Home Inns' Nationwide Hotel Chain Grows to 134 Hotels

Senior Management to Present at Two Investment Conferences in January

SHANGHAI, China, Jan. 25 /Xinhua-PRNewswire/ -- Home Inns & Hotels Management Inc. (Nasdaq: HMIN), a leading economy hotel chain in China, today announced that as of December 31st, 2006, Home Inns had a total of 134 hotels in operation in 39 cities, including 94 leased-and-operated hotels and 40 franchised-and-managed hotels. As of the same date, Home Inns had an additional 48 hotels under contract, of which 28 are leased-and-operated hotels and 20 are franchised-and-managed hotels.

"We are pleased to have added 27 hotels in operation to our hotel chain in the fourth quarter of 2006," said Mr. David Sun, Home Inn's Chief Executive Officer. "We believe that the fragmentation in China's hotel market today presents many opportunities for us to expand our network going forward."

On January 30, 2007, Ms. May Wu, Home Inn's Chief Financial Officer, will speak from 8:30am to 9:00am (PRC time) at the UBS Greater China Conference. The event will be held at the Pudong Shangri-la in Shanghai, China. Please contact your UBS representative to request an invitation to the conference.

Ms. Wu will also deliver a presentation at the Deutsche Bank Access China Conference on January 31, 2007 from 10:30am to 11:30am (PRC time) at the Grand Hyatt Hotel in Beijing, China. Please contact your Deutsche Bank representative to request an invitation to the conference.

About Home Inns

Home Inns is a leading economy hotel chain in China based on the number of hotels and hotel rooms, as well as the geographic coverage of the hotel chain. Since Home Inns commenced operations in 2002, it has become one of the best-known economy hotel brands in China. Home Inns offers a consistent product and high-quality services to primarily serve the fast growing population of value-conscious individual business and leisure travelers who demand clean, comfortable and convenient lodging. Home Inns' ADSs, each of which represents two ordinary shares, are currently trading on the NASDAQ Global Market under the symbol "HMIN." For more information about Home Inns, please visit http://english.homeinns.com .

For investor and media inquiries, please contact:

In China:

Ms. Angela Li

Home Inns & Hotels Management Inc.

Tel: +86-21-6486-1818 x2004

Email: xlli@homeinns.com

Mr. Rory Macpherson

Ogilvy Public Relations Worldwide

Tel: +86-10-8520-6553

Email: rory.macpherson@ogilvy.com