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I remain intrigued with HTHT. They manage 359,530 hotel rooms within 3541 hotels, and most of them are via franchised management so less exposure to getting stuck with a failed piece of real estate. Also, the focus is on low to mid range priced rooms and with a whole Country in its stage of relatively early growth, this established company and business model that appears to be working and substantially growing is very encouraging. Management seems very on the ball making new strategic acquisitions in a conservative manner (i.e. taking 20% interest in two major Beijing boutique hotels).
My pick is HTHT (and recent pullback is a great entry for 15%+).
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