Most of the central enterprises will be 5 years out of the hotel industry involving hundreds of billions of dollars

Central enterprises stripping non-main hotel hotel This news after more than 2 years of mapping, Central and Central Hotel auxiliary industry stripping restructuring work started. SASAC website released yesterday, starting from this year in the scope of the central enterprises to officially carry out the work of non-main hotel separation and reorganization, planning 3 years-5 years to complete.　　According to the overall plan of the SASAC, the stripping of the hotel business will be reorganized to hotel industry-oriented advantage of the central enterprises.　　Involved in the assets of hundreds of billions according to statistics, the hotel enterprises under the 2000, and its assets up to hundreds of billions of dollars, almost every central enterprise owned hotels hotel business. such as the PetroChina group's more than 200 hotels and so on, one of the core hotel assets have been transferred through the transfer, equity transfers and other means to enter its subsidiary of China Oil Group, China Oil group dedicated to the establishment of the Sunshine Hotel group, with more than 60 hotels, the end of last year, Taoyuan, Taiwan and other 3 Taiwan hotels have joined.　　China Petroleum Group's hotel assets overseas will also be put into the oil group by way of entrust management.　　Other central enterprises with hotel assets include: Sinopec, China Electric Power, China Airlines, China Railways, China Telecom, Chinese Tobacco, Bank of China, Chinese aerospace Technology, China Travel, Hong Kong CTS, COFCO Group, Overseas Chinese city Group, China Agricultural Bank, etc. Most of the central enterprises withdrew from the hotel management Sasac plan to divest the non-main hotel business of the Central Enterprise, in 2007 has emerged. In August 2007, SASAC issued a circular to the central enterprise, asking for a check of the headquarters and the enterprises at all levels of the corporate investment hotel, hotels, reception centers, guesthouses, resorts and other units.　　The investigation report was handed over to the SASAC Reform Bureau to study the reorganization. The reorganization direction complies with the principle of merging similar. Sasac made it clear yesterday that the hotel business would be restructured into a central enterprise with the advantages of the hotel as its main industry by free transfer of state-owned property rights, transfer of agreements and market transfer. And then without the approval of the state-funded committee, not to the hotel as the main business of the central enterprise, no longer invest in the new business hotel.　　The reorganization plan is implemented by the central enterprise which does not take the hotel as the main business, and after the approval of the Fund. "Overseas Chinese city, the benefit of Cofco" "stripping the hotel business of the non-main industry in line with the SASAC requirements of the central enterprises to do strong main industry direction, after the early research and now also to the right time."　　"Sasac responsible people told reporters that the current hotel hotel as the main business of the central enterprises such as Oct, COFCO Group, the Hong Kong-China Brigade will be the main beneficiaries of the asset stripping, but the current specific plan has not been introduced, may not have concrete results during the year. Professor University-Liu Xin that, as for the current profitable non-profit hotel assets, the right to free transfer of property rights is very difficult. In his view, in the main business and the division of the across must not be.