Budget hotels say they have lots of room for expansion
By Wang Wen | China Daily | Updated: 2012-08-27 08:04
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A Home Inns hotel in Changzhou city, in East China's Jiangsu province. Home Inns suffered a loss in net profits in the first quarter of 2012 because of an operating loss by Motel 168, according to its financial report. Wang Qiming / For China Daily |
They are also looking to enter different market sectors in the hunt for profits
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