Huazhu Announces Its Preliminary Results for Hotel Operation in the Second Quarter of 2018
(WorldNews China)

SHANGHAI, China, July 16, 2018 (GLOBE NEWSWIRE) -- Huazhu Group Limited (NASDAQ:HTHT) (`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 second quarter ended June 30, 2018. Operating Metrics For the quarter ended June 30, March 31, June 30, 2017 2018 2018 Occupancy rate (as a percentage) Leased and owned hotels 90.8% 85.6% 91.4% Manachised hotels 90.8% 84.0% 89.8% Franchised hotels 74.4% 69.8% 78.7% Blended 90.1% 83.7% 89.6% Average daily room rate (in RMB) Leased and owned hotels 232 243 270 Manachised hotels 188 194 212 Franchised hotels 203 228 248 Blended 199 207 226 RevPAR (in...