男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Industries

Starred hotels lose shine amid China's austerity drive

(Xinhua) Updated: 2014-01-22 11:11

Starred hotels lose shine amid China's austerity drive

The InterContinental Hotel in Zhabei district, Shanghai. The five-star rating, once a halo guaranteeing profits for Chinese luxury hotels, is losing its glamour as the country's ruling party bans consumption in upscale accommodations at public expense. [Provided to China Daily] 

HANGZHOU - The five-star rating, once a halo guaranteeing profits for Chinese luxury hotels, is losing its glamour as the country's ruling party bans consumption in upscale accommodations at public expense.

Chairman Chen Miaolin of the New Century Tourism Group based in East China's Zhejiang province said he had instructed his five four-star New Century Hotels to table their plans for an upgrade to five stars under pressure from shrinking turnover.

Chen, who doubles as the vice president of the China Tourism Association, said that a total of 56 five-star hotels sought to downgrade their ratings to four stars in 2013, while many more lower-rated hotels suspended their applications for the top-notch rating.

The Chinese mainland currently has more than 4,000 starred hotels. Of the total, 680 are rated at five stars.

Citing initial estimates by the association, Chen said that the hotel industry reported a decline of 25 percent in its aggregate business turnover in 2013. About 20 or more hotels were closed down each month.

Another report released by the China Tourist Hotel Association shows that in the first half of 2013, the average lodging rate of China's hotels with three-star ratings or higher dwindled by six percentage points to 53 percent from the same period in the previous year.

The average revenue generated by hotel catering businesses dropped by 17.2 percent, while that of meetings and other events dropped by 17.8 percent. Five-star hotels were worst hit as their total revenues declined by 14 percent, more than all other types of hotels, said the report.

Chen attributed the cold front striking China's luxury hotels to the ban imposed by the Communist Party of China (CPC) on official consumption at five-star hotels at public expense.

Since Xi Jinping took the helm of the CPC in November 2012, the Party has made a series of detailed regulations to uproot bureaucratic and extravagant work styles among government workers, such as requiring officials to travel with smaller entourages, simplifying receptions and practising frugality.

The austerity drive hasn't waned over the past year. As the Chinese Lunar New Year on January 31 approaches, the Party released another notice ordering beefed-up supervision and welcoming tip-offs from citizens and media about excessive spending and gifts before and during the week-long holiday.

Previous Page 1 2 Next Page

...
...
主站蜘蛛池模板: 永顺县| 锦州市| 梅州市| 潞城市| 屯昌县| 克什克腾旗| 梨树县| 平罗县| 鸡泽县| 隆安县| 綦江县| 喀喇| 宜阳县| 佛学| 盈江县| 蓝山县| 宜宾市| 太仆寺旗| 昌图县| 安宁市| 桂平市| 嘉定区| 成安县| 咸宁市| 甘南县| 陵水| 洞口县| 通化县| 屏山县| 浮山县| 金川县| 厦门市| 吉木乃县| 合山市| 鄂托克前旗| 武穴市| 朔州市| 丰顺县| 文安县| 汝城县| 宽甸|