Chengdu restaurant closes after overwhelming demand for loyalty deal

A Chinese all-you-can-eat restaurant in Chengdu has closed after just two weeks due to overwhelming customer demand. The restaurant offered a $25 loyalty card for unlimited food, attracting over 500 diners daily and leading to significant debt. The owners reported losses exceeding $100,000 as customers shared loyalty cards with friends and family. They acknowledged their business skills were lacking and cited poor management as the main issue behind the closure. Chengdu, with a population of over 20 million, has around 20,000 hot pot restaurants. The closure has sparked discussions on social media, with many criticizing the owners' decision to offer such a generous deal.