Is Venice Hotel Shenzhen State-owned?

Yes Venice Hotel Shenzhen is state-owned. Crowne Plaza Shenzhen is located on the Shenzhen Bay opposite the beautiful OCT and the Window of the World Scenic Area. It was invested and built by OCT Group and opened at the end of 20001. This hotel is the first Venetian cultural theme business resort hotel in China. It is operated by Holiday Group under the brand of "CrownePlaza", managed by InterContinentalHotelsGroup and managed by Crowne Plaza, an international five-star chain.