China Lodging Group (HTHT) Misses Q4 EPS by 4c, Offers FY15 Guidance
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China Lodging Group, Limited Reports Fourth Quarter and Full Year 2014 Financial Results
March 10, 2015 4:30 PM EDTA total of 1,995 hotels or 209,955 hotel rooms in operation as of December 31, 2014 Net revenues increased 15.7% year-over-year to RMB1,296.2 million (US$208.9 million) 1 for the fourth quarter and 19.1% to RMB4,964.7million (US$800.2 million) for the full year of 2014, in line with the guidance previously announced. Adjusted EBITDA (non-GAAP) decreased 4.8% year-over-year to RMB206.2 million (US$33.2 million)for the fourth quarter and increased 14.8% to RMB1,001.5 million (US$161.4 million)for the full year of 2014. Net income attributable to China Lodging Group, Limited was RMB46.8 million (US$7.5 million) for the fourth quarter and... More
