Although many have simplified since 1990, most are still fiddly, with intricate chains of holding companies and subsidiaries.

虽然从1990年开始，很多集团简化了，大多却依旧繁杂，他们有错综复杂的连锁控股公司和子公司。

youdao

But although discounting has helped offset even steeper declines, it has eaten up the revenues of hotel chains and of the government.

尽管折扣遏制了严峻的下降趋势，但同时也吞食了酒店业和相关的财政收入。

youdao

Although they have offloaded much of the risk posed by the recession, the big hotel chains have exposed themselves to two new dangers.

尽管大型宾馆已经减小了衰退带来的风险，但他们仍暴露在两大新的危机之下。

youdao

Although they have offloaded much of the risk posed by the recession, the big hotel chains have exposed themselves to two new dangers.

尽管大型宾馆已经减小了衰退带来的风险，但他们仍暴露在两大新的危机之下。

youdao