chinadaily.com.cn
    left corner left corner
    China Daily Website

    Home Inn Group reports 26.8m yuan loss for 2012

    Updated: 2013-03-13 19:43
    By Tang Zhihao in Shanghai ( chinadaily.com.cn)

    NASDAQ-listed budget hotel chain operator Home Inn Group reported a net loss of 26.8 million yuan ($4.31 million) in 2012, down from a 351.5 million yuan net profit in 2011.

    Home Inn's annual revenue increased 46 percent to 5.77 billion yuan in 2012. However, the average occupancy rate was at 86.1 percent, down from 88.8 percent the previous year. Revenue per available room, or RevPAR, which is an indicator of hotel performance, also decreased to 152 yuan to 144 yuan year-on-year.

    The company said the year-on-year decrease in RevPAR was mainly driven by continued market softness in China and relatively weaker economic conditions in lower-tier cities. The relatively lower overall RevPAR of the acquired Motel 168 compared with its organic business also had a negative impact on the group’s RevPAR. Home Inn acquired budget hotel chain Motel 168 for $470 million in 2011.

    Home Inn is not the only Chinese budget hotel chain that saw its RevPAR declining in 2012. The NASDAQ-listed China Lodging Group, which operates budget hotel chain Hanting Inn & Hotel, said its RevPAR declined from 167 yuan to 162 yuan year-on-year, while the NASDAQ-listed 7Days Inn said its RevPAR for all hotels decreased to 131.5 yuan from 136.2 yuan in 2011.

    Zhao Huanyan, an analyst with Hotelsolution Consulting, was quoted by media as saying that budget hotels might enter into a low-profit period because of increasing costs and lower RevPAR.

    8.03K
     
    ...
    ...
    ...
    久久无码一区二区三区少妇| 中文字幕视频在线| 最近免费字幕中文大全| 亚洲av无码一区二区三区人妖| 午夜福利无码不卡在线观看| 最近2019中文字幕一页二页| 最近免费中文字幕MV在线视频3| 无码人妻精品一区二区在线视频| 乱人伦人妻中文字幕无码| 中文字幕乱妇无码AV在线| 国产精品久久久久无码av| 亚洲热妇无码AV在线播放| 精品久久久久中文字| 欧美日韩亚洲中文字幕一区二区三区 | 国产精品无码免费播放| 亚洲AV无码一区二区三区DV| 最近更新免费中文字幕大全| 日韩精品久久无码中文字幕| 亚洲一区无码精品色| 亚洲gv天堂无码男同在线观看| 在线看无码的免费网站| 午夜不卡久久精品无码免费| 曰韩人妻无码一区二区三区综合部| 久久久久亚洲精品中文字幕| 亚洲日本欧美日韩中文字幕 | 中文字幕在线看日本大片| 久久综合中文字幕| 熟妇人妻VA精品中文字幕| 中文字幕AV一区中文字幕天堂| 亚洲AV无码成人精品区大在线| 久久精品无码av| 无码人妻精品一区二区三区东京热 | 国产激情无码视频在线播放性色| 亚洲日韩精品一区二区三区无码 | 无码人妻一区二区三区免费n鬼沢| 曰韩精品无码一区二区三区| 无码精品视频一区二区三区| 色噜噜综合亚洲av中文无码| 4hu亚洲人成人无码网www电影首页| 久久无码AV中文出轨人妻| 中文字幕无码高清晰|