Why do so many hotels open during this Corona time?

Why do so many hotels open during this Corona time?

Do they just follow their schedules set long before , they think it’s just the right time ? because no new hotels can distribute profit immediately ,new hotel usually strives for 1 , 2 years or longer to reach financial balance ,at the same time , they need equally time to build teams, to keep their service and products improving to meet certain standard, if they expect the economic will restore within like 1year, they will take their chance , is this the reason ?

What are your thoughts on this?