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China Lodging Group, Limited Reports First Quarter of 2014 Results
May 13, 2014
As of March 31, 2014, the Company had a total of 1,530 hotels or 164,192 hotel rooms in operation and 412 leased and manachised hotels in the pipeline. Net revenues increased 19.3% year-over-year for the first quarter, in line with the guidance. Adjusted EBITDA from operating hotels (non-GAAP) 1
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