New York Stock Exchange listed company 188bet best bookmaker Group (GHG) announced its unaudited third quarter financial results as of September 30, 2018 on November 19th。During the reporting period，Company operating income 2.5.7 billion yuan (approximately 37.4 million U.S. dollars)，year-on-year growth of 21.6%；Net profit 1.5.2 billion yuan (approximately 22.2 million U.S. dollars)，36% year-on-year growth。In accordance with non-GAAP，Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 24% year-on-year.2%，is 1.5.6 billion yuan (approximately 2,USD 2.78 million)。The company’s diluted profit per share is 1.50 yuan，Approximately 0.。

The third quarter of 2018，188bet best bookmaker Hotels’ nine major brand hotels (188bet best bookmaker Oriental、Gemei、Geya、Geffy、GreenTree、Gate League、Sleepless、188bet best bookmaker Bark Tree、Shell)’s RevPAR (revenue per available room) increased by 4% year-on-year.3%，This is due to stable OCC (average occupancy rate) and steadily increasing ADR (average room rate of rented rooms)。Data display，OCC is 87.2%，Basically the same as the same period last year，ADR increased by 4 year-on-year.4%。

Xu Shuguang, CEO of 188bet best bookmaker said，The company continues to pay attention to the increasing consumer demand in second- and third-tier cities，Continue to improve the national market layout，146 new hotels opened in the third quarter of 2018。

As of September 30, 2018，188bet best bookmaker has opened 2558 hotels in 278 cities across the country，The total number of guest rooms reaches 209463。There are 504 hotels under preparation。What deserves attention，The company’s store closing rate continues to be stable at the lowest store closing rate in the industry，22 stores closed in the third quarter。Out of 2558 hotels currently，About 80% concentrated in mid-range business services；At the same time, accelerate the development of mid-to-high-end brands，The four major mid-to-high-end brands, including Green Oriental, account for nearly 25% of the stores under construction。

As of September 30, 2018，188bet best bookmaker’s membership program has attracted approximately 26 million individual members，More than 1.02 million corporate members。Benefit from a loyal membership base，2018 third quarter，About 95% of 188bet best bookmaker’s room nights come from the company’s direct sales channels，Including individual members and corporate members。Extensive membership base and direct sales channels effectively reduce marketing expenses、Improved hotel profitability，Directly bring higher profits to franchisees、Fast return。Reporter learned，188bet best bookmaker Group’s estimate，The company’s total annual revenue in 2018 will increase by 20-25% year-on-year compared with 2017，Maintain full-year revenue growth guidance unchanged。

*Source of this 188bet best bookmaker: Securities Times Network，Author: Zhu Kai，Original title: "188bet best bookmaker’s revenue increased by 22% in the third quarter and 146 new stores were opened nationwide》.