China Lodging Group, Limited Schedules First Quarter Earnings Release on May 10, 2017 U.S. Eastern Time
April 21 2017 - 06:00AM
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 first quarter ended March 31, 2017
after the US market closes on May 10, 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, Wednesday, May 10, 2017 (or 9 a.m. on
Thursday, May 11, 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 1174
2446. 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 May
18, 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
1174 2446.
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 March
31, 2017, the Company had 3,336 hotels or 335,900 rooms in
operation in 369 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 March 31,
2017, China Lodging Group operates 23 percent of its hotel rooms
under lease model, 77 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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