Huazhu Group Limited Schedules Fourth Quarter and Full Year of 2019 Earnings Release on March 26, 2020
March 09 2020 - 2:00AM
Huazhu Group Limited (NASDAQ: HTHT) (“Huazhu” or the “Company”) a
leading and fast-growing hotel group, today announced that it will
schedule to release unaudited financial results for the fourth
quarter and full year of 2019 after the US market closes on March
26, 2020.
The earnings release will be available on the
Company’s investor relations website at
http://ir.huazhu.com/press-releases.
Huazhu’s management will host a conference call
at 9 p.m. ET, Thursday, March 26, 2020 (or 9 a.m. on Friday, March
27, 2020 in the Shanghai/Hong Kong time zone) following the
announcement. To participate in the event by telephone, please dial
+1 (845) 675 0437 (for callers in the US), +86 400 620 8038 (for
callers in China Mainland), +852 3018 6771 (for callers in Hong
Kong) or +65 6713 5090 (for callers outside of the US, China
Mainland, and Hong Kong) and enter pass code
7678106. Please dial in approximately 10
minutes before the scheduled time of the call.
A recording of the conference call will be
available after the conclusion of the conference call through April
3, 2020. Please dial +1 (855) 452 5696 (for callers in the US) or
+61 2 8199 0299 (for callers outside the US) and entering pass code
7678106.
The conference call will also be webcast live
over the Internet and can be accessed by all interested parties at
the Company’s Web site, http://ir.huazhu.com.
About Huazhu Group
LimitedHuazhu Group Limited is a leading hotel operator
and franchisor. As of December 31, 2019, Huazhu operated 5,618
hotels with 536,876 rooms in operation. Huazhu’s brands include Hi
Inn, Elan Hotel, HanTing Hotel, HanTing Premium Hotel, JI Hotel,
Starway Hotel, Orange Hotel Select, Crystal Orange Hotel, Manxin
Hotels & Resorts, Joya Hotel, and Blossom Hill Hotels &
Resorts. Huazhu also has the rights as master franchisee for
Mercure, Ibis and Ibis Styles, and co-development rights for Grand
Mercure and Novotel, in the pan-China region. Huazhu completed the
acquisition of Deutsche Hospitality on January 2, 2020, further
expanding our brands portfolio to include Steigenberger Hotels
& Resorts, Maxx by Steigenberger, Jaz Hotel, Intercity Hotel
and Zleep Hotel.
Huazhu’s business mainly includes leased,
manachised and franchised models. Under the lease model, Huazhu
directly operates hotels typically located on leased properties.
Under the manachise model, Huazhu manages manachised hotels through
the on-site hotel managers Huazhu appoints and collects fees from
franchisees. Under the franchise model, Huazhu provides training,
reservations and support services to the franchised hotels, and
collects fees from franchisees but does not appoint on-site hotel
managers. In addition, Huazhu has a limited number of hotels in
owned or partially owned properties. Huazhu applies a consistent
standard and platform across all of its hotels. As of December 31,
2019, Huazhu operates 16 percent of its hotel rooms under lease and
ownership model, and 84 percent under manachise and franchise
models.
For more information, please visit the Company’s
website: http://ir.huazhu.com.
Contact InformationHuazhu Investor RelationsTel:
86 (21) 6195 9561Email: ir@huazhu.comhttp://ir.huazhu.com
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