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CONTENTS

Chapter One The concepts and investment characteristic of hotels industry 1

Section One The concepts and classification of the hotels industry 1

First, definition of the hotels     1

Second, classification of hotels 2

Section Two The properties and characteristics of the hotels industry    6

First, fundamental property of the modern hotels 6

Second, the basic characteristics of the modern hotels      7

Section Three The investment characteristics of the hotels industry       11

First, profitability and growth     11

Second, periodicity of hotel      13

Third, the coarctation of key element     15

Fourth,the barrier study of hotels industry     17

Chapter Two Analysis of related industry       27

Section One Current situation of tourist and development of hotels industry 27

First, operation situation of tourist industry of our country of 2006   27

Second, development trend of tourist industry     32

Third, promotion of the trade of tourist hotel of " economy of Olympic Games "    34

Fourth, tourist earnings and prediction of " Eleventh Five-Year Plan "    43

Fifth, tourist industry recovers, the development space of hotel industry is enormous 45

Section Two The current situation of the development of catering trade impact on hotel industry     49

First , current situation of the catering trade of our country of 2005-2006     49

Second, catering trade impact on hotels industry 62

Third, competitive strategy analysis of hotel food and beverage management     67

Section Three Interaction development situation of convention and exhibition industry and hotel industry     69

First, current situation of the development and prospect forecast of convention and exhibition industry of China of 2005-2006    69

Second, interaction relation of convention and exhibition industry and hotel industry  82

Third, interaction development support system of convention and exhibition and hotel industry       85

Fourth, interaction development model of convention and exhibition industry and hotel industry      88

Fifth, countermeasure that our country realizes interaction development of convention and exhibition and hotel  92

Chapter Three Analysis of global hotels industry       97

Section One Current situation of global hotels industry      97

First, overview of global hotel industry    97

Second, the challenges of global hotel industry   106

Third, current trend of international hotel industry       109

Section Two The prediction of global hotels industry in 2006-2008  112

Section Three Analysis of American hotels industry     117

First, Profits analysis of American hotels industry in 2006-2007       117

Second, analysis that U.S.A. manage economy hotel  118

Chapter Four Development of market of Chinese hotel industry  123

Section One Analysis of current situation of the development of Chinese hotels industry   123

First, development process of tourist hotel industry    124

Second, current situation of the development oftourist hotel industry     127

Third, the comparison between hotel management company of our country and international hotel management group       132

Fourth, challenge that development of hotel industry and trade management of our country faced 142

Section Two Market characteristic of Chinese hotel industry     147

First, development speed of Chinese hotel industry ranks first in the whole world       147

Second, the digitization of Chinese hotel industry is still in the development period     149

Third, economy hotels become the pillar       150

Section Three New pattern of China tourist hotel market    151

First, trade benefit is improved 151

Second, trade scale enlargement    154

Third, the trade labor division takes shape    158

Fourth, the trade innovates and develops     163

Fifth, the hotel group strengthens   167

Sixth, pluralistic situation take shape      170

Seventh, reform system go on in an all-round way      174

Eighth, science and technology promote development       176

Chapter Five Market analysis of the trades of Chinese hotels      181

Section One Market segments of the trade   181

First, business hotel   183

Second, economy hotel     184

Third, hotel of meeting / convention and exhibition      187

Fourth, travel resort hotel  194

Fifth, youth hotel  195

Sixth, extended stay hotel  197

Seventh, property hotel     201

Eighth, timeshare hotel      205

Section Two Market structural analysis of trade    210

First, structure of consumer market 210

Second, leading person of trade market in 2006  212

Third, trade concentration degree   213

Section Three Analysis of consumption choose and consumption trend 214

First, investigation and analysis that visitor's choice to the lodging facilities   214

Second, visitors' traveling purpose  219

Third, analysis of consumption structure state of entry tourist   221

Fourth, consumers appraisal of accommodation, food and beverage     230

Fifth, holiday business status of hotel and recreation market of travel    234

Chapter Six The current situations of other types hotels industry      248

Section One Business hotel      248

First, business tour summary    248

Second, current situation of business hotel of our country 249

Third, prospect of the business hotel     252

Section Two Resort hotel   253

Section Three Development in China of timeshare hotel    257

First, four kinds of operators of timeshare hotel of our country 257

Second, existing problem of timeshare hotel market of our country  258

Third, characteristic that the network localization is practised for timeshare hotel which our country launches      260

Fourth, prospect of the timeshare hotel of our country       261

Section Four The development trend analysis of resort hotel   262

First, demand characteristic of trurism market      262

Second, demand characteristic of holiday tourism       264

Third, the hotels supply of resort place  266

Fourth, problem that domestic hotel must solve   268

Section Five The current situation analysis and development opportunity of economy hotels   269

First, current situation of economy hotel 269

Second, the region overall arrangements of the economy hotels of China     279

Third, market demand analysis of economy hotel of China       280

Fourth, Chinese and foreign brands fight for the market of economy hotel    282

Fifth, existing problem of economy hotel of China       287

Sixth, management and trend prediction of economy hotel       290

Seventh, management route and development trend of economy hotels       309

Eighth, investment analysis of economy hotel      312

Chapter Seven The hotels industry analysis of some cities    321

Section One Beijing    321

First, current situation of development of Beijing tourist of 2005-2006 and trend of " the State's Tenth Five-Year Plan period "  321

Second, the current situations of the hotels industry of Beijing;       333

Third, market demand of hotel of Beijing       346

Fourth, the Olympic Games opportunities of the hotels industry of Beijing     351

Section Two Shanghai       356

First, development of Shanghai tourist in 2005-2006  357

Second, current situation summary of the hotel industry of Shanghai     360

Third, supply and demand current situation analysis of hotel of Shanghai     367

Fourth, the supply trend of hotels of Shanghai in 2007-2009    375

Fifth, World Expo chances of the hotels of Shanghai  380

Sixth, prospect of economy hotel of Shanghai      382

Section Three Shenzhen   385

First, development of Shenzhen tourist of 2006   385

Second, the current situations of the hotels industry of Shenzhen   416

Third, analysis of supply and demand of hotel industry of Shenzhen      421

Section Four Wuhan   425

First, current situation of the development of hotel of Wuhan   425

Second, market analysis of hotel of Wuhan;  429

Third, market analysis of hotel apartment of Wuhan   433

Fourth, development trend of hotel of Wuhan      437

Section Five Xi'an       438

First, tendency analysis of hotel industry of Xi'an 438

Second, current subsistence situation and sustainable development of Xi'an foreign capitals hotel 443

Third, the prospect of economy hotel of Xi'an is considerable   453

Chapter Eight Trade pattern of Chinese hotels industry  455

Section One Structural analysis of the trade competition    455

First, profits distribution is highly unbalanced       455

Second, the competitions of existing enterprises in the trade    455

Third, competition pattern of different kinds of hotels  469

Fourth, competition of Beijing-Shanghai hotel industry aggravate    472

Section Two Construct hotel industry's key competitiveness     477

First,the tasks of hotel industry 477

Second,key competitiveness of hotel industry      477

Third, human-oriented --Promote the key competitiveness of hotels       478

Section Three Trade cost and profit analysis       482

First, trade profit concentrate on two focuses       482

Second, cost, pricing and income of the hotel trade    484

Section Four The competitive strategy that hotel enterprises based on the profits subdivision  489

First, the theory survey of customer profits subdivision      489

Second, characteristic of profits type customer group 491

Third, competitive strategy that subdivide the customer based on profit characteristic       494

Section Five The competition tendency of hotel industry market of our country    499

First, from pay attention to entrusting management turn to direct investment of the hotel industry   499

Second, the foreign capitals enter the trade of extending of the hotel through the urban renewal    500

Third, the goal market turns from the key city to scenic spot and the second city 502

Fourth, turn from the single field war to the space fight -- purchase network reservation system      504

Chapter Nine Analysis of advantage enterprises of hotels industry    506

Section One Group of international hotel      506

First, Six Continents Hotel (i.e. Bass Hotels & Resorts)      506

Second, Hilton Hotel   510

Third, Marriott      514

Fourth, Shangri-la      519

Section Two Main domestic-investment hotels      523

First, HUNAN Hua Tian GREAT HOTEL STOCK CO., LTD; 523

Second, Shanghai JinJiang international hotels develop the Limited Company     545

Third, Guangzhou city Dong Fang Hotel Limited Company       586

Fourth, Jin Ling management company of international hotel    602

Fifth, Shenzhen Century Plaza hotel Limited Company      609

Chapter Ten Main trend of development of hotels industry   615

Section One WTO impact on trades of hotels       615

Section Two The development trends and prediction of hotels industry  617

First, the new situation and future development tendency of tourist hotel industry       618

Second,competition trend of hotels industry  621

Third, development trend prediction of world hotel industry of 2020       633

Section Three The development trend of outsourcing managed service of hotel trade of our country     636

First, the adoption of outsourcing managed service concept    636

Second, new and high technology popularity is not enough      637

Third, the high-quality specialized company is scarce 638

Fourth, the charge of outsourcing managed service   638

Fifth, the management of outsourcing managed service    639

Section Four Future development trend of the hotel industry    640

First, service product of hotel develop towards functional respect   640

Second, management develop towards intelligent, modernization    641

Third, the hotel service develops individualizedly 642

Fourth, manpower resources development and recruitment system of hotel develop towards socialized direction       644

Fifth, hotel environment develop towards green direction  646

Section Five Development trend that the electron distribute in hotels industry      647

First, the current situation of electron distribution in hotel industry   648

Second, development direction of hotel distribution channel     650

Third, marketing management transform of distribution system 652

Fourth, the chess match of hotel and distributing intermediary 653

Section Six E-commerce trend  654

First, current situation of e-commerce of hotel industry of our country    654

Second, e-commerce, improve hotels management    656

Third, application in hotels of e-commerce    658

Chapter Eleven Main development tactics of the hotels industry       662

Section One Advantage and inferior position analysis of Chinese hotels industry 662

First, comparative advantage of Chinese hotels   662

Second, the advantages of foreign capitals hotels      665

Section Two The main tactics that promote the competitiveness      667

First, pay attention to the design of hotel, stress the characteristic of managing  667

Second, the specialization of management and innovative tactics    680

Third, franchise operation and management tactics of the chain     691

Section Three Development tactics of the green hotels of China     695

First, question and obstacle     696

Second, thinking of development     699

CHART CONTENTS

Chart: Average level of cost of investment of U.S.A. every grade hotel   16

Chart: Receive passenger's quantity over the years   28

Chart: The travel person of monthly entry tourist market in recent years       29

Chart: The reception situation of main city in January - September of 2006(1)     30

Chart: The reception situation of main city in January - September of 2006(2)     31

Chart: The international tourism receipts in January - September of 2006     32

Chart: Economic development situation before and after the Olympic Games of two countries of S. Korea and Japan       36

Chart: GDP accumulative total volume in year and increase rate compared with the same period of last year for 10 years in succession for China's economy      37

Chart: The situation of foreign tourist and number of participants during Olympic Games of various countries     40

Chart: The forecast table of travel situation of Beijing Olympic Games   40

Chart: The growing stage of every business status of internal travel      42

Chart: Total income of tourist and rate of increase over the years of our country 42

Chart: The tourist reception persons and increase rate of " the Spring Festival " golden week over the years in our country  43

Chart: The growth rate of catering trade and retail business     50

Chart: Retail sales and growth rate of catering trade of every month of 2005       51

Chart: The development comparison of catering trade of three regional of the whole country in 2005    52

Chart: The retail sales of catering trade of three regional of whole country during the State's Tenth Five-Year Plan period    53

Chart: The development sequencing of catering trade of the provinces and cities in the whole country in 2005   53

Chart: The development sequencing of catering trade of every urban of the whole country in 2005       54

Chart: Consumption change per capita of food and beverage of our country since "the Eighth Five-Year Plan Period"       56

Chart: The increased contribution rate and spuring rate change of catering trade in 1976-2005     58

Chart: The retail sales of catering trade of "stride hundred billion step" of correlated years      59

Chart: The increase of retail sales of accommodation and food and beverage in the whole country compared with the same period of last year in January - October of 2006       61

Chart: The average annual growth situation of total scale of exhibition trade of our country      78

Chart: Exhibition distribution map of every area in the whole country in June of 2006  79

Chart: Trend picture of the domestic exhibition in June of 2006       79

Chart: The exhibition quantity of each main urban in the whole country in June of 2006     80

Chart: The exhibition quantity of key industry in June of 2006   80

Chart: The integrated development model picture of convention and exhibition and hotel industry  89

Chart: Business performance data of hotel of Asian-Pacific area     98

Chart: Business performance data of hotel of Europe 99

Chart: Rank of top 300 international hotel management companies of 2004/2003      99

Chart: The hotel group which managed the most hotels in 2004      100

Chart: The international hotel Company which franchise operation is the most in 2004      100

Chart: The international hotel group which is the most widely covered in the world in 2004       101

Chart: The top 25 hotel alliances in 2004/2003    101

Chart: Overview that group of international hotel enters Chinese market       102

Chart: The general view of domestic hotel management company's situation (arrange in an order according to the guest room)  103

Chart: The scale and operation situation of national star hotel of 2004  104

Chart: Stat. of construction project and prediction of Start-up hotels in the second quarter of 2006 112

Chart: The construction project in the second quarter of 2006 113

Chart: The staple market of the project in 2006   116

Chart: The quantity of star hotel in 1995-2005     126

Chart: The quantity and distribution map of national star hotel 127

Chart: Market segments form of hotel trade  181

Chart: Quantity of star hotel of China main urban       210

Chart: The quantity and proportion form of guest room of every star hotel    211

Chart: Top 10 international brand of Chinese hotel industry in 2006       212

Chart: Top 20 national brand  of Chinese hotel industry in 2006    212

Chart: The brand pioneer of economy hotel of China in 2006:  213

Chart: Analysis chart of tourist's requirement for getting accommodation in the travel party      216

Chart: The selection ratio that male tourist to the lodging facilities   216

Chart: The selection ratio that female tourist to the lodging facilities       216

Chart: The selection ratio of different ages visitors to lodging facilities   217

Chart: Proportion of the visitors of different schooling in different lodging facilities of accommodation time    218

Chart: The proportion that tourist of different purposes chooses the different lodging facilities and accommodation time       218

Chart: Tourist situation of domestic urban visitor (divide according to the purpose)     219

Chart: Proportion form of the tourist purpose of domestic peasants 220

Chart: Entry tourist visitor’s number and proportion (divide according to the purpose)       220

Chart: The number ratio chart of entry tourist visitor of different purpose      221

Chart: Domestic visitor's appraisal on the lodging facilities 233

Chart: Domestic visitor's appraisal on the food and beverage   233

Chart: Domestic visitor's appraisal on the traffic   234

Chart: Domestic visitor's appraisal on amusement      234

Chart: Domestic visitor's appraisal on shopping   234

Chart: The comparison sheets of membership for timeshare in every 10,000 people of different country      262

Chart:The top ten market supply of Chinese economy hotel of 2005      270

Chart: Main brand enterprise's market increases situation 271

Chart: Main national brand of economy hotel of China       273

Chart: Strategic curve graph of economy hotel of our country   312

Chart: The increase situation of quantity of economy hotels and guest room in 2000-2006      317

Chart: The number of people of coming Beijing of main guest source country (district) in December and the whole year of 2005  324

Chart: The number of people of coming Beijing of main guest source country (district) in January - October of 2006       327

Chart: The major indicator of tourist development in Beijing during "Eleventh Five-Year Plan " period    332

Chart: Key statistics of market of top-grade hotel of Beijing of the first half of 2006     334

Chart: The newly-increased market of hotel of Beijing supplies with in the following three years (some) 356

Chart: Receive tourist's number of entry overnight in Shanghai in January - December of 2005      357

Chart: Shanghai receive overnight foreigner divide according to the main guest source country in January - December of 2005  357

Chart: The average occupancy rate and average room rate of guest room of tourist hotel of Shanghai in January - December of 2005      358

Chart: Receive tourist's number of entry overnight in Shanghai in January - September of 2006     359

Chart: Shanghai receive foreigners overnight divide according to the main guest source country in January - September of 2006     359

Chart: The average occupancy rate and average room rate of guest room of tourist hotel of Shanghai in January - September of 2006     360

Chart: Basic situation of tourist star hotel of Shanghai of 2005 368

Chart: The quantity of guest room, bed and occupancy rate over the years of tourist star hotel in Shanghai 369

Chart: The number and per capita consumption expenditure that domestic tourist come Shanghai in 2001-2005 370

Chart: The brand and quantity of economy hotel of Shanghai  372

Chart: Visitor's quantity over the years in Shanghai    372

Chart: The demand increment prediction of guest room in Shanghai in the following 5 years    374

Chart: Price of hotel of Shanghai in 2003-2006    375

Chart: The supply increment of Shanghai high star hotel in 2006    377

Chart: The supply increment of economy hotels of Shanghai in 2006     377

Chart: Development prediction in Shanghai area of new economy chain hotel of 2006      379

Chart: Proportion that the entry overnight visitors in Shenzhen of 2006  386

Chart: Proportion of entry overnight visitors of different jobs in Shenzhen of 2006      387

Chart: Situation that entry visitor spending the night in Shenzhen and times that entry visitor come to Shenzhen in 2006       388

Chart: Proportion of entry overnight visitors of the different trouist purpose in Shenzhen of 2006    389

Chart: Residence time in Shenzhen of entry tourist in 2006      390

Chart: The time slot of entry visitors in Shenzhen in 2006  391

Chart: Residence time of the different jobs entry tourists in Shenzhen in 2006     392

Chart: Residence time of the different travels purpose entry tourists in Shenzhen in 2006 393

Chart: The residence time of entry tourists of all lodging facilities in Shenzhen in 2006      394

Chart: The accommodation proportion change of entry tourists in the hotel / private residence in Shenzhen in 2006       394

Chart: The accommodation of entry tourist of different guest place of Shenzhen in 2006   396

Chart: The expenditure composition that entry visitor of Shenzhen in 2006   396

Chart: Per capita expenditure of entry tourist and day excursion visitor in Shenzhen in 2006    397

Chart: The accommodation proportion of tourists in Shenzhen in the all lodging facilities in 2006    399

Chart: Situation that domestic visitors spending the night in Shenzhen in the first half of 2006  400

Chart: Proportion that the visitors in the beauty spot spend the night of the first half of 2006    401

Chart: Situation of overnight that the domestic visitors of different jobs travel in Shenzhen of 2006 402

Chart: Proportion that different sex and age of domestic visitor spend the night in Shenzhen of 2006    403

Chart: The tourist overnight situation of visitor of different purpose in Shenzhen of 2006   404

Chart: The overnight situation that domestic tourists come Shenzhen in 2006      405

Chart: The days that domestic tourists stayed in Shenzhen in 2006       406

Chart: The per capita time that domestic tourists of different age stay at Shenzhen in 2006     407

Chart: The per capita stay time of different professional domestic tourists in Shenzhen in 2006      408

Chart: The stay time of tourist of different purpose in Shenzhen in 2006       409

Chart: The per capita stay time of domestic tourists of different lodging facilities in Shenzhen in 2006    410

Chart: The per capita stay time of domestic tourists in different travel ways in Shenzhen in 2006    410

Chart: Accommodation situation of domestic tourists in Shenzhen in 2006     412

Chart: The accommodation situation of  tourists of inside and outside province in 2006   413

Chart: The accommodation situation of domestic tourist of different travel purpose in Shenzhen     414

Chart: The accommodation situation of domestic tourists in different travel ways in Shenzhen of 2006   415

Chart: Domestic main site that visitors come to Shenzhen in the first half of 2006       416

Chart: The basic situation that Shenzhen included in hotels in 2004       418

Chart: The basic situations of some hotel under construction in Wuhan 426

Chart: The distribution of typical hotels and hotel apartment of Wuhan  430

Chart: Scale of hotel of Wuchang    431

Chart: The characteristic of selling / managing typical property supply in Wuhan 433

Chart: The profit ability comparison of different economic types hotels in 2005    471

Chart: The create income ability comparison of star hotel and no-star hotel in 2005   471

Chart: The create income ability comparison of different scale hotels in 2005      471

Chart: The create income ability comparison of different district hotel in 2005      472

Chart: The contrasts of room rate of three stars, four stars, five-star hotel    483

Chart: Average income contrasts of guest room of the separate room of three stars, four stars, five stars     483

Chart: Every cost of investment of guest room of separate room of the different kinds of hotels      485

Chart: The contrast of international, domestic normal room rate and domestic real room rate   485

Chart: Business income distribution table of every star hotel    486

Chart: The distribution proportion of business income of every star hotel      486

Chart: The costs of hotels industry forms      488

Chart:The sensitivities to the price of different customer group 492

Chart:The loyalty to the price of different customer group  492

Chart: The site distribution of Hilton in China 512

Chart: Distribution in China of Marriott hotel  519

Chart: The hotel tabulation that Shangri-la Asian limited company manages 520

Chart: Distribution in China of Shangri-la hotel     521

Chart：The main controlling shareholder of Hunan Hua Tian Great Hotel Stock Co., Ltd    524

Chart: The earning capacity analysis of Hunan Hua Tian Great Hotel Stock Co., Ltd in 2005-2006  525

Chart: The Operating capacity analysis of Hunan Hua Tian Great Hotel Stock Co., Ltd in 2005-2006     525

Chart: The Coverage capacity analysis of Hunan Hua Tian Great Hotel Stock Co., Ltd in 2005-2006      525

Chart: The Capital structure analysis of Hunan Hua Tian Great Hotel Stock Co., Ltd in 2005-2006  526

Chart: The development capacity analysis of Hunan Hua Tian Great Hotel Stock Co., Ltd in 2005-2006 526

Chart: The cash flow analysis of Hunan Hua Tian Great Hotel Stock Co., Ltd in 2005-2006       526

Chart: The profit distribution formof Hunan Hua Tian Great Hotel Stock Co., Ltd in 2005-2006  527

Chart: Main five-star hotel of Changsha 529

Chart: The income structure of Hunan Hua Tian Great Hotel Stock Co., Ltd   530

Chart: The hotel that Hunan Hua Tian Great Hotel Stock Co., Ltd deposit, lease and invest at present   531

Chart: Increase newly deposit hotels and the growth in earnings of trustee's fee every year in recent years of Hunan Hua Tian Great Hotel Stock Co., Ltd       532

Chart: The project calculation of YiYang Hua Tian       534

Chart: The guest room income forecast of Hua Tian   535

Chart: The profit prediction of Hua Tian  536

Chart: The controlling shareholder of JinJiang     551

Chart: The earning capacity analysis of JinJiang share of 2005-2006     552

Chart: The operating capacity analysis of JinJiang share of 2005-2006  552

Chart: The coverage capacity analysis of JinJiang share of 2005-2006  552

Chart: The capital structure analysis of JinJiang share of 2005-2006     553

Chart: The development capacity analysis of JinJiang share of 2005-2006   553

Chart: The cash flow analysis of JinJiang share of 2005-2006  553

Chart: The profit distribution form of JinJiang share of 2005-2006   554

Chart: JinJiang hotel's profit ability index picture   555

Chart: Every coverage index of JinJiang hotel      556

Chart: The dividend pay information of JinJiang hotel over the years      556

Chart: The profit situation of main holding enterprises of JinJiang hotel over the years      557

Chart: The room rate of star hotel of JinJiang hotel over the years  558

Chart: The room rate of economy hotel of JinJiang hotel over the years 558

Chart: The occupancy rate of star hotel of JinJiang hotel over the years       559

Chart: The occupancy rate of economy hotel of JinJiang hotel over the years      559

Chart: The prediction of overall room rate and occupancy rate of JinJiang hotel  560

Chart: The profits of star hotels of JinJiang hotels over the years    560

Chart: Register of main hotel that JinJiang hotel manage   562

Chart: Main achievement of investment enterprise of JinJiang hotel over the years     566

Chart: Tabulation of hotel with three-star and lower grades of JinJiang hotel 567

Chart: SWOT and development strategy of JinJiang international group 570

Chart: Main income situation of four high star hotels of JinJiang      573

Chart: New Asia Tomson's achievement prediction table    574

Chart: The achievement prediction table of Jianguo Guesthouse    575

Chart: The achievement prediction table of Renaissance hotels of Yangtze River       576

Chart: Achievement prediction table of Helen hotel     577

Chart: The hotel star distribution of JinJiang Company manage       578

Chart: The prediction of management business of JinJiang hotels   579

Chart: The prediction of hotels management business of JinJiang star   582

Chart: The controlling shareholder of Dong Fang Hotel     590

Chart: The earning capacity analysis of Dong Fang Hotel of 2005-2006       595

Chart: The Operating capacity analysis of Dong Fang Hotel of 2005-2006    595

Chart: The Coverage capacity analysis of Dong Fang Hotel of 2005-2006    595

Chart: The Capital structure analysis of Dong Fang Hotel of 2005-2006       596

Chart: The development capacity analysis of Dong Fang Hotel of 2005-2006      596

Chart: The cash flow analysis of Dong Fang Hotel of 2005-2006     596

Chart: The profit distribution form of Dong Fang Hotel of 2005-2006      596

Chart: The controlling shareholder of Century Plaza hotel 610

Chart:The earning capacity analysis of Century Plaza hotel of 2005-2006    610

Chart: The operating capacity analysis of Century Plaza hotel of 2005-2006       611

Chart: The doverage capacity analysis of Century Plaza hotel of 2005-2006       611

Chart: The capital structure analysis of Century Plaza hotel of 2005-2006    611

Chart: The development capacity analysis of Century Plaza hotel of 2005-2006  612

Chart: The cash flow analysis of Century Plaza hotel of 2005-2006 612

Chart: The profit distribution form of Century Plaza hotel of 2005-2006  612

Chart: The relevant regulations of hotels industry in the legal text of WTO    615

Chart: The new electron distribution intermediary network in internet era      650

Chart: The comparison of the proportion of the expenses on schedule of the distribution system    651

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