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RSS FeedsChina Lodging Group, Limited Announces Its Preliminary Results for Hotel Operation in the Fourth Quarter ...
(World News USA)

 
 

16 january 2018 10:13:28

 
China Lodging Group, Limited Announces Its Preliminary Results for Hotel Operation in the Fourth Quarter ...
(World News USA)
 


SHANGHAI, China, Jan. 16, 2018 (GLOBE NEWSWIRE) -- China Lodging Group, Limited (NASDAQ:HTHT) (`China Lodging Group`, `Huazhu`, or the `Company`), a leading and fast-growing multi-brand hotel group in China, today announced its preliminary results for the hotel operation in the fourth quarter ended December 31, 2017. Operating Metrics For the quarter ended December 31, September 30, December 31, 2016 2017 2017 Occupancy rate (as a percentage) Leased and owned hotels 86 % 93 % 87 % Manachised hotels 85 % 94 % 87 % Franchised hotels 68 % 79 % 72 % Blended 85 % 93 % 86 % Average daily room rate (in RMB) Leased and owned hotels...


 
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