How is the hotel industry in China developing now? What is the trend?

The development of hotel industry in China presents obvious characteristics of intra-industry structural differentiation. Due to the national restrictions on three public consumption and eight central regulations, the consumption demand of luxury hotels represented by five-star hotels has shrunk rapidly. At the same time, due to high operating costs, the peak period of real estate investment and other factors, the development speed and scale growth rate of luxury hotels are declining year by year.

After experiencing the peak of high-speed growth, budget hotels represented by chain hotels such as Home Inn and Hanting Hotel have entered the reshuffle stage due to serious homogenization and oversupply. High-end hotel industry benefits from consumption upgrading and the rapid expansion of middle-class consumer groups, coupled with the impact of consumption transfer of budget hotels and luxury hotels. In recent years, high-end hotels have ushered in the era of industry dividends and maintained a rapid development trend for many years.

In the future, the structural layout of China's hotel industry will be close to that of developed countries such as Europe and America, with high-end hotels as the main body. Judging from the current domestic hotel market structure, mid-range hotels still have a lot of room for development. High-end hotels in China will usher in a medium and long-term rapid development stage. If you don't know the internet, don't invest or run a hotel, even if you are a professional manager of a high-end hotel, because you don't know the production relationship. If you don't understand the relations of production, you don't belong to the hotel business circle, so you are not far from failure.

In the future, hotels will become more and more intelligent. Now more and more new technologies are entering the hotel, such as face-brushing payment, static code analysis check-in, AI front desk, smart room system and so on. This is both an opportunity and a challenge for the hotel industry. If you grasp it well, you can seize the opportunity and gain a lot. On the contrary, we may be eliminated by the market. With the increasing networking, flattening, flexibility and diversification of enterprise organizations, enterprise human resource management will also produce new changes in management objectives, management functions, management techniques and requirements for managers.