Beijing Escorts: Hitting a high note
Zhou is not alone. The KTV competition in Beijing is hotter than her favorite artist, Jolin Tsai, between the three major KTV companies – Party World, Melody and Party Life – and thousands of smaller independent clubs in Beijing fighting to attract more wannabe Tsais and Andy Laus.
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“Two years ago, we spent about 100 million yuan ($14.65 million) on opening the Huixin store, with the fees covering the rent and decorations, and now, we are seeing some profits,” said Yu, who added that all the four Party World branches in Beijing are currently in the black.
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Qu added that the KTV industry has entered a mature stage, and predicted the chain KTVs will continue to expand while smaller ones will be under more pressure as the government tightens its supervision of copyright royalties, health and safety standards and criminal activities such as prostitution.
See the full article from “Alibaba News Channel”
