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Upscale hotel group New Century reports a 144.1% jump in EBITDA

2020/3/22 22:06:01
Zhejiang New Century Hotel Management reported that its revenue for 2019 rose 7.2% to RMB1,928.0 million and that its EBITDA climbed 144.1% to RMB741.9 million. Gross profit was RMB565.0 million, up by 20.7%. Net profit was RMB205.0 million, 8.4% more than the previous year.

The Chinese hotelier which is invested by Trip.com Group said earlier that it suspended operations at five properties for 38 days due to the coronavirus, causing a downward adjustment of the base rent by RMB 20.77 million in aggregate from RMB 200.00 million to RMB 179.23 million.
Author：管理员

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Park Lane Hotel (Foshan Shunde Lecong) traffic info

Business zone：Lecong Furniture City
Area：Shunde District
Address: A16 East of Lecong Avenue (Lecong Dadao), East Area of Lecong Town,Shunde District,Foshan,Guangdong

Park Lane Hotel (Foshan Shunde Lecong) reserve：0757-23332222 (CouponCode:39046) Busy or no answer, online booking please!
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Park Lane Hotel (Foshan Shunde Lecong) address： A16 East of Lecong Avenue (Lecong Dadao), East Area of Lecong Town,Shunde District,Foshan,Guangdong

柏丽酒店(佛山顺德乐从家具城店) ◎ Park Lane Hotel (Foshan Shunde Lecong)

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