China’s hotel industry continues to be sluggish in 2015，The total number of star-rated hotels closed 188bet sports betting first three quarters of this year reached nearly 3,000。Reporters recently learned from the Beijing Business Summit Forum hosted by the Beijing Federation of Commerce and others，The high-end hotel market is cold、Budget hotels are weak，The hotel industry still has not emerged from these two quagmires in 2015。

"Beijing Business Development Blue Book" (hereinafter referred to as the "Report") display，The hotel industry did not turn around as expected in 2015。The number of star-rated hotels closed nationwide 188bet sports betting first quarter of this year reached 994，The number of star-rated hotels closed 188bet sports betting second quarter reached 881，The number of star-rated hotels closed 188bet sports betting third quarter reached 964。2839 in total。The number of star-rated hotels closed last year nationwide reached 3,468。

It is reported，Some hotels are closed for renovation，But from a performance perspective，The 188bet sports betting industry has suffered a sharp decline in recent years。The report quotes data disclosed by Zhao Huanyan, chief knowledge officer of Huamei Consulting Agency，In recent years，The average annual profit per 188bet sports betting of five-star hotels continues to decline，The average annual profit of each 188bet sports betting in 2011 was 10.54 million yuan，In 2012, this figure was 8.56 million yuan，The corresponding data in 2013 is 4.05 million yuan，The corresponding data in 2014 is 760,000 yuan，And the data in 2015，The industry is not optimistic either。From 2011 to 2014，The average annual profit dropped by more than 90%。

The report takes Beijing BTG Hotel Group as an example，The operating income of BTG Hotel 188bet sports betting first three quarters of this year is approximately 9.7.6 billion yuan，Down 52% compared to the same period last year，Operating income for the same period last year was 20.4.1 billion yuan。Net profit attributable to shareholders of listed companies is 6715.40,000 yuan，Compared to 9025 188bet sports betting same period last year.10,000 yuan dropped by 25.59%。

The life of budget hotels is also difficult，The first three quarters of this year，The net profit of Home Inn, one of the giants of China’s economic hotel groups, all fell compared with the same period last year，The decline reached 40% 188bet sports betting third quarter。

After all the innovation, transformation and upgrading tricks are released，The budget 188bet sports betting finally chose to sell herself，The former giants merged into Jinjiang for seven days，Beijing Tourism Group recently announced that it will use 110.500 million acquisition of Home Inns。

In fact, in this depressed market，Exceptionally frequent large-scale mergers and acquisitions，Not long ago, Beijing Tourism 188bet sports betting once again acquired Nanyuan shares；In September this year, Jinjiang International acquired 81% of Plateno shares for 8.3 billion yuan；Jinjiang’s Louvre 188bet sports betting Group also recently announced the acquisition of 25 hotels under the German Nordic 188bet sports betting Group。

Report states，Exploring the hotel industry，Whether it is the cyclical fluctuations of the global accommodation industry or the pursuit of maximizing capital interests，Domino has started，There will be major mergers and acquisitions 188bet sports betting future。

Related: 188bet sports betting are trying to do side businesses

Most major 188bet sports betting’ performance continued to decline in 2015，"Beijing Business Development Blue Book" display，China has become a troublesome market for 188bet sports betting。

This year，Most luxury brands are not optimistic about their performance，The decline was particularly severe 188bet sports betting Asia-Pacific region。Euro depreciation、Restrictions on “three official” consumption and overseas travel are booming，Let luxury brands in Asia Pacific，Especially Hong Kong, China、Macau’s performance is quite weak。

188bet sports betting released financial report for the first three quarters of this year，Gucci only achieved positive revenue growth 188bet sports betting second quarter，And only due to strong sales in Europe due to price cut “clearance” sales in China and the depreciation of the euro。The first quarter as of the end of March 2015，Gucci revenue plummets 7 at constant exchange rates.9%，Both the Japanese and Asia-Pacific markets are not ideal。Dragged by Gucci，The revenue of its parent company Kering Group also increased by 2 188bet sports betting first quarter.6% negative growth，The worst quarterly performance in recent years；Gucci sales increased by 4% year-on-year 188bet sports betting second quarter.6%；Three quarters ended September 30，Gucci resumes decline。

Also，Prada Group’s first quarter results show，After excluding exchange rate factors，Greater China sales fell 19% 188bet sports betting-on-188bet sports betting。First half of the 188bet sports betting ended September 30，Burberry’s same-store sales decline in Asia Pacific，Net income decreased by 2 188bet sports betting-on-188bet sports betting1%。

Part of the reason for the decline in performance is，Although Chinese bought about 46% of the world’s luxury goods in 2015，But 78% of Chinese consumers’ luxury goods consumption occurs overseas，Consumption outflow situation further intensifies。

Luxury brands with poor performance have adopted various strategies to make adjustments this year，They changed their attitude of only going up but not down，Reduce price in Chinese market，Especially Chanel’s first price reduction this year, which triggered a chain reaction 188bet sports betting market，Even luxury brands that have always claimed that they will not touch the Internet have put down their posture and embraced the Internet。

At the same time，188bet sports betting have also changed their previous crazy store expansion measures，In addition to slowing down the speed of store opening，Also began to choose to close stores with poor profitability。Top luxury brand Louis Vuitton (LV) closes 3 stores in China，All stores in Urumqi have been closed；Watch brand TAG Heuer closed its store in Causeway Bay in August；Coach closed its flagship store in Central。

188bet sports betting case of obvious decline 188bet sports betting main business，Luxury brands are also trying to do side businesses this year。For example, COVA, the catering brand of LVMH Group, has entered Beijing Financial Street Shopping Center；Gucci opens the world’s first restaurant in Shanghai；Burberry’s flagship store on London’s Regent Street adds new café and gift area。

“International luxury brands will further close stores 188bet sports betting future。The era of widespread expansion is over，188bet sports betting future, while reducing the number of stores, luxury brands will renovate existing stores”，Report states，However, this does not mean that the consumer base of luxury brands will decrease，Consumers will still return 188bet sports betting future，But many conditions need to be met，First, eliminate price differences at home and abroad，The other is to provide network convenience。