The China Lodging Group has reported net profits of CNY215.8 million (US$32.7 million) for full-year 2010 – a rise of 407.8% compared to CNY42.5 million it registered in 2009. The group’s total revenues for 2010 were CNY1.84 billion – 37.8% up year-on-year. China Lodging opened 202 new hotels in 2010, and now operates a portfolio of 438 hotels across 65 cities in China.
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