Ctrip.com increases stake in Home Inns

    May 27, 2009 | BY

    clpstaff &clp articles

    China-based travel service provider Ctrip.com International has increased its equity interest in economy hotel chain Home Inns & Hotels Management.The…

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    China-based travel service provider Ctrip.com International has increased its equity interest in economy hotel chain Home Inns & Hotels Management.

    The US$50 million acquisition of 7,514,503 ordinary shares raises Ctrip's