Ctrip.com increases stake in Home Inns

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    Ctrip.com increases stake in Home InnsChina-based travel service provider Ctrip.com International increased its equity interest in economy hotel chain…

    Ctrip.com increases stake in Home Inns

    China-based travel service provider Ctrip.com International increased its equity interest in economy hotel chain Home Inns & Hotels Management. The US$50 million acquisition raises Ctrip's stake in Home Inns from 9.64% to 18.25%, making it the single largest shareholder.

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