What is a hotel?

Hotels, also known as guest houses and hotels, are commercial organizations that provide safety and comfort and allow users to have a short rest or sleep space. The earliest hotels existed in the post station system established by the ancient government. Nowadays, hotels not only provide accommodation services for tourists, but also provide daily services and facilities (bedtime services), such as catering, games, entertainment, banquets, conferences and so on. Some hotels also provide value-added services, such as free use of mobile phones and limousines.

Future trend: 1. The hotel's overall lag in reservation technology, service technology and product design technology 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, and 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.

3. In the long run, with the development of economy and the globalization of wage level, talent competition will surely become the focus of hotel industry's survival competition.

4. Both foreign hotels and state-owned hotels should take the road of horizontal integration at the same level.

Generally speaking, state-owned private hotels belong to small and medium-sized hotels. Due to the policy environment and market mechanism, their development has been sluggish, and they will be the biggest impact in the future development. But private hotels are a trend in the future.