Is Renaissance Tianjin a state-owned enterprise?

Yes Renaissance Tianjin Hotel is an international five-star hotel managed by Marriott Hotel Management Group. Located in the downtown business district of Heping District, adjacent to Haihe River and Financial Street. It's 3 kilometers from the railway station. The standard of state-owned enterprises is that the government holds more than 50% of the shares, and hotels that meet this standard are state-owned enterprises. Tianjin, also known as Jingu and Jinmen, is a provincial-level administrative region, municipality directly under the Central Government, national central city and mega-city of People's Republic of China (PRC), and is the economic center of the Bohai Rim region determined by the State Council.