{"id":30659,"date":"2011-03-11T05:30:20","date_gmt":"2011-03-10T21:30:20","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/en\/?p=19694"},"modified":"2011-03-11T05:30:20","modified_gmt":"2011-03-10T21:30:20","slug":"uprated-hotel-numbers-target-for-7-days-group","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2011\/03\/11\/30659\/","title":{"rendered":"Uprated Hotel Numbers Target For 7 Days Group"},"content":{"rendered":"<p>China-based economy hotel chain 7 Days Group, has set a target of 290 new hotel openings for 2011, up from its initial target of 240.<!--more--><\/p>\n<p>The company said in its full-year financial results report that, as of December 31, 2010, the group had 568 hotels in operation, consisting of 321 leased-and-operated hotels and 247 managed hotels: representing a total of 56,410 rooms in 89 cities.<\/p>\n<p>In the fiscal year 2010 it added a record number of 231 hotels to its portfolio with 85 new leased-and-operated hotels and 146 new managed hotels.<\/p>\n<p>As of December 31, 2010, the number of 7 Days Club members had increased to 16.5 million, almost 70% up from 9.75 million in the previous year. And repeat customers accounted for 80% of total room nights in the fourth quarter of 2010.<\/p>\n<p>Alex Nanyan Zheng, the CEO of 7 Days Group, commented in the annual report that the chain's impressive growth in 2010 had further strengthened the 7 Days Inn brand and it had become the second largest economy hotel chain in China in terms of both number of hotels and number of rooms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China-based economy hotel chain 7 Days Group, has set a target of 290 new hotel openings for 2011, up from its initial target of 240.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[13322,13323,12870,12871,13324],"class_list":["post-30659","post","type-post","status-publish","format-standard","hentry","category-english","tag-7-days-group","tag-7-days-inn","tag-budget-hotel","tag-economy-hotel","tag-financial-report"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/30659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=30659"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/30659\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=30659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=30659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=30659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}