Square Inn Hotel Management Inc (hereinafter referred to as “Square Inn”), the wholly owned subsidiary of Square Inn Budget Hotels Management Inc (OTC Bulletin Board: SQRN), is one of the members of Wing On Travel (Holdings) Limited (HKSE: 1189).

Square Inn engages in the development, lease, operation, franchise and management of budget hotels nationwide in China under the branding “Square Inn”. Square Inn strives to become the leading budget hotel chain in China providing good quality accommodation at a reasonable price for the fast growing population of value-conscious business and leisure travelers.

Square Inn plans to invest in good quality hotels by acquiring a controlling stake, preferably 3-star hotels, and would also explore leasing real estate properties and franchising to hotel owners. The common key to success with these options is “Square Inn” branding and hotel management services to upgrade and convert existing lodging facilities, and maintains the good quality product and services across the hotel chain. We believe that with the right mix of marketing, good quality hotel management, clean and comfortable lodging, Square Inn will be able to build a recognizable brand and capture the opportunities presented by the continuing growth of the hotel market in China.

Square Inn is actively seeking to acquire or partner with hotels in China. Please contact us for more details at squareinn@squareinn.com.