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Huazhu Group Ltd. engages in the hotel operation business in China. It offers four hotel brands that are designed to target distinct segments of customers, which include JI Hotel, Elan Hotel, Joya Hotel, Starway Hotel, HanTing Hotel, Hi Inn, and Manxin Hotels & Resorts. Read More The company was founded by Ji Qi, Wu Jiong, and Zhao Tong Tong on January 4, 2007 and is headquartered in Shanghai, China.
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Seeking AlphaMar 15
Huazhu Group +6.9% post Q4 results
Huazhu Group (HTHT +6.9% ) reports Q4 revenue growth of 20.6% Y/Y to $390.3M. Net revenues from leased and owned hotels were $282.5M (+13.2% Y/Y); manachised and franchised hotels were $102.2M (+41.8% Y/Y). For FY, adj. operating margin was 24.1% & Adj. EBITDA margin was 32.5%.. The occupancy rate for all hotels in operation was 85.2%. Huazhu opened 214 hotels, including 9 leased hotels and 205 manachised and franchised hotels. Also, closed a total of 39 hotels, including 8 leased hotels and 31 manachi...
The Motley FoolMar 15
Why Huazhu Group Stock Jumped Today
What happened Shares of Huazhu Group (NASDAQ:HTHT) were moving higher today after the Chinese hotel operator turned in a strong fourth-quarter earnings report, beating estimates on the top and bottom lines. As a result, the stock was up 7.7% as of 12:12 p.m. EDT, after gaining as much as 16.1% earlier in the trading session. So what Huazhu said revenue increased 20.6% in the quarter to $390.3 million, beating estimates of $378.4 million; the company added 214 new hotels, to grow its hotel network by 13% ...
Seeking AlphaMar 15
Huazhu Group Limited ADR (HTHT) CEO Jenny Zhang on Q4 2018 Results - Earnings Call Transcript
Huazhu Group Limited ADR (NASDAQ:HTHT) Q4 2018 Results Earnings Conference Call March 14, 2019 9:00 PM ET Company Participants Ida Yu - IR Jenny Zhang - CEO Teo Nee Chuan - CFO Conference Call Participants Justin Kwok - Goldman Sachs Praveen Choudhary - Morgan Stanley Billy Ng - Bank of America Merrill Lynch Dylan Chu - CLSA Aras Poon - Citi Lina Yan - HSBC Operator Ladies and gentlemen thank you for standing by and welcome to Huazhu Group Limited Quarter Four 2018 Earnings Conference Call. At ...
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