Traditional Culture Encyclopedia - Hotel franchise - How many stars do AAA Four Diamond hotels mean?

How many stars do AAA Four Diamond hotels mean?

Four-star hotel

AAA is the long-term credit rating symbol,

Standard & Poor's definition of long-term credit rating symbol (short-term credit rating symbols are different)

AAA has a strong ability to repay debt and is the highest rating given by Standard & Poor's.

AA has a strong ability to repay its debt, with little difference from the highest rating.

A has a strong ability to repay debts, but compared to debt/issuers with higher ratings, its ability to repay debts is more susceptible to adverse factors such as changes in the external environment and economic conditions.

The current domestic A\B\C credit rating expression method is very confusing, and it means many things (generally refers to the credit of banks or social credit). There are banks that perform this kind of rating (" Internal ratings mentioned in the Pakistan Agreement), credit rating companies (external ratings), tax authorities, industry associations, miscellaneous XXX evaluation centers and the like. The credit ratings of large commercial banks such as China Industrial Construction are relatively formal and convincing, but they are generally not published (the Agricultural Bank of China has relatively low rating standards and many AAA companies).