China Lodging Group (HTHT) PT Bumped to $52 at Brean Capital
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China Lodging Group, Limited Reports Third Quarter of 2016 Results
November 14, 2016 4:10 PM ESTA total of 3,198 hotels or 322,785 hotel rooms in operation as of September 30, 2016Net revenues increased 10.9% year-over-year to RMB1,773.8 million (US$266.0 million)Â 1Â for the third quarter of 2016, in line with the guidance previously announced.Income from operations increased 24.6% year-over-year to RMB351.0 million (US$52.6 million) for the third quarter of 2016.Adjusted EBITDA (non-GAAP) increased 20.2% year-over-year to RMB558.5 million (US$83.8 million) for the third quarter of 2016.Net income attributable to China Lodging Group, Limited increased 31.4% year-over-year to RMB293.9 million (US$44.1 million) for the third... More
