Home Inns Reaches 200 Hotels in Operation

SHANGHAI, China, Oct. 2 /Xinhua-PRNewswire/ -- Home Inns & Hotels Management Inc. ("Home Inns") yesterday welcomed the addition of its 200th hotel in operation, the Urumqi Beiyuanchun Home Inn, just ahead of China's National Day and the Golden Week celebration. Home Inns further solidified its leadership position in the rapidly growing economy hotel industry in China, with the largest number of rooms available and the broadest geographic coverage.

"We're extremely excited to have reached this significant milestone in our company's history, the opening of our 200th Home Inn hotel in operation," said Mr. David Sun, Home Inns' CEO. "We would like to thank all of our customers, employees, business partners and investors who have supported us through our growth over the past five years. We are committed to continue to provide a satisfying and consistent 'Home Away from Home' experience to our guests, to strengthen our brand and to expand our hotel chain and our member network."

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 .

Safe Harbor

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the outlook for the remainder of 2007 and quotations from management in this announcement, as well as Home Inns' strategic and operational plans, contain forward-looking statements. Home Inns may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to first parties. Statements that are not historical facts, including statements about Home Inns' beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our anticipated growth strategies; our future business development, results of operations and financial condition; expected changes in our revenues and certain cost or expense items; our ability to attract customers and leverage our brand; trends and competition in the lodging industry; our ability to hire, train and retain qualified managerial and other employees; our ability to develop new hotels at desirable locations in a timely and cost-effective manner; the expected growth of the Chinese economy hotel market; and Chinese governmental policies relating to private managers and operators of hotels and applicable tax rates.

Further information regarding these and other risks is included in our registration statements on Form F-1 and other documents filed with the SEC. Home Inns does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of October 1, 2007, and Home Inns undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

Angela Li

Home Inns & Hotels Management Inc.

Tel: +86-21-3218-9988 x2004

Email: xlli@homeinns.com