Traditional Culture Encyclopedia - Hotel reservation - Does hotel guardrail maintenance require investment in fixed assets?

Does hotel guardrail maintenance require investment in fixed assets?

The maintenance of guardrails in hotels requires fixed assets. The hotel's guardrail maintenance is to repair, restore or improve the existing solid guardrail, which is a maintenance project. The maintenance project belongs to the category of fixed assets and is included in the fixed assets in accounting. Therefore, the hotel guardrail maintenance must be included in the fixed assets. A hotel is a commercial institution that mainly provides tourists with accommodation services, catering, entertainment, business centers, banquets, conferences and other facilities. Hotels obtain economic benefits by providing services to guests by selling guest rooms, catering and comprehensive service facilities. The hotel mainly provides tourists with places to stay and eat, and uses the building as a voucher to provide services to guests by selling guest rooms, catering and comprehensive service facilities.