Becoming a Russian Oligarch After Rebirth
Chapter 160 Entering Xiao Ying_1

Chapter 160: Chapter 160 Entering Xiao Ying_1

In the end, Angelina chose a white Porsche 911, which cost almost $160,000.

She’d paid a deposit of $20,000 and would pick up the car in three days.

After buying the car, Wang Ye dropped Angelina off at work at the New Sun Management office and went to chat with Big Head Kong.

It must be said, Big Head Kong’s work ethic was a lot stronger than Wang Ye’s...

Basically, he was always the first to arrive and the last to leave every day!

Whereas Wang Ye often dropped by for a while and left soon after.

But Big Head Kong didn’t complain, it was just that Wang Ye was luckier - after all, he was now considered to be "nephew" to Mr. Mikhail Khodorkovsky...

Even if New Sun Market didn’t do well, Wang Ye might still have a chance to "inherit" the Yukos Group!

But that wasn’t an option for him. If the New Sun Market failed, he would face ruin. So obviously, he was doing his best.

"So, how many of the shops have been rented out?" Wang Ye asked.

"Almost two thousand, with the current rate, I guess by the day after tomorrow, all the shops will be rented out," Big Head Kong happily replied.

It seemed that the free policy and various guarantees offered by the New Sun Market were very attractive.

Most of the merchants directly rented two shops, even if they had to pay a lot of deposit, they didn’t care.

In addition, Xiao Hu contacted the Hu Jian Shoe Industry Association on their behalf, which sent representatives to inspect the market.

As expected, they were very satisfied and directly signed an agreement reserving one hundred and fifty shops. Many manufacturers had already started shipping goods and were sending staff over.

All in all, the 90% occupancy rate set by the headquarters should be no problem at all!

.........

Time flew by, and in the blink of an eye, it was three days later.

Anton was back. He had managed everything at home, and his father was in a private hospital. The operation went well.

He only needed to recuperate at home, so Anton was relieved and returned to work.

As for Wang Ye, Anton was naturally very grateful. Without the $10,000 Wang Ye had loaned him, who knew what would have happened.

On the other hand, the transfer procedures for the Xiao Ying Hotel were completed, and Wang Ye could formally take it over...

......

On the morning of May 12th, Wang Ye, accompanied by Kaja, Anton and others, as well as Mikhail’s assistant arrived at the Xiao Ying Hotel.

The hotel’s general manager and several senior executives had been waiting at the entrance. They had received the news that the hotel had changed "owners".

The Xiao Ying Hotel is not small. The main building is in a common European style and looks relatively new, as it had been open for less than ten years.

It only has twenty-one floors, not very high, but each floor is not small at all.

In particular, the ground floors, totaling about 7,000 to 8,000 square meters.

Starting from the fourth floor, each floor occupied about 5,000 square meters.

The ground floors were all hotel’s facilities, including slot machine hall, bowling alley, bar restaurant, swimming pool, fitness room etc., everything one could wish for!

"Mr. Mikhail, this is the hotel’s general manager, Yuri. Yuri, this is the new owner of Xiao Ying Hotel, Mr. Mikhail!" Mikhail’s assistant introduced.

Yuri, the general manager, was probably in his early fifties. He was neatly dressed. He looked like a conscientious person with his small mustache neatly trimmed.

Yuri took two steps forward, extended both hands, and said with a smiling face: "Welcome, Mr. Mikhail. We’ve been looking forward to Mr. Mikhail’s visit. We hope that the hotel grows better with your support."

Yuri was actually very nervous in his heart.

"With a new emperor, there are new officials," a saying that applied all around the world.

Now that the hotel has a new boss, can he still stay as a manager?

Who could tell...

Obviously, Yuri didn’t want to lose this decent job.

It was not easy to live in Moscow these days, the economy was sluggish, all types of jobs were generally low-paying.

The position he held gave him a $5,000-a-month salary, which was considered high in Moscow. It was a gold collar job!

Because of his job, his family led a fairly decent life.

But if he lost this job, it would be very hard to find another high-paying one!

Wang Ye stretched out his right hand, shook Yuri’s hand and smiled: "I had visited a few times before, the hotel is well-managed and has quite a reputation, it gets a lot of foreign students and tourists."

Indeed, most of the faces in this hotel were Asian.

Especially people from China, Japan, and Korea.

Although Moscow is an international metropolis, there are not many places someone could go at night.

Local bars were typically quite messy, a place that foreign people generally wouldn’t visit.

While at the Xiao Ying Hotel, fun and entertainment were abundant, plus its location in the wealthy area, near Moscow University, Friendship University, and several Japanese and Korean companies, it gradually became a "headquarters" for students and businessmen from China, Japan, and Korea.

With Wang Ye’s praise, Yuri’s face blossomed into a smile.

The popularity at Xiao Ying Hotel was indeed very high. Compared to other hotels of similar level in Moscow, it was doing relatively well.

After a brief chat, Yuri introduced Wang Ye to several other senior hotel executives standing behind him. Wang Ye simply smiled and nodded as a sign of respect to them.

As for their names... he didn’t remember any of them...

----------

Under Yuri’s guidance, everyone entered the hotel lobby.

Yuri gave Wang Ye a brief overview of the hotel while they walked. When they arrived at the slot machine hall, Wang Ye became particularly interested.

He asked, "How much can this hall account for the hotel’s profit?"

The hall was not too big, probably around 700 to 800 square meters, with a few rows of slot machines, not many, less than a hundred in total.

But since it was morning, there weren’t many people. Places like this usually get lively at night.

Yuri immediately answered, "Probably about 6 percent, the return rate is relatively high compared to the floor area."

Since the return rate was high, someone might ask why not expand the hall’s scale. Wouldn’t it be better to make it a few thousand square meters or even bigger?

Of course, Wang Ye didn’t ask such a "foolish" question...

Because for this kind of project, you first need enough people to come play, right? It’s not the case that the more machines you have, the bigger the area, the more revenue you create.

Maybe these few dozens of machines were already sufficient for the people who come to Xiao Ying Hotel to use. Any expansion would be a waste...

So Wang Ye simply nodded his head, didn’t say anything, and continued to let Yuri take him to see the other parts of the hotel.