China Lodging Group Raises Full Year Revenue Growth Rate

(RTTNews) - China Lodging Group (HTHT) announced the company expects its net revenues to grow by 15.5%-18% in the fourth quarter of 2015. For the full year of 2015, the company projects the growth rate to be within the range of 16.1%-16.8%.

The company also announced the appointment of Teo Nee Chuan as Deputy Chief Financial Officer, effective November 2, 2015. In this role, Teo is responsible for legal, merger and acquisitions, investment and financing. Teo has more than 20 years of experience in corporate finance in multinational corporations. Prior to joining China Lodging Group, he was CFO of Rnomac International Group, the largest Volvo construction equipment distributor in China.