C·K Hotel Financing Channel Research

We can get a lesson from the overview of the western economic theories as well as the. continuous and stable development of the western mainstream economies(such as America ) that the core of modern economy is finance rather than the real economy. It is the financial industry that determine the competitiveness of enterprises even the national industry. Moreover the western countries have completed the transformation from industrial capitalism to financial capitalism. From this we can see that we should strengthen the assistance to the real economy with either political or financial means to promote its transformation and participation in the global economy. The establishment, survival and development of a company should base on the precondition of financing, investing and refinancing. For the past few years, our country has take quite a few measures to improve the investing environment for the medium and small enterprises which have make a noticeable contribution to the country over the past three decades. But this problem hasn't solved practically and remains to be the bottleneck of their development. Hostel is also a category of medium and small enterprises. And as a labor intensive industry it needs large amount of fund to maintain its regular management and expansion. Using the traditional means such as self-accumulation and self-replicating to collect money for hotel is far from enough in a more fierce competition. Impaired financing has become the main factor that affects hotel's rapid development. This essay will use Theory Summery Method through the summery of national and international financing theory to compare and analyses the basic condition in practice, and to observe the methods and problems at home. At the same time, it puts emphasis on the hotel analysis by taking its characteristics into account. The essay also takes C-K hotel as a example, from the enterprise endogenously and outside assistance from the single chanel to the combination and its cost,risk,ready money volume of flow, the control power influence to seek for a reasonable and effective financing and investing channel. And its feasibility and referencing significance to the same companies have been tested by practice.