Is it better to stay in a hotel or a homestay?

Traveling and staying in a hotel are good.

Hotels (also known as hotels, hotels, inns, guest houses, business trips, inns, hotels in China, and hotels in Malaysia and Singapore) are basically defined as business organizations that provide safe and comfortable spaces for users to have a short rest or sleep.

With the increasingly fierce competition in the hotel industry, mergers, acquisitions, integration and capital operation among large hotel enterprises are becoming more and more frequent, and domestic excellent hotel enterprises pay more and more attention to the research of the industry market, especially the in-depth study of the development environment of enterprises and the changes of customer demand trends. Because of this, a large number of excellent domestic hotel brands have risen rapidly and gradually become the best in the hotel industry.

future trend

1. The hotel's reservation technology, service technology and product design technology are relatively backward, which makes the competition in the industry only focus on capital scale, related business and profit delivery for a long time.

2. The hotel industry as a whole is in a state of oversupply, so it is unlikely to increase foreign investment. However, the speed of overseas hotel management companies entering the domestic market will be accelerated, and the main ways to enter this field are ownership acquisition, capital management, contract management and franchising. Competition will intensify. Large state-owned hotel groups have great opportunities to seek foreign mergers and acquisitions.