Chapter 2255 - 2215: The Real Estate Industry

Ye Qiu didn’t bother with the missing child case.

As lunchtime approached, Ye Qiu intended to stay and have lunch with the Zhao Ruxue sisters, but unexpectedly, his phone rang. It was Xia Lan calling.

Ye Qiu always had a sense of sympathy for this woman, perhaps because her husband’s death was somewhat indirectly related to him.

"Xia Lan, it’s me."

"Ye Qiu, where are you? Tiantian has been running a fever for many days now. No matter how many doctors we see, it just won’t go away."

Running a fever for several days?

That’s quite serious.

"Which hospital are you in right now?"

"We’re at the People’s Hospital."

Ye Qiu informed Zhao Ruxue and then left the neighborhood, driving to the hospital Xia Lan mentioned.

Upon entering the hospital, he called Xia Lan again.

Soon, he saw Xia Lan, dressed in a skirt and jacket, coming downstairs. She looked tense and haggard.

"What’s the illness? Has the fever not subsided for days?"

"Just a few days ago, Tiantian started feeling unwell, so we came to the hospital for a checkup. The fever hasn’t subsided."

Ye Qiu and Xia Lan headed upstairs towards the wards.

They reached an internal medicine ward, populated by patients suffering from colds and fevers. Xia Tiantian was there receiving an IV drip.

When Ye Qiu arrived, Xia Tiantian could barely open her eyes to look at him because she felt terribly sleepy.

It wasn’t clear whether it was due to the illness or the medication.

Ye Qiu placed his hand on Xia Tiantian’s forehead; her temperature was at least around thirty-nine degrees Celsius.

Exceeding thirty-seven degrees Celsius is considered a fever, and being in a prolonged high fever state can easily cause harm.

"Ye Qiu, how is it?" Xia Lan asked anxiously.

"It’s okay, don’t worry. Go ahead and arrange her discharge paperwork."

Ye Qiu was already in the process of treating Xia Tiantian.

This could potentially be a mutated cold virus causing the prolonged high fever in Xia Tiantian’s body.

However, it wasn’t difficult for him to treat.

Indeed, before long, the nurse came again to take Xia Tiantian’s temperature, and it had already returned to thirty-six degrees Celsius.

This was considered a normal body temperature.

Since she no longer felt feverish, Xia Tiantian could be discharged from the hospital.

Xia Lan completed her discharge paperwork and planned to take Xia Tiantian home, arranging for the nanny to care for her. She should rest until tomorrow before returning to school.

However, now is a crucial time; next year she will be taking her high-school entrance exams.

Of course, Xia Tiantian is performing very well academically. With her own ability, she can undoubtedly get into a key high school.

After Tiantian returned home, Xia Lan wanted to go check on the company.

Ye Qiu hadn’t been to the Eiffel Hotel Chain Group headquarters in quite a while either.

Despite returning the shares to Xia Lan, Xia Lan always felt that a portion of the company still belonged to Ye Qiu.

She knew well that if it weren’t for Ye Qiu, she and her daughter would have been ousted from the hotel group.

The two drove separately to the Eiffel Hotel Chain Group, and upon reaching the company’s headquarters, the secretary was handling affairs these days.

Upon entering the office, when the secretary saw Chairwoman Xia, she knew the young lady was okay.

Upon seeing Ye Qiu, this female secretary knew very well that this young man was not simple.

As Ye Qiu sat down, Xia Lan asked the female secretary to show Ye Qiu the company’s semi-annual financial report.

Although Eiffel Hotel Chain was not a listed company and didn’t need to disclose these financial statements, it was because there were still shares involved.

Additionally, there were other shareholders, including the hotel management at medium to high levels, who would also receive dividends.

Ye Qiu took a look and found that financially, things were quite favorable.

Although competition in the hotel industry was fierce, with more and more chain hotels, including those coming from abroad, Eiffel Hotel Chain operates as a mid-to-high-end brand and its customer resources have always been stable, including those from tour groups.

From this perspective, Xia Lan’s capabilities are quite commendable.

Of course, often it isn’t necessary for her to personally intervene; as long as there’s no issue, the hotel business operates quite smoothly.

Now the company’s other executives suggest venturing into real estate, with the hotel managed by the company itself, reducing rent expenses accordingly.

However, the real estate business is no longer in its prime golden decade, and it requires an enormous amount of capital.

"Ye Qiu, this is an idea from other senior executives; they want to enter the real estate sector, venturing into both apartments and hotel industries. Apartments would be sold while hotel operations would be managed by us. What do you think?"

"Have you researched similar industries?"

Ye Qiu wouldn’t act impulsively, but when he does, he typically succeeds.

Ye Qiu knew about what the other party had mentioned, and currently, many real estate companies are doing well.

Of course, those giant real estate companies have annual sales in the billions, yet profitability is limited, although the industry has produced quite a few wealthy individuals.

Ye Qiu had never ventured into this sector, but he had involvement in other industries.

Life, death, health, clothing, food, shelter, education, and medical education almost monopolize a person’s entire life.

Therefore, as long as it concerns these aspects, people inevitably have to spend and consume.

Considering the company’s executives’ thoughts, Ye Qiu found both advantages and disadvantages.

"Detailed data is not yet available." Xia Lan said.

"Whenever pursuing something, one must have clarity on the market data, otherwise, investing recklessly could lead to troubles like a broken capital chain."

Ye Qiu still had billions in funds, and his other companies also generated significant income, though these were stable revenues.

"I’m also a bit worried; after all, investments in this area require substantial capital, like bidding on land parcels which could cost billions at a time."

Currently, Eiffel Hotel Chain Group yearly profits have just crossed the hundred-billion mark, which is far from enough to invest in this industry.

Unless a large sum is obtained from banks, which is how other major real estate companies developed.

"First, you need to thoroughly investigate market data; second, establish good contacts with relevant banks to confirm the annual credit limits."

"Ye Qiu, I understand your point." Xia Lan said.

After instructing the female secretary to take notes, she gestured for her to leave first.

The female secretary didn’t understand.

After the other party left the office, only Ye Qiu and Xia Lan remained inside.

"Ye Qiu, look at my hand." Xia Lan said, stretching out her hand.

Ye Qiu glanced and didn’t have to guess what was going on.

"Thirty like a wolf, forty like a tiger," especially for a widow with a daughter, her needs in this regard must be significant, and long-term lack of satisfaction surely affected her mental state.