China Lodging Group, Limited to Hold 2016 Annual General Meeting on December 14, 2016
November 07 2016 - 1:00AM
China Lodging Group, Limited (NASDAQ:HTHT) (the “Company”), a
leading and fast-growing multi-brand hotel group in China, today
announced that it will hold its 2016 annual general meeting of
shareholders at No. 2266, Hongqiao Road, Changning District,
Shanghai, People’s Republic of China on December 14, 2016 at 10:30
a.m., local time. Holders of record of ordinary shares of the
Company at the close of business on November 2, 2016 are entitled
to notice of, and to vote at, the annual general meeting or any
adjournment or postponement thereof. Holders of the Company’s
American depositary shares (“ADSs”) who wish to exercise their
voting rights for the underlying ordinary shares must act through
the depositary of the Company’s ADS program, Citibank, N.A.
The notice of the annual general meeting, which
sets forth the resolutions to be submitted to shareholder approval
at the meeting, is available on the Investor Relations section of
the Company’s website at http://ir.huazhu.com.
About China Lodging Group,
LimitedChina Lodging Group, Limited is a leading hotel
operator and franchisor in China under 12 brand names. As of
September 30, 2016, the Company had 3,198 hotels or 322,785 rooms
in operation in 365 cities. With a primary focus on economy and
midscale hotel segments, China Lodging Group’s brands include Hi
Inn, HanTing Hotel, Elan Hotel, JI Hotel, Starway Hotel, Joya
Hotel, and Manxin Hotels & Resorts. The Company also has the
rights as master franchisee for Mercure, Ibis and Ibis Styles, and
co-development rights for Grand Mercure and Novotel, in Pan-China
region.
The Company’s business includes leased,
manachised and franchised models. Under the lease model, the
Company directly operates hotels typically located on leased
properties. Under the manachise model, the Company manages
manachised hotels through the on-site hotel managers it appoints
and collects fees from franchisees. Under the franchise model, the
Company provides training, reservation and support services to the
franchised hotels and collects fees from franchisees but does not
appoint on-site hotel managers. The Company applies a consistent
standard and platform across all of its hotels. As of September 30,
2016, China Lodging Group operates 24 percent of its hotel rooms
under lease model, 76 percent under manachise and franchise
models.
For more information, please visit the Company’s
website: http://ir.huazhu.com.
Contact Information
Ida Yu
Sr. Manager, Investor Relations
Tel: +86 (21) 6195 9561
Email: ir@huazhu.com
http://ir.huazhu.com
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