China Lodging Group (NASDAQ: HTHT) reported Q3 EPS of $0.58, $0.10 better than the analyst estimate of $0.48. Revenue for the quarter came in at $251.8 billion versus the consensus estimate of $243.8 billion.

Business Outlook and Guidance

"We are delighted to maintain our strong pipeline amid a fast pace of openings this year. Thanks to the growing popularity of our brand portfolio, the four younger brands have hit 100-hotel milestone, including JI Hotel, Starway Hotel, Elan Hotel and Hi Inn. In spite of a slow macro economy, we focus on guest experience and yield management, which will result in higher brand loyalty among customers and franchisees." commented Mr. Qi Ji, founder and executive Chairman of the Company.

Mr. Ji added, "Our increasing unit growth and solid operational performance should continue to fuel improving margin, growing cash flow and steady returns to shareholders in the long term."

The Company expects its net revenues to grow by 15.5%-18% in the fourth quarter of 2015. For the full year of 2015, the Company projects the growth rate to be within the range of 16.1%-16.8%. The above forecast reflects the Company's current and preliminary view, which is subject to change

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