188bet Online Sports Betting and Casino’s 2017Q2 RevPAR hit a record high,Net profit growth 23.5%

Big accommodation Author of this article: 188bet Online Sports Betting and Casino 2017-08-17
Zhihui’s message on August 17,Huazhu 188bet Online Sports Betting and Casino Group today announced its unaudited second quarter financial report for 2017。Financial report display,Huazhu’s net revenue in the second quarter was 19.89.2 billion yuan (approximately 2.US.4 billion),year-on-year growth of 20.1%;Net profit attributable to Huazhu is 3.89.6 billion yuan (approximately 57.5 million US dollars),An increase of 23 compared to the same period last year.5%。

Benefit news,August 17,Huazhu 188bet Online Sports Betting and Casino Group (NASDAQ: HTHT,Hereinafter referred to as "Huazhu") announced the unaudited second quarter financial report of 2017。Financial report display,Huazhu’s net revenue in the second quarter was 19.89.2 billion yuan (approximately 2.US.4 billion),year-on-year growth of 20.1%;Net profit attributable to Huazhu is 3.89.6 billion yuan (approximately 57.5 million US dollars),An increase of 23 compared to the same period last year.5%;Based on non-GAAP,Second quarter adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 26% year-on-year.5%,reached 7.03.1 billion yuan (approximately 1.USD 03.7 billion)。

As of June 30, 2017,188bet Online Sports Betting and Casino is in 369 cities across the country,Opened 3,541 hotels,Total number of rooms 359,530 rooms,Including 686 directly operated stores、Manage franchise stores 2,654、201 franchise stores。In Q2,188bet Online Sports Betting and Casino net added 205 hotels,Including 41 budget hotels and 164 mid- to high-end hotels。

188bet Online Sports Betting and Casino cooperates with Orange to exert force,Mid-range attack performance hits new high

Due to the increase in the proportion of mid- to high-end hotels,Formed a more favorable brand portfolio。The number of mid- to high-end 188bet Online Sports Betting and Casino rooms accounts for 24% of Huazhu’s hotels in operation and 57% of hotels under preparation。The ADR (average room rate of rented rooms) of Huazhu’s hotels in the second quarter of 2017 was RMB 199,Increase by 7 compared to last year.9%。Average occupancy rate 90.1%,This is mainly due to the upgrade and improvement of budget hotels represented by Hanting,Such as the Hanting Clean Campaign, etc.,Making 188bet Online Sports Betting and Casino hygiene and service levels significantly improved。Thanks to the double improvement of ADR and occupancy rate,RevPAR (revenue per available room) in the second quarter increased by 14% year-on-year,is 179 yuan。To this,Ms. Zhang Min, CEO of Huazhu 188bet Online Sports Betting and Casino Group, said: “Because the 188bet Online Sports Betting and Casino performance is better than expected,And our emphasis on 188bet Online Sports Betting and Casino quality upgrades and mid-range 188bet Online Sports Betting and Casino development,In the past 5 years,Huazhu same-store RevPAR once again achieved a record high。Huazhu is optimistic,Due to the increase in occupancy rate,Let China’s accommodation market win opportunities for prosperity and development。”

The same-store RevPAR of mature hotels (hotels operating for more than 18 months) in the second quarter was RMB 175,Year-on-year growth of 8.3%,ADR growth 3.0%,Occupancy rate increased by 4.5%;RevPAR of mid-range hotels and high-end hotels increased by 9% year-on-year.9%,ADR growth 6.1%,Occupancy rate increased by 3.1%。With the platform and membership integration between Huazhu and Orange Crystal in July 2017,VUE, a subsidiary of Crystal Orange、Orange Crystal 188bet Online Sports Betting and Casino、Orange 188bet Online Sports Betting and Casino•Select、Joining the Orange 188bet Online Sports Betting and Casino brand,Personalization for Huazhu members、Excellent complement for high quality accommodation needs。"May 25,We completed the equity delivery with Orange Crystal,This further strengthens Huazhu’s leading position in the mid-range 188bet Online Sports Betting and Casino market,At the same time, it further enriches Huazhu’s talent pool。The integration process is progressing smoothly,The direct booking channel of Huazhu’s 88 million members will also bring massive growth to Orange Crystal’s performance。We believe,Orange crystal will have huge development potential,And can be fully integrated into Huazhu’s efficient platform to gain more profit potential。" Zhang Min, CEO of Huazhu 188bet Online Sports Betting and Casino Group, firmly acknowledged。

As consumption upgrades continue to deepen,Huazhu improves the quality of accommodation at the same time,Pay more attention to consumers’ potential scene cues,To create a one-stop all-scenario service Huazhu,Through a series of 188bet Online Sports Betting and Casino lobby revolutions,Not only launched Fusion 188bet Online Sports Betting and Casino、Apartment、CitiGO, a new concept 188bet Online Sports Betting and Casino with social attributes,More colorful、Fun、Manxin, a high-quality urban 188bet Online Sports Betting and Casino with a sexy theme, and Hanting Youjia, which relies on art galleries to develop social functions,To lead consumers’ diversified lifestyles。

“188bet Online Sports Betting and Casino Club” integrates humanized intelligenceTechnical upgrade ensures in-depth user experience

In July 2017, the American "Hotels" magazine announced the top 325 188bet Online Sports Betting and Casino groups in the world in 2016,Huazhu 188bet Online Sports Betting and Casino Group’s global 188bet Online Sports Betting and Casino ranking improved to 9th place,In addition to exquisite craftsmanship and quality,The integration of humanized temperature into the technological revolution has also contributed to the rapid development of Huazhu's performance。

The morning of August 16, 2017,As the G116 train leaves Shanghai Hongqiao Station,The Beijing-Shanghai high-speed rail line "Huazhuhui·Wherever you want to live" is officially launched,Let Chinese 188bet Online Sports Betting and Casino brands accelerate their progress。As the first Huazhu 188bet Online Sports Betting and Casino Group to proactively break through the service model of the 188bet Online Sports Betting and Casino industry,Breaking new ground in personalized service and customer loyalty,188bet Online Sports Betting and Casino booking platform - "Huazhuhui" brand new launch,Create a one-stop shop、Full scene 188bet Online Sports Betting and Casino service in-depth interaction;As a club with hundreds of millions of members,“Huazhu Club” opens the era of “heart” service with the digital revolution,In-depth membership experience of “staying wherever you want”。

As of June 30, 2017,Huazhu’s loyalty program “Huazhu Club” attracts more than 88 million members,Members contribute approximately 76% of room nights,Direct sales channels account for 87%。Since 2014,Huazhu 188bet Online Sports Betting and Casino Group and AccorHotels Group form a long-term strategic alliance,Together serving more than 100 million loyal members around the world。With the improvement and improvement of membership rights,Huazhu Club will stimulate the vitality of members,Improve core competitiveness。Also,Huazhuhui App is the first to open "HelloHuazhu” function,Improvements in proactive communication,One-to-one personalized service,Deliver care to users at every moment of their journey,Let smart technology integrate with human touch。Huazhu expects net income to increase by 30% to 34% year-on-year in the third quarter of 2017,Net income for 2017 increased by 23% to 26% year-on-year。

Copyright Statement
Zhihui is based on "dry information"、Depth、Angle、Publish in-depth industry articles based on the principle of "objectivity"。If you want to get the first time to get the heavyweight articles in the 188bet Online Sports Betting and Casino or interact with Zhihui,Please search "Zhihui" in the WeChat official account and add follow。Contributions welcome,Jointly promote the upgrading of China’s 188bet Online Sports Betting and Casino chain。To submit articles or seek reports, please send an email to the zjz@tripvivid editorial office email address.com,After passing the review, the article will be published as quickly as possible and your name and organization will be attached。The articles published by Zhihui represent only the author’s personal opinions,Does not represent the views of favoritism。About investment and financing information,Zhihui Travel will try its best to verify,Does not endorse any investment or financing activities。Exercise benefits and respect industry norms,Indicate the author and source for all reprints,Special reminder,If the reprint of the article involves copyright issues,Please contact us in time to delete。Zhihui’s original articles are also welcome to be reprinted,But please be sure to indicate the author and "Source: Zhihui",Any behavior that disrespects originality will be severely punished。
The source of this article is 188bet Online Sports Betting and Casino, and the copyright belongs to the original author.
Leave a comment
Post a comment
Latest article
View more
# Hot search words #

New users automatically create accounts after logging in

Log in to indicate that you have read and agreed"188bet Online Sports Betting and Casino User Agreement" Register

Retrieve password

Register account