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How is China's hotel industry developing today? What kind of trend is it showing?

The development of China's hotel industry shows obvious structural differentiation within the industry. Due to the national restrictions on three-public consumption and eight central regulations, the consumer demand for luxury hotels represented by five-star hotels is rapidly shrinking. At the same time, due to high operating costs, real estate investment peak and other factors, the development speed and scale growth rate of luxury hotels declined year by year.

After experiencing the peak of rapid growth, economy hotels represented by chain hotels such as Ru Jia and Hanting have entered the reshuffle stage due to serious homogenization and oversupply. The middle- and high-end hotel industry has benefited from the rapid expansion of consumption upgrading and middle-class consumer groups, coupled with the impact of the shift in consumption of economy and luxury hotels. In recent years, mid- to high-end hotels have ushered in an era of industry dividends and maintained a rapid development trend for many years.

The structural layout of China's hotel industry in the future will be close to that of developed countries such as Europe and the United States, featuring medium- and high-end hotels as the main body. From the current structure of the domestic hotel market, mid-range hotels still have a lot of room for development. China's medium and high-end hotels will usher in the medium and long term rapid development stage. If you don't understand the Internet, don't invest or operate a hotel, even if you are already a professional manager of a high-end hotel, because you don't understand the production relationship. If you do not understand the production relations, you do not belong to the hotel business circle, then you are not far from failure.

In the future, hotels will become more and more intelligent. Now more and more new technologies are starting to enter the hotel, such as face payment, code scanning check-in, AI front desk, intelligent room system and so on. This is both an opportunity and a challenge for the hotel industry. If we grasp it well, we 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 business organizations, corporate human resource management will also produce new changes in management objectives, management functions, management techniques and requirements for managers.