Home Inns Group is a leading economy hotel chain in China based on the number of hotels and hotel rooms as well as geographic coverage. Since Home Inns Group commenced operations in 2002, it has built Home Inn as one of the best-known economy hotel brands in China. In October of 2011, Home Inns Group acquired Motel 168, another well-known hotel chain in China, as its second economy hotel brand. Home Inns Group aims to offer a consistent product and high-quality services to primarily serve the fast growing population of value-conscious individual business and leisure travelers who demand clean, comfortable and convenient lodging.
2,180 Hotels in 287 Cities in China at Year End
Full Year Income from Operations Improved 91.6% and EBITDA Grew 37.2%
SHANGHAI, March 12, 2014 /PRNewswire/ -- Home Inns & Hotels Management Inc. (NASDAQ: HMIN) ("Home Inns Group" or "the Company"), a leading economy hotel chain in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2013.
Fourth Quarter and Full Year 2013 Financial Highlights
Total revenues increased ...
SHANGHAI, March 10, 2014 /PRNewswire/ -- Home Inns & Hotels Management Inc. (NASDAQ: HMIN) ("Home Inns Group" or "the Company"), a leading economy hotel chain operator in China, today announced that it has signed a legally binding memorandum of understanding to acquire 100% ownership of Yunshang Siji Hotel Management Company ("Yunshang Siji") from Kunming Department Store (Group) Co., Ltd., a publicly listed company in the domestic A-share market, for a cash purchase price of RMB 230 million...
SHANGHAI, Feb. 12, 2014 /PRNewswire/ -- Home Inns & Hotels Management Inc. (NASDAQ: HMIN) ("Home Inns Group" or "the Company"), a leading economy hotel chain in China, today announced that it will report its financial results for the fourth quarter and full year 2013 on Wednesday, March 12, 2014 after the U.S. market closes. Management of Home Inns Group will hold an earnings conference call on Wednesday, March 12, 2014 at 9 PM U.S. Eastern Time (Thursday, March 13, 2014 at 9 AM Beijing / Ho...
SHANGHAI, Dec. 16, 2013 /PRNewswire/ -- Home Inns & Hotels Management Inc. (NASDAQ: HMIN) ("Home Inns Group" or "the Company"), a leading economy hotel chain operator in China, today announced that its economy hotel brand "Home Inn" was ranked number 67 of the BrandZ™ Top 100 Most Valuable Chinese Brands 2014 by Millward Brown, the world's second largest market research organization and a subsidiary of WPP plc. BrandZ™ 2014 ranked "Home Inn" number 17, and number 1 in the hotel category, by ...
Home Inns & Hotels Management Inc. No.124 Cao Bao Road, Xu Hui District Shanghai 200235, PRC Phone: +86 21 33373333 Fax: +86 21 64835660
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