China Lodging Group (HTHT) Tops Q4 EPS by 1c

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Go back to China Lodging Group (HTHT) Tops Q4 EPS by 1c

China Lodging Group, Limited Reports Fourth Quarter and Full Year 2016 Financial Results

March 14, 2017 5:00 PM EDT

A total of 3,269 hotels or 331,347 hotel rooms in operation as of December 31, 2016.Net revenues increased 10.9% year-over-year to RMB1,669.9 million (US$240.5 million) 1 for the fourth quarter and 13.2% to RMB6,538.6 million (US$941.8 million) for the full year of 2016, in line with the guidance previously announced.Adjusted EBITDA (non-GAAP) increased 18.4% year-over-year to RMB379.3 million (US$54.6 million) for the fourth quarter and increased 34.9% to RMB1,785.8 million (US$257.2 million) for the full year of 2016. Net income attributable to China Lodging Group, Limited was RMB125.9 million (US$18.1 million) for the fourth quarter and RMB804.6 million (US$115.9 million)... More