Traditional Culture Encyclopedia - Hotel accommodation - Is M Hotel a star-rated hotel?

Is M Hotel a star-rated hotel?

M Hotel is a four-star hotel. Singapore? M Hotel is a four-star hotel located in Singapore. It takes 29 minutes to walk from Kela Wharf or 5 minutes to take a taxi, which is about 3.5 kilometers.

Hotels (also called hotels, hotels, inns, guest houses, business trips, inns, hotels, etc. in China. )

Generally speaking, it is a place for guests to stay and eat.

Specifically, a hotel is an organization that provides services to its guests through the sale of rooms, restaurants and comprehensive service facilities, taking its buildings as evidence, so as to obtain economic benefits.

The hotel mainly provides accommodation services, living services and facilities (bedtime services), catering, games, entertainment, shopping, business centers, banquets and conferences for tourists.

China leads the rapid development of tourism and hotel industry in Asia, and the growth momentum of business and leisure income is strong.

Compared with first-tier cities, the price of hotel rooms in second-and third-tier cities in China has increased greatly.

With the opening of new hotels in second-and third-tier cities, the government has invested in the construction of new transportation facilities, which will further promote the steady growth of hotel room prices in China.

Chinese and foreign hotel brands continue to expand their business maps, and the balance between supply and demand of hotels in the future will be a topic of great concern.

The proportion of all kinds of chain hotels in the world is: luxury 5%, high-grade 30%, middle-grade 37%, economical 20% and applicable 8%.

However, affordable hotels only account for 28% and have great development potential.

By the end of 20 12, there were nearly 3.3 million accommodation and catering enterprises in China, with annual operating income exceeding 2 trillion, accounting for about 5% of the GDP of that year.

20 1 1 year, the national catering revenue was 2,054.3 billion yuan, up by 16.9% year-on-year, with more than 22 million employees.

In the accommodation industry, there are more than 280,000 accommodation enterprises in China.

Among them, the number of enterprises above designated size in the national accommodation industry reached 65438+600,000, an increase of 8.4% year-on-year; Operating income was 2 184 billion yuan, a year-on-year increase of 23.3%; Operating profit was 654.38+060.3 billion yuan, up 22% year-on-year.

The slowdown in the growth rate of the industry shows that the era of high profits in previous years has passed and entered the era of low profits.