SHANGHAI, China., March 09, 2022 (GLOBE NEWSWIRE) — Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu”, “we” or “our”) a world-leading lodge group, right now introduced that it’ll schedule to launch its unaudited monetary outcomes for the fourth quarter and full 12 months of 2021 on Wednesday, March 23, 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 shall be obtainable 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 9 p.m. (U.S. Eastern time) on Wednesday, March 23, 2022 (or 9 a.m. (Hong Kong time) on Thursday, March 24, 2022) following the announcement. The convention name shall be a Direct Event name. All members should preregister on-line previous to the decision. Please use the hyperlink http://apac.directeventreg.com/registration/event/4278849 to finish the net registration not less than quarter-hour previous to the graduation of the convention name. Once preregistration has been accomplished, members 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 shall be obtainable after the conclusion of the convention name by March 31, 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 4278849.
The convention name will even be webcast reside over the Internet and may be accessed by all events on the Company’s Web website, https://ir.huazhu.com.
About Huazhu Group Limited
Originated in China, Huazhu Group Limited is a world-leading lodge group. As of December 31, 2021, Huazhu operated 7,830 inns with 753,216 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 and CitiGO Hotel. Upon the completion of the acquisition of DH on January 2, 2020, Huazhu added 5 manufacturers to its portfolio, together with Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz within the City, IntercityHotel and Zleep 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 immediately operates inns usually positioned on leased or owned properties. Under the manachise mannequin, Huazhu manages manachised inns by the on-site lodge managers that Huazhu appoints, and Huazhu collects charges from franchisees. Under the franchise mannequin, Huazhu gives coaching, reservations and help providers to the franchised inns, and collects charges from franchisees however doesn’t appoint on-site lodge managers. Huazhu applies a constant customary and platform throughout all of its inns. As of December 31, 2021, Huazhu operates 14 % of its lodge rooms beneath lease and possession mannequin, and 86 % beneath manachise and franchise fashions.
For extra data, 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 data on this launch incorporates 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 capability to draw and retain clients and leverage our manufacturers; traits and competitors within the lodging business; 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 similar to “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 on account of new data, future occasions or in any other case, except required by relevant legislation.
Contact Information
Huazhu Investor Relations
Tel: 86 (21) 6195 9561
Email: [email protected]
http://ir.huazhu.com
