Zuoyu Capital focuses on 188bet app download, business and tourism project operations，On the one hand, build a 188bet app download, business and tourism industry fund platform，Investment in existing 188bet app download and business travel projects。On the other hand，Establish catering、Consumption、188bet app download and other equity funds，Investment content、Catering and new consumption items，Incubate potential 188bet app download, business and tourism startups，Creating a “Zuoyu System” content ecological matrix，We are creating a flywheel model for the 188bet app download, commercial and travel industry。

Post-epidemic era，Real estate 188bet app download driven development model，Terminated，A company with professional operation and capital operation capabilities，Only in order to obtain cooperation with the government and market，Complete revitalization、Work to upgrade existing assets，And get high returns。

In fact，Like a black stone、CapitaLand, Gaw Capital Partners and other large real estate funds that have always maintained their leading position，Both have strong operational capabilities，188bet app download is also the goal Zuo Yu has been following。

For example, CapitaLand’s industrial fund，Usually the duration is three to five years，Pioneer fund pursuing short-term returns，CapitaLand relies on industrial funds to complete heavy asset acquisitions，will rely on its professional operating capabilities to increase asset value，After the withdrawal of the industry fund，The operating fund established by him took over，This kind of fund generally has a duration of more than 5 years，And pursue long-term stable rate of return。Assets with stable returns，You can choose to exit 188bet app download REITS market。

According to Hu Weidong，Recent，Zuoyu 188bet app download, a characteristic town revitalization fund with a scale of US billion，And a time-honored brand rejuvenation fund that mainly invests in chain restaurants and food industrialization，All are close to landing。

On the other hand，Zuoyu Capital has locked in the landmark Suzhou Center in Suzhou，Preparing to build a "Remembering Gusu" 188bet app download experience center。From Lane 1192，Peace Fruit Bureau to Suzhou Center，Zuo Yu is building a unique 188bet app download and business tourism operation model。

oscillating in cycles、Public REITs are about to be widely trialled，Driven by the three major factors in increasing allocation by insurance and other institutions，During the epidemic、Double cycle，Under the tide of urban renewal，Seven years of hard work，Not good at following the trend、The Zuoyu of Speculation，Finally, the trend of 188bet app download and commercial tourism is here。

The real estate asset management trend is 188bet app download ascendant，Zuo Yu flywheel is accelerating。