Trade China Lodging Group, Limited - HTHT CFD

Trade China Lodging Group, Limited - HTHT

About Huazhu Group Ltd (ADR)

Huazhu Group Limited is a China-based holding company. The Company is mainly engaged in the operation of develop leased and owned, manachised and franchised hotels. Under the lease and ownership model, the Company directly operates hotels located primarily on leased properties, as well as on owned properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers the Company appoints and collects fees from franchisees. Under the franchise model, the Company collects fees from franchisees but do not appoint on-site hotel managers. The Company engages in the hotel operation business under many brands, including HanTing Hotel, Ni Hao Hotel, JI Hotel, Crystal Orange Hotel, Joya Hotel and others.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Huazhu Group Ltd (ADR) revenues increased 32% to RMB9.44B. Net loss decreased 100% to RMB7M. Revenues reflect Manachised and franchised hotels increase of 54% to RMB3.3B, Leased and owned hotels increase of 23% to RMB6.03B, Others increase of 7% to RMB112M. Lower net loss reflects changes of equity securities increase from RMB998M (expense) to RMB120M (income).

Equity composition

Common Stock $.0001 Par, 3/11, 800M auth., 241,179,223 issd. IPO: TBA. insiders share 62.28%