188bet online live casino net revenue in the second quarter was 2.9 billion yuan,13 year-on-year increase.4%

Big accommodation Author of this 188bet online live casino: Qu Xiaoyi 2019-08-22
188bet online live casino Group announced its unaudited second quarter financial report for 2019。

August 22,Huazhu Group (“Huazhu”) announced its unaudited financial report for the second quarter of 2019。Financial report display,In the second quarter of 2019, the total revenue of all Huazhu 188bet online live casino 18% year-on-year to 8.8 billion yuan;Net revenue increased by 13% year-on-year.4% to 2.9 billion yuan;Net profit attributable to Huazhu increased by 81% year-on-year.4% to 6.1.3 billion yuan。Huazhu expects net revenue to increase by 9%-11% year-on-year in the third quarter of 2019,And adjust the full-year net revenue growth guidance to 10%-12%。

Net addition of 269 188bet online live casino in the second quarter,The total number of guest rooms increased by 17 year-on-year.8%

Second quarter of 2019,Huazhu Hotel continues to expand in scale,Net increase of 269 188bet online live casino。As of June 30, 2019,Huazhu opened 4665 188bet online live casino in 413 cities across the country,Including 696 directly operated stores、3692 managed franchise stores and 277 franchised stores,The total number of guest rooms reaches 463296,17 year-on-year increase.8%。

Due to the growth of mature hotel ADR (average room rate of rented rooms) and the increase in the proportion of mid-to-high-end hotels with higher ADR in the company's brand portfolio,The ADR of Huazhu’s 188bet online live casino 4 year-on-year in the second quarter of 2019.4%,is 236 yuan;Benefit from the improvement of ADR,RevPAR (revenue per available room) increased by 1.3% to 206 yuan;Average occupancy rate 86.9%。Among them,The same-store RevPAR of mature hotels (hotels operating for more than 18 months) is 202 yuan,ADR is 226 yuan,Average occupancy rate 89.3%。Huazhu Group CEO Zhang Min said,Huazhu still maintains rapid expansion,First half of this year,Huazhu net added 435 hotels,As of the end of the second quarter, there are still 1553 hotels under preparation。

Economic and mid- to high-end 188bet online live casino keep pace with each other,Official sales channels have significant advantages

Second quarter of 2019,The mature hotel same-store RevPAR of Huazhu’s budget 188bet online live casino is 171 yuan,ADR is 187 yuan,Occupancy rate 91.6%。To this,Zhang Min said,Huazhu will continue to upgrade its accommodation experience,"July this year,We just launched the first Hanting 3.0 Smart Hotel,Focus on new designs and technology-driven services at reasonable prices,The new model is expected to drive Huazhu to accelerate the expansion of budget 188bet online live casino in the next few years。”

At the same time,The same-store RevPAR of a mature hotel in a mid- to high-end hotel is 272 yuan,ADR is 323 yuan,Occupancy rate 84.1%。It is reported,For the high-end market,Huazhu will be in Shanghai next year、Four Xiyue 188bet online live casino opened in the core business districts of Hangzhou and Chengdu。

As of June 30, 2019,188bet online live casino loyalty program “Huazhu Club” has attracted more than 1.3.2 billion members。In the second quarter of 2019,Members contribute more than 75% of room nights;Over 84% of room nights come from 188bet online live casino direct sales channels,188bet online live casino official sales channels continue to have significant advantages。

*Source of this 188bet online live casino: Beijing News,Author: Qu Xiaoyi,Original title: "188bet online live casino net revenue in the second quarter was 2.9 billion yuan,13 year-on-year increase.4%

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