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Stock impact report

Huazhu Group Limited Reports Third Quarter of 2021 Unaudited Financial Results

Huazhu Group Limited - American Depositary Shares (HTHT)  More Company Research Source: GlobeNewswire
Last huazhu group limited - american depositary shares earnings: 3/26 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.huazhu.com
PDF A total of 7,466 hotels or 722,983 hotel rooms in operation as of September 30, 2021.Hotel turnover1 increased 15.4% year-over-year to RMB12.2 billion for the third quarter of 2021. Excluding Steigenberger Hotels AG and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 14.0% year-over-year for the third quarter of 2021.Revenue increased 11.6% year-over-year to RMB3.5 billion (US$547 million)2 for the third quarter of 2021, in line with revenue guidance previously announced of 8% to 12% compared to the third quarter of 2020. Revenue from Legacy-Huazhu3 for the third quarter of 2021 increased 7.4% year-over-year, in line with revenue guidance previously announced of 4% to 8%.Net loss attributable to Huazhu Group Limited was RMB137 million (US$22 million) for the third quarter of 2021, compared with net loss attributable to Huazhu Group Limited of RMB212 million for the third quarter of 2020 and net income attributable to Huazhu Group Limited of RMB378 million in the prev [Read more]
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