Home Inns Reports Results For Chinese Budget Hotel Sector
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.
New Hotel Chain Brand Launched In Wenzhou
Twelve hotels in Wenzhou area have opened under the new Yaxi brand.