China Lodging Group, Limited Announces Results of 2017 Annual General Meeting
December 13 2017 - 3:00AM
China Lodging Group, Limited (NASDAQ:HTHT) (the “Company”), a
leading and fast-growing multi-brand hotel group in China, today
announced that its 2017 annual general meeting of shareholders was
held on December 13, 2017. During the meeting, the following
proposal submitted for shareholders’ approval was approved:
- The ordinary resolution as set out in the Notice of Annual
General Meeting regarding the appointment of Deloitte Touche
Tohmatsu CPA Ltd. as auditor of the Company.
About China Lodging Group,
LimitedChina Lodging Group, Limited is a leading hotel
operator and franchisor in China. As of September 30, 2017, the
Company had 3,656 hotels or 372,464 rooms in operation in 375
cities. With a primary focus on economy and midscale hotel
segments, China Lodging Group's brands include Hi Inn, HanTing
Hotel, Elan Hotel, HanTing Plus Hotel, JI Hotel, Starway Hotel,
Manxin Hotel, Joya Hotel, Orange Hotel, Orange Hotel Select,
Crystal Orange Hotel, and VUE Hotel. 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 and
owned, manachised and franchised models. Under the lease and
ownership model, the Company directly operates hotels typically
located on leased or owned 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. The Company applies a consistent standard and platform
across all of its hotels. As of September 30, 2017, China Lodging
Group operates 23 percent of its hotel rooms under lease and
ownership model, 77 percent under manachise and franchise
models.
For more information, please visit the Company’s
website: http://ir.huazhu.com.
Contact InformationInvestor RelationsTel:
+86 (21) 6195 9561Email:
ir@huazhu.comhttp://ir.huazhu.com
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