Unfortunately, there's no 'standard' that every guide/site/etc. uses -- each publication ranks properties however they see fit. So, theoretically, one organization may rank a hotel as a 5-star, but a different company may rank the same hotel as a 4-star, depending on their own system.
However, you'll find that most companies use the following when determing how to rank a hotel:
1 star = Economy
2 stars = Value
3 stars = Quality
4 stars = Superior
5 stars = Exceptional
Check this link over at Wikipedia for a good rundown of the ratings:
http://en.wikipedia.org/wiki/Star_%28classification%29#General_meaning_of_hotel_rating_by_stars
no, clubs like AAA decide
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