The result reveals that"quality of enterprise", "management ability", "profit capacity"have significant effect, while other three respects have no significant effect.

实证结果显示《指导意见》规定的“企业素质”、“经营能力”、“获利能力”三方面对评级结果有显著影响，而其他三方面无显著作用。

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Even if there was no profit, as was often the case after accounting for the owner's financing costs, the management company could be sure to stay comfortably in the black.

ECONOMIST: Asia��s hotels