Home Inns' CEO Discusses 4Q2011 Results - Earnings Call Transcript

Home Inns & Hotel Management, Inc. ( HMIN)

Q4 2011 Earnings Call

March 8, 2012 9:00 p.m. EST


Ethan Ruan – IR Manager

David Sun – CEO

Huiping Yan – CFO


Chenyi Lu – Cowen & Co.

Ella Ji – Oppenheimer & Co.

Liping Cai – William Blair & Co.

Adam Krejcik – Roth Capital Partners

Lin He – Morgan Stanley

Fawne Jiang – Brean Murray

Kenneth Fong – JP Morgan



Ladies and gentlemen, thank you for standing by for Home Inns’ fourth quarter and full-year 2011 earnings conference call. (Operator Instructions).

I’d now like to hand the call over to your host for today’s conference, Ethan Ruan, Home Inns’ Investor Relations Manager.

Ethan Ruan

Hello, everyone, and welcome to our earnings conference call. Our fourth quarter and full-year 2011 earnings results were released earlier and available on the company’s website.

With us today is David Sun, our Chief Executive Officer, Huiping Yan, our Chief Financial Officer, who will be further discussing our performance for the past quarter and the year, and May Yu, our Chief Strategy Officer. After the 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 US Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our results may be materially different from the views expressed 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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