November 29, 2017 Beijing time，Huazhu Hotel Group (NASDAQ: HTHT，Hereinafter referred to as "Huazhu") announced the unaudited third quarter financial report of 2017。Financial report display，Due to the further expansion of the group’s hotel network、Factors such as average RevPAR (revenue per available room) growth and the acquisition of Crystal Orange 188bet Live Casino Group，Huazhu’s net revenue in the third quarter was 23.7.3 billion yuan (approximately 3.USD 5.7 billion)，33 year-on-year increase.8%，Growth in line with expectations；Net profit attributable to Huazhu is 4.700 million yuan (approximately 7,USD 0.7 million)，60% year-on-year increase。In accordance with non-GAAP，The third quarter EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 55% year-on-year.4%，reached 8.500 million yuan (approximately 1.USD 2.8 billion)。

Huazhu after integrating the orange crystal，At present, its brands have covered everything from affordable、Various markets from budget to mid- to high-end 188bet Live Casino，Brand portfolio further improved。As of September 30, 2017，Huazhu is located in 375 cities across the country，Opened 3,656 188bet Live Casino，Total number of rooms 372,464 rooms，Including 684 directly operated stores、Manage franchise stores 2,766 and 206 franchised stores；and，606 188bet Live Casino left，Under preparation。

Affected by seasonal factors during the summer travel season，ADR (average room rate of rented rooms) of Huazhu’s 188bet Live Casino in the third quarter of 2017、Both average occupancy rate and RevPAR show sustained growth。Among them，ADR increased by 12% year-on-year.1%，is 218 yuan。This aspect is due to the growth of ADR in mature 188bet Live Casino；On the other hand due to being in the company’s brand portfolio，The increase in the proportion of mid- to high-end 188bet Live Casino with higher ADR。simultaneously，Due to strong travel demand and increasing company brand awareness，The performance of all Huazhu’s hotel brands improved in the third quarter of 2017，Average occupancy rate increased by 4 year-on-year.2 percentage points，is 93.1%。Under the promotion of the double increase in ADR and occupancy rate，RevPAR in the third quarter increased by 17% year-on-year.3%，is 203 yuan，A new all-time high。

Mid-to-188bet Live Casino wineThe store interprets diverse liveslive方Style recognized by consumers

Facing the rise of China’s middle-class consumer class，Huazhu’s pace in the mid- to high-end hotel market continues to accelerate，Personalized hotel brand Manxin、New concept of light luxury·Social hotel CitiGO、Xi Yue, a high-end hotel brand that creates an oriental and elegant life，Leading consumers’ diversified lifestyles，Acquired market recognition。As of the end of September 2017，Huazhu has a total of 717 mid- to high-end 188bet Live Casino。In Q3，Huazhu net added 115 188bet Live Casino，69 of them are mid- to high-end 188bet Live Casino，Accounting for 60%。The number of mid- to high-end 188bet Live Casino continues to lead the growth，Among them, 37 All-Season 188bet Live Casino have a net increase in a single quarter，Secondly ranking first among all brands in terms of growth；Manxin 188bet Live Casino added 4 188bet Live Casino in a single quarter，Novotel added 2 188bet Live Casino in a single quarter，Doubling the scale。

And Orange Crystal officially joins，Further enriching the Huazhu mid- to high-end brand family，Accelerating Huazhu’s deployment in the mid- to high-end market。"September this year，We have completed the integration of Crystal Orange Hotel Group，Includes operations and reservation systems、Membership system and backend support, etc.。In Q3，Crystal Orange Hotel’s same-store RevPAR increased by 14% year-on-year.5%。As of the end of the third quarter，The number of mid- to high-end hotel rooms accounts for 25% of Huazhu’s 188bet Live Casino in operation and 66% of 188bet Live Casino under preparation。" Zhang Min, CEO of Huazhu Hotel Group said。

(Orange Crystal Nanjing Yixianqiao Store)

Huazhu reiterated that the total number of new 188bet Live Casino in 2017 will be about 500，138 of them are through the acquisition of Crystal Orange；An estimated 650-700 new 188bet Live Casino will be added in 2018，60%-65% of them belong to mid- to high-end 188bet Live Casino。Behind the speed growth is the support for performance improvement。In the third quarter of 2017，Huazhu’s mid- to high-end 188bet Live Casino performed equally well，Same-store RevPAR of mature 188bet Live Casino increased by 9% year-on-year.5%，is 290 yuan；ADR increased by 5 year-on-year.2%，is 319 yuan；Occupancy rate increased by 3 year-on-year.6 percentage points，91%。

Quality development leads the comprehensive upgrade of budget 188bet Live Casino

As of the end of September，Huazhu has a total of 2,939 budget 188bet Live Casino。As the cornerstone and mainstay of Huazhu, budget 188bet Live Casino performed well in the third quarter，Same-store RevPAR of mature 188bet Live Casino increased by 9% year-on-year.4%，is 177 yuan；ADR increased by 4 year-on-year.3%，is 183 yuan；Occupancy rate increased by 4 year-on-year.5 percentage points，is 96%。This is also in line with Huazhu’s continued optimism for the mass consumer market: “In the next 50 years，Budget 188bet Live Casino will still dominate China’s hotel industry in terms of quantity，It is also the category with the most stable and reliable profitability。”

To this，Zhang Min said: “Driven by strong domestic tourism demand，Huazhu’s RevPAR achieved accelerated growth in the third quarter。China’s consumption upgrade is still of great benefit to economy and mid-range 188bet Live Casino。Promoted by the upgrade of Hanting，The same-store RevPAR of Hanting Hotel increased by 9 year-on-year.8%。In addition，Elan and Haiyou have also recently launched new model models。We hope to comprehensively upgrade the budget hotel brand，Provide customers with a better check-in experience。”

(Yilai 1.0 188bet Live Casino room)

The new generation of Hi Friends 4.0 products pay more attention to product details and design than before，Adopt industrial style、Graffiti、Design highlights such as contrasting colors，To better meet the needs of young people，Operation improvement generally reaches 15%-20%。Elan Hotel changed "rapid development" to "quality development"，Established the brand positioning of multi-service 188bet Live Casino this year，The Yilai boutique and Yilai samples have been launched one after another.0 products。Among them，Elan Boutique, which is positioned as an entry-level mid-range brand, has opened 18 188bet Live Casino，The operation improvement after transformation is up to 22.3%。

Convenience brought by technological innovation、Efficient experience has also become an important reason for consumers to choose Huazhu。August 2017，Huazhu launches upgraded version of “Huazhu Club” App，Breaking through service boundaries，Provide users with "one-stop shop、Full scene” service，Strengthen member stickiness through points across offline strategies，Humanized services directly meet the deep needs of consumers，Lay a good foundation for user attraction and brand upgrade of Huazhu’s 188bet Live Casino。As of September 30, 2017，Huazhu’s loyalty program “Huazhu Club” has attracted more than 97 million members。In the third quarter of 2017，Members contribute more than 76% of room nights；Over 86% of room nights come from Huazhu’s direct sales channels。

188bet Live Casino expects net revenue in the fourth quarter of 2017 to increase by 29% to 32% year-on-year；Full-year net revenue will increase by 24% to 25%。

About 188bet Live Casino Hotel Group:

Huazhu Hotel Group (NASDAQ:HTHT)，is the first multi-brand hotel group in China，In more than 370 cities across the country，Operation 3,More than 000 188bet Live Casino，And owns nearly 70,More than 000 employees。Since its founding in 2005，Huazhu always uses a professional and efficient intelligent management system，Focus on providing customers with high-quality and diversified accommodation and travel experiences，Achieve a better life。

Since 2014，188bet Live Casino Hotel Group and AccorHotels Group form a long-term strategic alliance，Jointly develop hotel business in China。Currently，The hotel brands operated by 188bet Live Casino have covered all markets，Including high-end market Grand Mercure、VUE、Xi Yue，Novotel in the mid-range market、Mercure、Manxin、Full Season、Orange crystal、Orange Selection、CitiGO、Starway、ibis Styles，and mass market Ibis、Hanting Youjia、Hanting、Yilai、Hi Inn and other well-known hotel brands，Meet personalized needs from business to leisure。"Huazhuhui"，As a member club launched by 188bet Live Casino，Also an efficient、Simple、Warm hotel booking platform，Providing accommodation to more than 100 million members around the world、Travel、Shopping and other services。

Huazhu Hotel Group with the vision of “becoming a great world-class enterprise”，Under the leadership of founder Ji Qi，has become one of the fastest growing hotel groups in China。2010，Huazhu was successfully listed on NASDAQ in the United States。Currently，The group ranks 9th among global hotel groups published by American 188bet Live Casino magazine，Its Hanting brand has been ranked among the top 100 most valuable Chinese brands in BrandZ for four consecutive years。