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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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Dusit Thani Qingfeng Garden Hotel Changzhou traffic info

Business zone:Qingfeng Park and Bell Tower Development Zone
Area:zhonglouqu
Address:Jiangsu · Changzhou · zhonglouqu - 88 Yueji Road (Yueji Lu) (East Gate of Qingfeng Park). Zhonghang Building: 8 Xinggang Avenue (Xinggang Dadao), Zhonglou district. Changzhou China

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Dusit Thani Qingfeng Garden Hotel Changzhou address: 88 Yueji Road (Yueji Lu) (East Gate of Qingfeng Park). Zhonghang Building: 8 Xinggang Avenue (Xinggang Dadao), Zhonglou district. Changzhou China

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