In this era of change, it is surely a path without clear direction, but every previous pioneer, who was full of passion and vision, dreamt of becoming a new giant in their industry. Although their starting points and courses were different, they chose the same goal. through industry restructuring, to create a new type of group and establish a structure capable of participating in international competition. Therefore, Dr. Dai's new book, Industrial Reorganization & Group Management of State-Owned Hotels, is very timely with its comprehensive research, thorough information, practical and thoughtful analysis, and innovative thinking. It will be an extremely valuable reference and guide for operations in our endeavors.

Chapter 1 Introduction

 Section Ⅰ Background and Significance of the Research

 Section Ⅱ Literature Review

 Section Ⅲ Research Framework, Techniques and Main Points of View

Chapter 2 The Value Orientation and Typical Modes of the State- Owned Hotel Industrial Reorganization

 Section Ⅰ The Value Orientaiion of the State-Owned Hotel Industrial Reorganization

 Section Ⅱ The Route and Mode of the State-Owned Hotel Industrial Reorganization

 Section Ⅲ The Affecting Factors of the State-Owned Hotel Industrial Reorganization

Chapter 3 Research on the Reorganization of Hotels Attached to Central Government (1)

 Section Ⅰ CNAHTS——From Supporting Institutions to Independent Market Operators

 Section Ⅱ Top Glory International——Major Business Transformation under the Industrialization Strategy

 Section Ⅲ Orient Hotel——Transition Platform of State-Owned Bank Assets Disposition

Chapter 4 Research on the Reorganization of Hotels Attached to Central Government (2)

 Section Ⅰ The Jinmao Group——a Specialized Group with a Diversified Shareholding Structure

 Section Ⅱ Daqing Petroleum Development Group——Undertaker of Resource-Based Industrial Reorganization

 Section Ⅲ China Railway Hotel——Separation of Main Business from the Secondary Business yet to be Completed

 Section IV Quintessence Tourism——State-Owned Hotel Industry Shift from Monopoly to Competition

Chapter 5 Research on the Establishment Strategy of Hotel Groups　Attached to the Central Government

 Section Ⅰ The Background of the Formation of the Central Enterprise-Led Hotel Industry Groups

 Section Ⅱ Market Oriented National Hotel Leaders

 Section Ⅲ Conception of Administration-Driven Market Leaders

Chapter 6 Research on the Reorganization of Hotels Attached to Local Governments (1)

 Section Ⅰ Jinjiang International——from a Political Accommodations Organization to a Compound Industry Group

 Section Ⅱ Beijing Tourism Group——Integration of Hotel Assets in a Multiple Operations Platform

 Section Ⅲ Lingnan International——Industrial Restructuring after the Handover of Property Rights

Chapter 7 Research on the Reorganization of Hotels Attached to Local Governments (2)

 Section Ⅰ TEDA Hotel——Industry Integration Relying on the International Capital Market

 Section Ⅱ Xiamen C&D Corporation Ltd.——Internal Integration and Regional Expansion

 Section Ⅲ The Hebei Construction Investment Corporation——A Competitor Which Passively Entered the Hotel Industry

Chapter 8 Governance Structure and Management Modes of State- Owned Hotel Groups

 Section Ⅰ Factors Impacting the State-Owned Hotel Group Management Mode

 Section Ⅱ Connecting Modes and Property Rights Levels of State- Owned Hotel Groups

 Section Ⅲ Shareholding Structure and Governance Structure Design　of the State-Owned Hotel Groups

 Section Ⅳ The Internal Operations and Control of State-Owned　Hotel Groups

Chapter 9 Research on the Development Strategy of State-Owned Hotel Groups

 Section Ⅰ Development Goals and Strategic Framework of State-Owned Hotel Groups

 Section Ⅱ The Development Path of State-Owned Hotel Groups

 Section Ⅲ The Security and Support Systems of State-Owned　Hotel Groups

Chapter 10 Development Trends in the Reorganization and　Grouping of State-Owned Hotels

 Section Ⅰ Impact and Strategic Direction of State-Owned Hotel　Reorganization

 Section Ⅱ Rational Construction in the Process of Reorganization and　Grouping of State-Owned Hotels

 Section Ⅲ The Opportunities of Hotel Groups in China and the Historical Responsibility of Entrepreneurs

Postscript