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Homeinns Hotel Group (Homeinns Hotel Group) Construction In Progress

: $0.0 Mil (As of Sep. 2015)
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Homeinns Hotel Group's annual construction in progress declined from Dec. 2012 ($43.1 Mil) to Dec. 2013 ($41.9 Mil) but then increased from Dec. 2013 ($41.9 Mil) to Dec. 2014 ($62.4 Mil).


Homeinns Hotel Group Construction In Progress Historical Data

The historical data trend for Homeinns Hotel Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Homeinns Hotel Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Construction In Progress
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.20 43.12 41.93 62.41 -

Homeinns Hotel Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Construction In Progress Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Homeinns Hotel Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Homeinns Hotel Group (Homeinns Hotel Group) Business Description

Traded in Other Exchanges
N/A
Address
Homeinns Hotel Group was incorporated in the Cayman Islands on May 2006. The Company develops and operates economy hotels across China under its "Home Inn", "Yitel" and its recently acquired "Motel 168" brands. As of December 31, 2013, the Company had 2,180 hotels in operation, including 872 leased-and-operated hotels and 1,308 franchised-and-managed hotels, with approximately 256,555 rooms located in 287 cities across China, and an additional 161 hotels under development. It competes with other economy hotel chains, such as Jinjiang Star, 7 Days Inn, Han Ting, Green Tree Inn and Super 8, as well as various regional and local economy hotel chains.

Homeinns Hotel Group (Homeinns Hotel Group) Headlines

From GuruFocus

Matthews China Fund Comments on Homeinns Hotel Group

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