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Home Inns & Hotels Management Inc

 
Hoover's Profile: Home Inns & Hotels Management Inc.
(NASDAQ (GM):HMIN)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Home Inns & Hotels Management Inc.
400 Tian Yao Qiao Rd.
Shanghai 200030, China
Tel. +86-21-6486-1818

Type: Public
On the web: http://www.homeinns.com
Employees: 12,686
Employee growth: 52.7%

Home Inns & Hotels Management aims to provide a home away from home in China. The company operates and manages about 470 economy hotels under the Home Inn banner in nearly 100 cities across the country, including most major cities and tourist destinations. The company leases properties that it develops and operates; it also franshises its brand for other hotel owners, and Home Inns then manages the properties. With more than 55,000 rooms, Home Inns locations cater to both business and leisure travelers and feature such amenities as free broadband Internet access and workspaces.

Key numbers for fiscal year ending December, 2008:
Sales: $256.7M
One year growth: 97.9%
Net income: $14.8M
Income growth: 202.2%

Officers:
Co-Chairman: Yunxin Mei
Co-Chairman: Neil N. Shen
CEO and Director: David Jian Sun

Competitors:
Accor
Best Western
Wyndham Worldwide

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