the development is good. According to the inquiry of official website, Laozhuancun Hotel was founded by Shandong Laozhuancun Group Co., Ltd., which is a private enterprise mainly engaged in catering, decoration engineering and commerce. In Shandong Province, there are 8 Laozhuancun hotels, 11 old neighborhood restaurants and 12 franchise chain stores. The present situation of Laozhuancun Hotel is developing well, and it has influence and popularity in Shandong Province.