Every reporter Li Yazing from Guangzhou recently, the budget hotel two quarterly earnings release. The first quarter, such as home, Han Court, 7 days in the increase in revenue at the same time the net profit has slipped. And the 3 hotels have released two quarterly results, the two quarter, such as home Hanting performance continued to decline, surprisingly, 7 days not only to reverse the trend of net profit decline, but angrily rose nearly 50%. 7 days, this benefits from its rapidly expanding hotel network. 7 Days yesterday (August 17) released two quarterly earnings, two-quarter net revenue of 497 million yuan, a year-on-year increase of 41.2%, more than the company 475 million to 485 million yuan net revenue forecasts. It is noteworthy that the first quarter of this year, net profit fell 7 days, two quarter net profit received 45.1 million yuan, not only reversed the decline, but also increased by 49.4%. As for the two quarterly earnings of home Hanting, net profits fell 10.1% and 40% per cent at the same time as revenue growth. 7 days the rise in net profit is attributable to the rapidly expanding hotel network. Yi Travel advisory believes that 7 days mainly rely on the number of rooms to drive revenue, 7 days in the first half of the shop 154. The Han court and the first half of the new shop opened 78 and 120 respectively. There is industry analysis that this year's economic hotel net profit decline is due to the hotel expansion speed has reached a certain degree, at the same time, the recent two years a significant rise in the cost and economic hotel prices difficult to pull up the characteristics of the joint role, squeezing the net profit space. However, cost pressures have not changed the enthusiasm of several economic hotels to expand. According to the disclosure, the Chinese court announced next year plans to open 240~250 new store. and 7 days will be 2011 Management Shop Open Shop plan from 210 to 240. In addition, "Daily economic news" reporter Ploy Brigade Consulting learned that the first half of the new hotel opened about half of the three or four-line city, of which the north of the Huai River stores accounted for 65%; Han court and Jinjiang star also to the Yangtze Delta as the center of the surrounding provinces radiation. And last month 7 days also officially announced the acquisition of 136 million Yuan Hunan Huatian star 21 Hotels, further consolidate the advantages in South China. 7 Days chain Hotel Group CEO Zheng yesterday also revealed that the next 7 days, in addition to continue to adhere to the single brand development strategy, relying on its own growth ability to accelerate brand expansion, similar to the star of the Chinese-made acquisition will become the company's future development of additional growth momentum.
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