Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor | School of Hotel and Tourism Management | en_US |
| dc.creator | 馬江 | - |
| dc.creator | Ma, Jiang | - |
| dc.identifier.uri | https://theses.lib.polyu.edu.hk/handle/200/3384 | - |
| dc.language | Chinese | en_US |
| dc.publisher | Hong Kong Polytechnic University | - |
| dc.rights | All rights reserved | en_US |
| dc.title | 中國飯店業試行美式不動產投資信托分析 | en_US |
| dc.title | Zhongguo fan dian ye shi xing Mei shi bu dong chan tou zi xin tuo fen xi | en_US |
| dcterms.abstract | With a review and an introduction of the development of the Real Estate Investment Trusts in the capital market of American hotel industry, this paper discussed the issues on developing real estate investment trusts in China including the conditions, modes of developing real estate investment trusts, and the feasibility of approaches to financing hotel development projects in future China. The earliest modem real estate investment trusts was established in America in 1960. Meanwhile, The National Bill of Real Estate Investment Trust was issued in America, encouraging medium and small sized companies' investments in real estate industry. The bill is the symbol of foundation of Modem REIT. REIT developed rapidly in 1990s in America gradually emerge as a matured capital market. With a highlight of REIT in American hospitality industry, this paper introduced REIT 's foundation, development and relevant things. China's hotel industry witnessed great changes over the past 20 years. Its development in the past shared similarity to American hospitality industry. Generally speaking, a hotel industry development depends on its national GDP growth. To date, China hotel industry as a whole is suffering from financial loss due to the fact that supply is greater than demand. Therefore, REIT, one form of stock of assets, seems to have a need in China's hotel industry. Nowadays, real estate investment trusts have been widely received attentions and studies from researchers and practitioners in China's real estate industry. The Chinese government is stipulating regulations on industry trust investment, laying a solid foundation for the growth of real estate investment trusts. In an attempt to look for a new approach to solve the capital problem in China's hotel industry, this paper discussed the significance and modes in developing real estate investment trusts in the hotel industry in China. | en_US |
| dcterms.extent | 58 p. ; ill., map, charts ; 30 cm | en_US |
| dcterms.isPartOf | PolyU Electronic Theses | en_US |
| dcterms.issued | 2003 | en_US |
| dcterms.educationalLevel | All Master | en_US |
| dcterms.educationalLevel | M.Sc. | en_US |
| dcterms.LCSH | Real estate investment trusts -- China | en_US |
| dcterms.LCSH | Real estate investment trusts -- United States | en_US |
| dcterms.LCSH | Hotels -- China | en_US |
| dcterms.LCSH | Hotels -- United States | en_US |
| dcterms.accessRights | restricted access | en_US |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| b17341164.pdf | For All Users (off-campus access for PolyU Staff & Students only) | 3.09 MB | Adobe PDF | View/Open |
Copyright Undertaking
As a bona fide Library user, I declare that:
- I will abide by the rules and legal ordinances governing copyright regarding the use of the Database.
- I will use the Database for the purpose of my research or private study only and not for circulation or further reproduction or any other purpose.
- I agree to indemnify and hold the University harmless from and against any loss, damage, cost, liability or expenses arising from copyright infringement or unauthorized usage.
By downloading any item(s) listed above, you acknowledge that you have read and understood the copyright undertaking as stated above, and agree to be bound by all of its terms.
Please use this identifier to cite or link to this item:
https://theses.lib.polyu.edu.hk/handle/200/3384