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China Lodging Group, Limited Reports First Quarter of 2016 Results
May 11, 2016
A total of 2,989 hotels or 304,428 hotel rooms in operation as of March 31, 2016. Net revenues increased 18.8% year-over-year to RMB1,438.0 million (US$223.0 million) 1  for the first quarter of 2016, exceeding the high end of the guidance. Adjusted EBITDA (non-GAAP) increased 71.1%
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