Traditional Culture Encyclopedia - Hotel franchise - Is Guangzhou Poly Intercontinental Hotel a state-owned enterprise?

Is Guangzhou Poly Intercontinental Hotel a state-owned enterprise?

Intercontinental Guangzhou Poly Hotel is not a state-owned enterprise. Intercontinental Guangzhou Poly Hotel is a hotel managed by British Intercontinental Hotel Management Company. The so-called management means that the property owner of the hotel (hotel terminology is called "owner") signs a hotel management contract with IHG, entrusts IHG with management, and pays the management fee to IHG according to the management contract. There are many brands under the Intercontinental Group, and owners will choose brands according to their own market positioning.