What does a semi-public and semi-private hotel mean?

This means the hotel is semi-private and semi-state-owned.

Hotels with 50% private capital and 50% state capital are called semi-private and semi-public, which are mixed enterprises.

Private hotel refers to a hotel invested and built by domestic private capital owners for profit. The property right belongs to investors, who are responsible for their own profits and losses, and the investors have absolute right to operate. The most obvious performance of private hotel management mode is family management, that is, based on clan concept, most of them employ family forces and cronies as the backbone members of the organization. Homeowners usually have a private capital structure of individual proprietorship or partnership.