Traditional Culture Encyclopedia - Hotel accommodation - Can a hotel holding 60% reduce the room rate?
Can a hotel holding 60% reduce the room rate?
The shareholders of the hotel enjoy the net profit of operating the hotel in proportion to their capital contribution, and the room rate is normal hotel income, which is not directly related to the shareholders. Therefore, shareholders holding 60% of the shares still need to pay the room rate normally like other customers, unless otherwise agreed by the shareholders and the hotel.
Hotels generally belong to downstream entities of enterprises, and shareholders usually have no right to operate, but only participate in investment decisions. The personal property of shareholders is independent of the property of the enterprise to which the hotel belongs, and is usually unrelated.
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