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Home Inns & Hotels Management CEO Discusses Q4 2010 Results - Earnings Call Transcript

Home Inns & Hotels Management, Inc. (HMIN)

Q4 2010 Earnings Call

March 7, 2010 8:00 PM ET

Executives

Ethan Ruan – IR

David Sun – CEO

Huiping Yan – CFO

May Wu – Chief Strategy Officer

Analysts

Chris Woronka – Deutsche Bank

Allen Gee – Oppenheimer

Billy Ng – Bank of America

Adam Krejcik – ROTH Capital Partners

Justin Kwok – Goldman Sachs

Fawne Jiang – Brean Murray

Lin He – Morgan Stanley Asia Limited

Noah Hudson – Guotai Junan

Presentation

Operator

Hello and thank you for standing by for Home Inns 2010 fourth quarter and full-year earnings conference call. At this time all participants are in a listen-only mode. (Operator Instructions) I would now like to turn the call over to your host for today’s conference, Ethan Ruan, with Home Inns Investor Relations Manager. Please proceed sir.

Ethan Ruan

Hello everyone, and welcome to our earnings conference call. Our fourth quarter and full-year earnings results were released earlier and are available on the company’s website. With us today is David Sun, our Chief Executive Officer; Huiping Yan, our Chief Financial Officer, and May Wu, our Chief Strategy Officer and Chief Executive Officer for Yitel brands, who will be further discussing our performance. After prepared remarks, David, Huiping and May will be available to answer your questions.

Before we continue, please note that the discussion today will include forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties and such our results may be materially different from the views expressed as of today. A number of potential risks and uncertainties are outlined in our public filings with the SEC. Home Inns does not undertake any obligation to update any forward-looking statements except as required under applicable laws.

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