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Home Inns Reports Results For Chinese Budget Hotel Sector

Aggregated Source: China Hospitality News
May 14, 2008|

China's budget hotel company Home Inns & Hotels announced its unaudited financial results for the quarter ended March 31st, 2008 and said total revenues for the quarter increased by 94.9% year-over-year to RMB357.0 million, including revenues of RMB28.2 million the recently acquired Top Star hotel chain. Loss from operations for the quarter was RMB 7.8 million. [...]

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