SHANGHAI, China, May 17, 2022 (GLOBE NEWSWIRE) — Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu”, “we” or “our”) a world-leading resort group, as we speak introduced that it’s going to schedule to launch its unaudited monetary outcomes for the primary quarter of 2022 on Monday, May 30, 2022 (Hong Kong time), after the buying and selling hours of The Stock Exchange of Hong Kong Limited and earlier than the opening of the U.S. market.
The earnings launch will likely be accessible on the Company’s investor relations web site at https://ir.huazhu.com/news-and-events/press-releases.
Huazhu’s administration will host a convention name at 7 a.m. (U.S. Eastern time) on Tuesday, May 31, 2022 (or 7 p.m. (Hong Kong time) on Tuesday, May 31, 2022) following the announcement. The convention name will likely be a Direct Event name. All contributors should preregister on-line previous to the decision. Please use the hyperlink http://apac.directeventreg.com/registration/event/2263289 to finish the web registration not less than quarter-hour previous to the graduation of the convention name. Once preregistration has been accomplished, contributors will obtain dial-in numbers, an occasion passcode, and a singular registrant ID. To be a part of the convention, please dial the quantity you obtain, enter the occasion passcode adopted by your distinctive registrant ID, and you can be joined to the convention immediately. Please dial in roughly 10 minutes earlier than the scheduled time of the decision.
A recording of the convention name will likely be accessible after the conclusion of the convention name via June 7, 2022. Please dial +1 (855) 452 5696 (for callers within the US), 400 632 2162 (for callers in mainland China), 800 963 117 (for callers in Hong Kong) or +61 2 8199 0299 (for callers outdoors the U.S., mainland China and Hong Kong) and enter the passcode 2263289.
The convention name may also be webcast reside over the Internet and will be accessed by all events on the Company’s Web web site, https://ir.huazhu.com.
About Huazhu Group Limited
Originated in China, Huazhu Group Limited is a world-leading resort group. As of March 31, 2022, Huazhu operated 7,988 lodges with 764,859 rooms in operation in 17 international locations. Huazhu’s manufacturers embody Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz within the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels. In addition, Huazhu additionally has the rights as grasp franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, within the pan-China area.
Huazhu’s business consists of leased and owned, manachised and franchised fashions. Under the lease and possession mannequin, Huazhu straight operates lodges sometimes situated on leased or owned properties. Under the manachise mannequin, Huazhu manages manachised lodges via the on-site resort managers that Huazhu appoints, and Huazhu collects charges from franchisees. Under the franchise mannequin, Huazhu gives coaching, reservations and assist providers to the franchised lodges, and collects charges from franchisees however doesn’t appoint on-site resort managers. Huazhu applies a constant normal and platform throughout all of its lodges. As of March 31, 2022, Huazhu operates 14 p.c of its resort rooms underneath lease and possession mannequin, and 86 p.c underneath manachise and franchise fashions.
For extra info, please go to Huazhu’s web site: http://ir.huazhu.com.
Safe Harbor Statement Under the U.S. Private Securities Litigation Reform Act of 1995: The info on this launch accommodates forward-looking statements which contain dangers and uncertainties. Such elements and dangers embody our anticipated development methods; our future outcomes of operations and monetary situation; financial situations; the regulatory atmosphere; our skill to draw and retain prospects and leverage our manufacturers; developments and competitors within the lodging trade; the anticipated development of demand for lodging; and different elements and dangers detailed in our filings with the U.S. Securities and Exchange Commission. Any statements contained herein that aren’t statements of historic reality could also be deemed to be forward-looking statements, which can be recognized by terminology reminiscent of “may,” “should,” “will,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “forecast,” “project” or “continue,” the unfavorable of such phrases or different comparable terminology. Readers shouldn’t depend on forward-looking statements as predictions of future occasions or outcomes.
Huazhu undertakes no obligation to replace or revise any forward-looking statements, whether or not in consequence of new info, future occasions or in any other case, except required by relevant regulation.
Contact Information
Huazhu Investor Relations
Tel: 86 (21) 6195 9561
Email: [email protected]
http://ir.huazhu.com
