Huazhu Group Limited Schedules First Quarter of 2022 Earnings Release on May 30, 2022
May 17 2022 - 7:30AM
Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu”, “we”
or “our”) a world-leading hotel group, today announced that it will
schedule to release its unaudited financial results for the first
quarter of 2022 on Monday, May 30, 2022 (Hong Kong time), after the
trading hours of The Stock Exchange of Hong Kong Limited and before
the opening of the U.S. market.
The earnings release will be available on the
Company’s investor relations website at
https://ir.huazhu.com/news-and-events/press-releases.
Huazhu’s management will host a conference call
at 7 a.m. (U.S. Eastern time) on Tuesday, May 31, 2022 (or 7 p.m.
(Hong Kong time) on Tuesday, May 31, 2022) following the
announcement. The conference call will be a Direct Event call. All
participants must preregister online prior to the call. Please use
the link http://apac.directeventreg.com/registration/event/2263289
to complete the online registration at least 15 minutes prior to
the commencement of the conference call. Once preregistration has
been completed, participants will receive dial-in numbers, an event
passcode, and a unique registrant ID. To join the conference,
please dial the number you receive, enter the event passcode
followed by your unique registrant ID, and you will be joined to
the conference instantly. 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 June
7, 2022. Please dial +1 (855) 452 5696 (for callers in the US), 400
632 2162 (for callers in mainland China), 800 963 117 (for callers
in Hong Kong) or +61 2 8199 0299 (for callers outside the U.S.,
mainland China and Hong Kong) and enter the passcode
2263289.
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, https://ir.huazhu.com.
About Huazhu Group
LimitedOriginated in China, Huazhu Group Limited is a
world-leading hotel group. As of March 31, 2022, Huazhu
operated 7,988 hotels with 764,859 rooms in operation in 17
countries. Huazhu’s brands include Hi Inn, Elan Hotel, HanTing
Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel,
Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao
Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz
in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and
Song Hotels. In addition, Huazhu also has the rights as master
franchisee for Mercure, Ibis and Ibis Styles, and
co-development rights for Grand Mercure and Novotel, in the
pan-China region.
Huazhu’s business includes leased and owned,
manachised and franchised models. Under the lease and ownership
model, Huazhu directly operates hotels typically located on leased
or owned properties. Under the manachise model, Huazhu manages
manachised hotels through the on-site hotel managers that Huazhu
appoints, and Huazhu collects fees from franchisees. Under the
franchise model, Huazhu provides training, reservations and support
services to the franchised hotels, and collects fees from
franchisees but does not appoint on-site hotel managers. Huazhu
applies a consistent standard and platform across all of its
hotels. As of March 31, 2022, Huazhu operates 14 percent of
its hotel rooms under lease and ownership model, and 86 percent
under manachise and franchise models.
For more information, please visit Huazhu’s
website: http://ir.huazhu.com.
Safe Harbor Statement Under the U.S. Private
Securities Litigation Reform Act of 1995: The information in this
release contains forward-looking statements which involve risks and
uncertainties. Such factors and risks include our anticipated
growth strategies; our future results of operations and financial
condition; economic conditions; the regulatory environment; our
ability to attract and retain customers and leverage our brands;
trends and competition in the lodging industry; the expected growth
of demand for lodging; and other factors and risks detailed in our
filings with the U.S. Securities and Exchange Commission. Any
statements contained herein that are not statements of historical
fact may be deemed to be forward-looking statements, which may be
identified by terminology such as “may,” “should,” “will,”
“expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,”
“predict,” “potential,” “forecast,” “project” or “continue,” the
negative of such terms or other comparable terminology. Readers
should not rely on forward-looking statements as predictions of
future events or results.
Huazhu undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, unless required by
applicable law.
Contact InformationHuazhu Investor RelationsTel:
86 (21) 6195 9561Email: ir@huazhu.comhttp://ir.huazhu.com
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