Is Luzhong Hotel a state-owned enterprise?

No, state-owned enterprises are wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and the local people's governments perform the responsibilities of investors on behalf of the country respectively, while Luzhong Hotel is a private enterprise with private investment. Jinan Luzhong Hotel is located at the foot of the scenic Hero Mountain, adjacent to the provincial sports center and Shandong Provincial Committee, a famous snack city in China in the east, Jingshi Road, which runs through Jinan from east to west, and adjacent to Juntong Office and Ginza Mall in the west.