China Lodging Group, Limited Schedules Fourth Quarter and Full year 2016 Earnings Release on March 14, 2017 U.S. Eastern Time...
February 14 2017 - 3:00AM
China Lodging Group, Limited (NASDAQ:HTHT) ("China Lodging Group"
or the "Company"), a leading and fast-growing multi-brand hotel
group in China, today announced that it is scheduled to release
unaudited financial results for fourth quarter and full year ended
December 31, 2016 after the US market closes on March 14, 2017.
The earnings release will be available on the
Company's investor relations website at
http://ir.huazhu.com/releases.cfm.
China Lodging Group's management will host a
conference call at 9 p.m. ET, Tuesday, March 14, 2017 (or 9 a.m. on
Wednesday, March 15, 2017 in the Shanghai/Hong Kong time zone)
following the announcement. To participate in the event by
telephone, please dial +1 (855) 500 8701 (for callers in the US),
+86 400 120 0654 (for callers in China Mainland), +852 3018 6776
(for callers in Hong Kong) or +65 6713 5440 (for callers outside of
the US, China Mainland, and Hong Kong) and enter pass code 7256
4976. 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 March
22, 2017. Please dial +1 (855) 452 5696 (for callers in the US) or
+61 2 9003 4211 (for callers outside the US) and entering pass code
7256 4976.
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, 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
December 31, 2016, the Company had 3,269 hotels or 331,347 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 December 31,
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
Investor Relations
Tel: +86 (21) 6195 9561
Email: ir@huazhu.com
http://ir.huazhu.com
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