Huazhu Group Limited Schedules Third Quarter of 2020 Earnings Release on Dec 4, 2020
November 25 2020 - 6:15AM
Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu” or the
“Company”) a world-leading hotel group, today announced that it
will schedule to release its unaudited financial results for the
third quarter of 2020 on Friday, December 4, 2020 (Hong Kong time),
after the trading hours of The Stock Exchange of Hong Kong Limited
and before the opening of the U.S. market.
The earnings release will be available on the
Company’s investor relations website at
https://ir.huazhu.com/press-releases.
Huazhu’s management will host a conference call
at 8 p.m. (U.S. Eastern time) on Sunday, December 6, 2020 (or 9
a.m. (Hong Kong time) on Monday, December 7, 2020) following the
announcement. The conference call will be a Direct Event call. All
participants must preregister online prior to the call. Please use
the
link http://apac.directeventreg.com/registration/event/1536939
to complete the online registration at least 15 minutes prior to
the commencement of the conference call. Once preregistration has
been completed, participants will receive dial-in numbers, an event
passcode, and a unique registrant ID. To join the conference,
please dial the number you receive, enter the event passcode
followed by your unique registrant ID, and you will be joined to
the conference instantly. Please dial in approximately 10 minutes
before the scheduled time of the call.
A recording of the conference call will be
available after the conclusion of the conference call through
December 14, 2020. Please dial +1 (855) 452 5696 (for callers in
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 outside
the U.S., mainland China and Hong Kong) and enter the passcode
1536939.
The conference call will also be webcast live
over the Internet and can be accessed by all interested parties at
the Company’s Web site, https://ir.huazhu.com .
About Huazhu Group
LimitedOriginated in China, Huazhu Group Limited is a
world-leading hotel group. As of September 30, 2020, Huazhu
operated 6,507 hotels with 634,087 rooms in operation in 16
countries. Huazhu’s brands include Hi Inn, Elan Hotel, HanTing
Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel,
Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, and Ni Hao
Hotel. Upon the completion of Deutsche Hospitality acquisition on
January 2, 2020, Huazhu added five brands to its portfolio,
including Steigenberger Hotels & Resorts, Maxx by
Steigenberger, Jaz in the City, IntercityHotel and Zleep Hotel. In
addition, Huazhu also has the rights as master franchisee for
Mercure, Ibis and Ibis Styles, and co-development rights for Grand
Mercure and Novotel, in the pan-China region.
Huazhu’s business includes leased and owned,
manachised and franchised models. Under the lease and ownership
model, Huazhu directly operates hotels typically located on leased
or owned properties. Under the manachise model, Huazhu manages
manachised hotels through the on-site hotel managers Huazhu
appoints and collects fees from franchisees. Under the franchise
model, Huazhu provides training, reservations and support services
to the franchised hotels, and collects fees from franchisees but
does not appoint on-site hotel managers. Huazhu applies a
consistent standard and platform across all of its hotels. As of
September 30, 2020, Huazhu operates 16 percent of its hotel rooms
under lease and ownership model, and 84 percent under manachise and
franchise models.
For more information, please visit Huazhu’s
website: https://ir.huazhu.com.
Safe Harbor Statement Under the U.S. Private
Securities Litigation Reform Act of 1995: The information in this
release contains forward-looking statements which involve risks and
uncertainties. Such factors and risks include our anticipated
growth strategies; our future results of operations and financial
condition; the economic conditions; the regulatory environment; our
ability to attract and retain customers and leverage our brands;
trends and competition in the lodging industry; the expected growth
of demand for lodging; and other factors and risks detailed in our
filings with the U.S. Securities and Exchange Commission. Any
statements contained herein that are not statements of historical
fact may be deemed to be forward-looking statements, which may be
identified by terminology such as “may,” “should,” “will,”
“expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,”
“predict,” “potential,” “forecast,” “project” or “continue,” the
negative of such terms or other comparable terminology. Readers
should not rely on forward-looking statements as predictions of
future events or results.
Huazhu undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, unless required by
applicable law.
Contact InformationHuazhu Investor RelationsTel:
86 (21) 6195 9561Email: ir@huazhu.comhttps://ir.huazhu.com
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