三個皮匠報告
政策庫
new
付費
搜索

華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低-行業數據

華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低
心總部中臺運營和后臺效率，錦江過去三年在總部后臺通過整合財務等系統效率提升，國內總部費用率優化2pct，華住通過六大戰區模式，管理進一步扁平化，中后臺效率進一步提升，也助力其業績彈性。
其它 下載Excel 下載圖片 原圖定位
圖片屬性
圖片格式：PNG 圖片大?。?19KB 圖片尺寸：3661*1073
同報告圖片
 / 59
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第1頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第2頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第3頁
fCDml7bpl7QgICB8IFJldnBhcuWQjOavlO+8muWmguWutiB8IFJldnBhcuWQjOavlO+8mumUpuaxnyB8IFJldnBhcuWQjOavlO+8muWNjuS9jyjlooPlhoUpIHwgUE1J5ZCM5q+U5Y+Y5YyWIHwKfC0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tfAp8IDEwUTEgICB8IDE1JSAgICAgICAgICAgICAgfCAxNSUgICAgICAgICAgICAgIHwgMTUlICAgICAgICAgICAgICAgICAgIHwgMTUlICAgICAgICB8CnwgMTFRMSAgIHwgMTAlICAgICAgICAgICAgICB8IDEwJSAgICAgICAgICAgICAgfCAxMCUgICAgICAgICAgICAgICAgICAgfCAxMCUgICAgICAgIHwKfCAxMlExICAgfCA1JSAgICAgICAgICAgICAgIHwgNSUgICAgICAgICAgICAgICB8IDUlICAgICAgICAgICAgICAgICAgICB8IDUlICAgICAgICAgfAp8IC4uLiAgICB8IC4uLiAgICAgICAgICAgICAgfCAuLi4gICAgICAgICAgICAgIHwgLi4uICAgICAgICAgICAgICAgICAgIHwgLi4uICAgICAgICB8CnwgMTlRNCAgIHwgLTEwJSAgICAgICAgICAgICB8IC0xMCUgICAgICAgICAgICAgfCAtMTAlICAgICAgICAgICAgICAgICAgfCAtMTAlICAgICAgIHwKCui1hOaWmeadpea6kO+8muWFrOWPuOWFrOWRiu+8jOWbveS/oeivgeWIuOe7j+a1jueglOeptuaJgOaVtOeQhg==
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第4頁
fOW5tOS7vXwg5YW25LuW5L2P5a6/6K6+5pa977yI5LiH5a6277yJfOinhOaooeS7peS4iumFkuW6l+iuvuaWve+8iOS4h+Wutu+8iXwg6KeE5qih5Lul5LiK6K6+5pa9eW95fOWFtuS7luiuvuaWvXlveXwKfC18LXwtfC18LXwKfDIwMTZ8IDQwfCAzMHwgLTIwJXwtNDAlfAp8MjAxN3wgNDV8IDM1fCAtMTAlfC0yMCV8CnwyMDE4fCA1MHwgNDB8IDAlfDAlfAp8MjAxOXwgNTV8IDQ1fCAxMCV8MjAlfAp8MjAyMHwgMzV8IDI1fCAtMjAlfC00MCV8CnwyMDIxfCAzMHwgMjB8IC0xMCV8LTIwJXwKfDIwMjJ8IDQwfCAzMHwgMTAlfDIwJXwKCui1hOaWmeadpea6kO+8muebiOidtue9ke+8jOWbveS/oeivgeWIuOe7j+a1jueglOeptuaJgOaVtOeQhg==
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第5頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第6頁
fCDml6XmnJ8gfCDpppbml4XphZLlupcgfCDplKbmsZ/phZLlupcgfCDljY7kvY8gfAp8LS0tLS0tfC0tLS0tLS0tfC0tLS0tLS0tfC0tLS18CnwgMjAyMOW5tDEy5pyIMzHml6UgfCAyMCUgfCA0MCUgfCAzMCUgfAp8IDIwMjHlubQxMuaciDMx5pelIHwgNTAlIHwgNzAlIHwgNjAlIHwKfCAyMDIy5bm0MTLmnIgzMeaXpSB8IC0xMCUgfCAtMjAlIHwgLTEwJSB8CgrotYTmlpnmnaXmupDvvJpXaW5k77yM5Zu95L+h6K+B5Yi457uP5rWO56CU56m25omA5pW055CG
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第7頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第8頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第9頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第10頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第11頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第12頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第13頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第14頁
fCDlnLDljLogIHwg5YWl5L2P546H5oyH5pWwICB8IOWuouaIv+aUtuWFpeaMh+aVsCAgfAp8LS0tLS0tLXwtLS0tLS0tLS0tfC0tLS0tLS0tLS18Cnwg6KW/5YyXICAgfCA5MSAgICAgICB8IDExNSAgICAgIHwKfCDopb/ljZcgICB8IDk5ICAgICAgIHwgMTE4ICAgICAgfAp8IOWNjuWMlyAgIHwgODcgICAgICAgfCAxMTEgICAgICB8Cnwg5Y2O5LitICAgfCA4OCAgICAgICB8IDEwOSAgICAgIHwKfCDljY7kuJwgICB8IDk3ICAgICAgIHwgMTE1ICAgICAgfAp8IOWNjuWNlyAgIHwgOTQgICAgICAgfCA5OSAgICAgICB8Cnwg5Lic5YyXICAgfCA5OCAgICAgICB8IDEzNSAgICAgIHw=
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第15頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第16頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第17頁
fCDphZLlupflkI3np7AgIHwgMjAxOVExLVEzIHwgMjAyM1ExLVEzIHwg5Y+Y5YyW546HIHwKfC0tLS0tLS0tLXwtLS0tLS0tLS18LS0tLS0tLS0tfC0tLS0tLS18Cnwg5Y2O5L2P6YWS5bqXICAgfCA4MCAgICAgIHwgMTIwICAgICB8ICs1MCUgIHwKfCDkuprmnLXphZLlupcgICB8IDIwICAgICAgfCA0MCAgICAgIHwgKzEwMCUgfAp8IOmUpuaxn+mFkuW6lyAgIHwgNjAgICAgICB8IDcwICAgICAgfCArMTYuNyV8Cnwg6aaW5peF6YWS5bqXICAgfCA0MCAgICAgIHwgNTAgICAgICB8ICsyNSUgIHwKCgrotYTmlpnmnaXmupDvvJrlhazlj7jlhazlkYrvvIzlm73kv6Hor4HliLjnu4/mtY7noJTnqbbmiYDmlbTnkIY=
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第18頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第19頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第20頁
fCDlubTku70gfCDkvY7otKjph4/nu4/mtY7lnovova/lk4HniYzlkozmsYnluq0xLjDljaDmr5QgfCDmsYnluq0yLjflj4rku6XkuIrljaDmr5QgfAp8LS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLXwKfCAyMDIwIHwgMjUuOSUgICAgICAgICAgICAgICAgICAgICAgIHwgMTQuMyUgICAgICAgICAgICB8CnwgMjAyMSB8IDE5LjMlICAgICAgICAgICAgICAgICAgICAgICB8IDE5LjglICAgICAgICAgICAgfAp8IDIwMjIgfCAxMy40JSAgICAgICAgICAgICAgICAgICAgICAgfCAyMy43JSAgICAgICAgICAgIHwKfCAyMDIzIHwgOC4yJSAgICAgICAgICAgICAgICAgICAgICAgIHwgMjYuOCUgICAgICAgICAgICB8CgrotYTmlpnmnaXmupDvvJrlhazlj7jlhazlkYrvvIzlm73kv6Hor4HliLjnu4/mtY7noJTnqbbmiYDmlbTnkIY=
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第21頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第22頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第23頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第24頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第25頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第26頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第27頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第28頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第29頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第30頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第31頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第32頁
5oqx5q2J77yM5oiR5peg5rOV5o+Q5Y+W5Zu+54mH5Lit55qE5pWw5o2u5bm255Sf5oiQ6KGo5qC844CC6K+35oKo5o+Q5L6b5paH5pys5L+h5oGv77yM5oiR5bCG5biu5Yqp5oKo55Sf5oiQ6KGo5qC844CC
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第33頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第34頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第35頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第36頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第37頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第38頁
fOW5tOS7vSAgfOS4reWbveWcsOWMulJldnBhbCB85ZCM5q+U5aKe6ZW/77yI5Lit5Zu977yJIHzkuprlpKrlubPlnYdSZXZwYWwgfOWQjOavlOWinumVv++8iOS6muWkqu+8iSB8CnwtLS0tLS0tfC0tLS0tLS18LS0tLS0tLXwtLS0tLS0tfC0tLS0tLS18CnwyMDE4ICB8NTDlt6blj7N8MzUl5bem5Y+zfDcw5bem5Y+zfDMwJeW3puWPs3wKfDIwMTkgIHw0NeW3puWPs3wyNSXlt6blj7N8NjXlt6blj7N8MjAl5bem5Y+zfAp8MjAyMCAgfDMw5bem5Y+zfC0zNSXlt6blj7N8MzDlt6blj7N8LTQwJeW3puWPs3wKfDIwMjEgIHwzNeW3puWPs3wyNSXlt6blj7N8NDDlt6blj7N8MzAl5bem5Y+zfAp8MjAyMiAgfDMw5bem5Y+zfC0yMCXlt6blj7N8NDXlt6blj7N8MjAl5bem5Y+zfAp8MjAyM1ExfDQw5bem5Y+zfDMwJeW3puWPs3w2MOW3puWPs3w0MCXlt6blj7N8CgrotYTmlpnmnaXmupDvvJpTVFLvvIxDb2xsaWVyc++8jOWbveS/oeivgeWIuOe7j+a1jueglOeptuaJgOaVtOeQhg==
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第39頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第40頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第41頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第42頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第43頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第44頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第45頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第46頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第47頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第48頁
fCDphZLlupfnsbvlnosgICB8IDIwMTkuMTIgfCAyMDIzLjkgIHwg5aKe6ZW/546HICAgfAp8LS0tLS0tLS0tLS0tfC0tLS0tLS0tLXwtLS0tLS0tLS18LS0tLS0tLS18Cnwg5Y2O5L2P6YWS5bqX55u06JClIHwgMTAwLDAwMCB8IDk5LDAwMCAgfCAtMSUgICAgfAp8IOWNjuS9j+mFkuW6l+WKoOebnyB8IDQwMCwwMDAgfCA4MDAsMDAwIHwgKzcyJSAgIHwKfCDkuprmnLXphZLlupfnm7TokKUgfCA1MCwwMDAgIHwgNjAsMDAwICB8ICsxOCUgICB8Cnwg5Lqa5py16YWS5bqX5Yqg55ufIHwgMzAsMDAwICB8IDEwMCwwMDAgfCArMTc1JSAgfAp8IOmUpuaxn+mFkuW6l+ebtOiQpSB8IDEwMCwwMDAgfCA3MCwwMDAgIHwgLTI5JSAgIHwKfCDplKbmsZ/phZLlupfliqDnm58gfCA2MDAsMDAwIHwgMSwwMDAsMDAwfCArNTMlICAgfAp8IOmmluaXhemFkuW6l+ebtOiQpSB8IDEwMCwwMDAgfCA3MCwwMDAgIHwgLTIzJSAgIHwKfCDpppbml4XphZLlupfliqDnm58gfCAzMDAsMDAwIHwgNDAwLDAwMCB8ICszMCUgICB8
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第49頁
fCDphZLlupcgICB8IDIwMTlIMSB8IDIwMjNIMSB8IDIwMTlRMyB8IDIwMjNRMyB8CnwtLS0tLS0tLXwtLS0tLS0tLXwtLS0tLS0tLXwtLS0tLS0tLXwtLS0tLS0tLXwKfCDkuprmnLXphZLlupcgfCAyMiUgICAgfCAyMSUgICAgfCAxNCUgICAgfCAyOCUgICAgfAp8IOWNjuS9j+mFkuW6lyB8IDE0JSAgICB8IDE0JSAgICB8IDIyJSAgICB8IDI4JSAgICB8Cnwg6ZSm5rGf6YWS5bqXIHwgNiUgICAgIHwgMTIlICAgIHwgOSUgICAgIHwgMTclICAgIHwKfCDpppbml4XphZLlupcgfCA4JSAgICAgfCA5JSAgICAgfCAxNSUgICAgfCAxNyUgICAgfA==
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第50頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第51頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第52頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第53頁
fCDphZLlupflkI3np7AgfCAyMDE4LjEyIHwgMjAxOS4xMiB8IDIwMjMuOSB8CnwgLS0tIHwgLS0tIHwgLS0tIHwgLS0tIHwKfCDljY7kvY/phZLlupcgfCA0MDAsMDAwIHwgNjQwLDAwMCB8IDgwMCwwMDAgfAp8IOS6muactemFkuW6lyB8IDEwLDAwMCB8IDI2LDAwMCB8IDQzLDAwMCB8Cnwg6ZSm5rGf6YWS5bqXIHwgNjAwLDAwMCB8IDcwMCwwMDAgfCAxLDAwMCwwMDAgfAp8IOmmluaXhemFkuW6lyB8IDQwMCwwMDAgfCA1MDAsMDAwIHwgNDcwLDAwMCB8CgrotYTmlpnmnaXmupDvvJrlhazlj7jlhazlkYrvvIzlm73kv6Hor4HliLjnu4/mtY7noJTnqbbmiYDmlbTnkIY=
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第54頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第55頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第56頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第57頁
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第58頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第59頁
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
華住酒店：低質量輕管理門店和漢庭1.0門店占比持續降低_第60頁
所屬報告： 酒店行業深度專題：“不確定的周期”與“確定的成長”酒店集團進擊新時代-231211（51頁）.pdf
打包全文圖表

相關數據

最新數據
聯系我們
  • 0731-84720580
  • sgpjbg002
  • 工作日 9:30 - 18:00
關于我們
侵權處理
關于我們

三個皮匠報告專業的行業報告下載站，每日更新，歡迎大家關注！

copyright@2008-2013 長沙景略智創信息技術有限公司版權所有
網站備案/許可證號：湘B2-20190120

客服
商務合作
小程序
服務號
折疊
午夜网日韩中文字幕,日韩Av中文字幕久久,亚洲中文字幕在线一区二区,最新中文字幕在线视频网站