What is it like? Shangri-La Intercontinental Sheraton Marriott Hotel. . Are these hotel buildings rented or bought?

Hilton Marriott Intercontinental is a foreign brand, which is simply a management company. They are in charge of brand management. As for the hotel buildings, they are all invested by the owners. You often hear about HNA Marriott Hotel or Guangzhou Xintian Hilton Hotel. HNA here refers to the owner, which is the investment company.