Depreciation life of BTG hotel

Forty years. Beijing BTG Hotel (Group) Co., Ltd. (hereinafter referred to as BTG Hotel Group) is a large comprehensive tourism listed company in China with a depreciation period of 40 years. Depreciation period refers to the period for calculating the depreciation of fixed assets. The depreciation period of fixed assets is determined according to the long-term physical durability, that is, according to the time that fixed assets can continue to be used after physical wear and natural wear; Later, it gradually began to determine the depreciation period according to the economic durability, that is, according to the unit time of fixed assets within this period, such as year, month, etc., and the minimum use cost to determine the depreciation period.