Ctrip.com Raises Holdings In Home Inns
Ctrip.com International, an online travel service provider in China, has raised its holdings in Home Inns & Hotels to 8.72% from the previous 7.55%.
China's Home Inns Renames Group
Chinese budget hotel chain Home Inns & Hotels has been formally renamed Home Inns Hotel Group.
Home Inns Reports China Revenue Up 98% Year On Year
Home Inns, the China based economy hotel chain, has published its unaudited financial reports for the quarter ended September 30, 2008.
Home Inns Launches New Brand In China
Chinese budget hotel chain Home Inns intends to develop in the domestic medium- and high-end business hotel market to improve its overall operating profit margin.
Tianjin To Add 30 Budget Hotels Over Next Two Years
According to local media, Tianjin will add 30 new budget hotels throughout its six districts over the next two years.
Home Inns Shows Chinese Budget Hotels Have Solid Growth
Chinese budget hotel chain Home Inns & Hotels announced its unaudited financial results for the quarter ended June 30th, 2008 and says total revenues for the quarter increased 93.0% year-over-year to CNY448.1 million, including revenues of CNY38.4 million from its Top Star hotel chain which they acquired last year.
Tianjin Star-grade Hotels Increase Rates For Olympics
According to local media, in addition to the official reception hotels for the Olympic Games, most other star-grade hotels in Tianjin have increased their rates for the Olympic period.
Home Inns To Add 15 Outlets In Kunming
Home Inns has signed with the Huizhou Branch and Nanjing Branch of Kunming Investment Promotion Bureau for adding 15 outlets in Kunming.
Home Inns: Earthquake Has Little Influence, Olympics Won't Bring Gold In China
Chinese budget hotel operator and franchiser Home Inns & Hotels has announced an update on the impact from the recent earthquake in western China and says the upcoming Olympics in Beijing won't bring the company any significant amount of new revenue.
Home Inns Launches Donation Campaign Around The Country
After the earthquake hit Sichuan, domestic budget hotel brand Home Inns says it took action to support the rescue work in disaster areas.
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.