Company Profile For 7 DAYS GROUP HOLDINGS LIMITED

7 DAYS GROUP HOLDINGS LIMITED (SVN.N) (New York Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Hotels, Motels & Cruise Lines ·

As of 2 Dec 2009

12.86USD

Price Change

+0.65

Percent Change

+5.32%

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Overview

7 Days Group Holdings Limited is a hotel chain based in China. The Company converts and operates limited service economy hotels across metropolitan area in China under its 7 Days Inn brand. As of September 30, 2009, the Company had 283 hotels in operation, 48 of which were managed hotels, with 28,266 hotel rooms in 41 cities, and an additional 77 hotels with 7,476 hotel rooms under conversion. Approximately eight million members have registered with its 7 Days Club as of November 2, 2009.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, 7 Days Group Holdings Limited's Revenues increased 71% to RMB830.8M. Net loss decreased 94% to RMB10.6M. Revenues reflects a rise in room accommodation revenue and higher Souvenir sales. Net loss also reflects a rise in hotel operating costs, higher interest expenses, lower equity in income of an affiliate and the presence of loss of change in fair value of ordinary share purchase vs. an income.

Company Address

7 DAYS GROUP HOLDINGS LIMITED
10F, 705 GuangzhouDaDaoNan Roa
Guangzhou 510290

Total Employees

7588

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