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Home Inns achieves revenue growth in 2009.
Thursday, 25th March 2010
Source : HVS International
Home Inns recorded total revenue of approximately US$380 million in 2009, reflecting a 39% growth from 2008.

In 2010, the hotel operator is targeting to add more than 180 new hotels in China, including more than 80 hotels under lease and a further 90 under franchise agreements.

Total revenue for 2010 is forecast to register a growth of between 18% and 22%.

For the first quarter of 2010, total revenue is expected to record approximately US$95 million, a 22% to 26% growth as compared to the same period in 2008.

www.hvs.com

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