Senior Management to Present at Two Investment Conferences in January
SHANGHAI, China, Jan. 25 /Xinhua-PRNewswire/ -- Home Inns & Hotels
Management Inc. (Nasdaq: HMIN), a leading economy hotel chain in China, today
announced that as of December 31st, 2006, Home Inns had a total of 134 hotels
in operation in 39 cities, including 94 leased-and-operated hotels and 40
franchised-and-managed hotels. As of the same date, Home Inns had an
additional 48 hotels under contract, of which 28 are leased-and-operated
hotels and 20 are franchised-and-managed hotels.
''We are pleased to have added 27 hotels in operation to our hotel chain
in the fourth quarter of 2006,'' said Mr. David Sun, Home Inn's Chief
Executive Officer. ''We believe that the fragmentation in China's hotel
market today presents many opportunities for us to expand our network going
forward.''
On January 30, 2007, Ms. May Wu, Home Inn's Chief Financial Officer, will
speak from 8:30am to 9:00am (PRC time) at the UBS Greater China Conference.
The event will be held at the Pudong Shangri-la in Shanghai, China. Please
contact your UBS representative to request an invitation to the conference.
Ms. Wu will also deliver a presentation at the Deutsche Bank Access China
Conference on January 31, 2007 from 10:30am to 11:30am (PRC time) at the Grand
Hyatt Hotel in Beijing, China. Please contact your Deutsche Bank
representative to request an invitation to the conference.
About Home Inns
Home Inns is a leading economy hotel chain in China based on the number of
hotels and hotel rooms, as well as the geographic coverage of the hotel chain.
Since Home Inns commenced operations in 2002, it has become one of the best-
known economy hotel brands in China. Home Inns offers a consistent product
and high-quality services to primarily serve the fast growing population of
value-conscious individual business and leisure travelers who demand clean,
comfortable and convenient lodging. Home Inns' ADSs, each of which represents
two ordinary shares, are currently trading on the NASDAQ Global Market under
the symbol ''HMIN.'' For more information about Home Inns, please visit
http://english.homeinns.com .
For investor and media inquiries, please contact:
In China:
Ms. Angela Li
Home Inns & Hotels Management Inc.
Tel: +86-21-6486-1818 x2004
Email: xlli@homeinns.com
Mr. Rory Macpherson
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-6553
Email: rory.macpherson@ogilvy.com
SOURCE Home Inns & Hotels Management Inc.
-0- 01/25/2007
/CONTACT: Ms. Angela Li of Home Inns & Hotels Management Inc.,
+86-21-6486-1818 x2004, or xlli@homeinns.com; or Mr. Rory Macpherson of Ogilvy
Public Relations Worldwide, +86-10-8520-6553 or rory.macpherson@ogilvy.com,
for Home Inns /
/Web Site: http://english.homeinns.com /
(HMIN)
CO: Home Inns & Hotels Management Inc.
ST: China
IN: LEI TRA
SU: ASI
KY
-- CNTH019 --
4495 01/25/2007 08:00 EST http://www.prnewswire.com