Economy Hotels Quarterly: Q1 2011
In Q1, industry RevPAR grew 13% y-o-y, primarily because of rate hikes during the past year. We expect Home Inns' (Nasdaq:HMIN) Q1 revenues to beat guidance and China Lodging's (Nasdaq:HTHT) and Seven Days Inns' (NYSE:SVN) to at least meet their guidance.
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