（China，Shanghai) September 14th evening，Huazhu Group (NASDAQ: HTHT, which returned to Hong Kong for a secondary listing，Hereinafter referred to as Huazhu) announced its unaudited second quarter financial report for 2020。

As of June 30, 2020，Huazhu owns 6,187 hotels in operation，Includes 758 leased and owned hotels and 5,429 managed, franchised and franchised hotels，Total 599,235 hotel rooms。Meanwhile，2,375 hotels in preparation。Compared to Q1，Huazhu Q2 net added 234 hotels。

It’s worth noting，In the previous performance announcement，Huazhu Group had expected，Net income will decline 32% to 34% year-over-year in the second quarter of 2020，If income from Deutsche Hotel is not included，will drop by 35% to 37%。According to the prospectus，Huazhu’s second quarter net income 19.5.3 billion yuan，31 year-on-year decrease.7%，The actual situation 188bet app of losses is slightly better than previously expected。Second quarter net loss 5.4.8 billion yuan，Loss 21 compared to Q1.3.5 billion yuan，The month-on-month loss narrowed significantly。

Second quarter financial report display，Non-US GAAP，Adjusted EBITDA is approximately negative RMB 97 million，Adjusted EBITDA is about RMB 700 million negative compared to Q1，There has been significant growth and improvement。

To this，Ji Qi, founder of Huazhu Group said，“The adjusted EBITDA loss of all Huazhu Group’s hotels decreased significantly from RMB 700 million in the first quarter to RMB 97 million in the second quarter，This is mainly due to the strong recovery of Huazhu’s hotels in the second quarter and the upward trend of RevPAR。RevPAR of DH hotels from the end of March、The low point in early April has also begun to gradually recover。We are very pleased to see the operating data of Huazhu hotels and DH hotels in the third quarter、Continue to maintain a strong recovery trend in August。”

An obvious fact is，Occupancy rate of Huazhu Q2 operating data、Both RevPAR and average daily room rate are rising steadily，Significant improvement compared to Q1。Prospectus data disclosed，Huazhu’s second quarter RevPAR、188bet sports betting app download Average daily price、The occupancy rate is RMB 127 respectively、RMB 185 and 69%。Judging from single-month data，From June to present，Various business indicators are also showing an obvious trend towards the better。June，RevPAR (Revenue RevPAR) of Huazhu (excluding hotels requisitioned by the government)、The average daily room price and occupancy rate are RMB 137 respectively、RMB 192 and 71%；July，RevPAR、The average daily room price and occupancy rate are RMB 162 each、RMB 205 and 79%；August，RevPAR、The average daily room price and occupancy rate are RMB 187 respectively、RMB 223 and 84%。Except Huazhu，DH Hotel’s operating data is also steadily improving。DH Hotel’s operating data is also steadily improving,、Average daily room rate and occupancy rate 33 euros、€96 and 34%，And the RevPAR of DH's hotels in August,、Average daily room rate and occupancy rate 39 euros、95€ and 41%。

As the new crown epidemic is gradually under control，Inter-provincial group travel is gradually relaxed，Related data of Huazhu’s hotels are climbing steadily，The trend is improving。According to data from Huazhu Group，In mid-August，The opening rate of Huazhu’s hotels reached 98%， The average occupancy rate (OCC) exceeded 90% in a single day on 188bet app August 12th,RevPAR exceeded 200 yuan for the first time after the epidemic。

Scale，Second quarter of 2020，Huazhu net added 234 hotels。As of June 30, 2020，In more than 400 cities across the country，Huazhu owns 6,187 hotels in operation，Total 599,235 hotel rooms。

In Huazhu 2019 Annual Report，Huazhu has stated that it will maintain full-year operations in 20201,600-1,Speed ​​of 800 stores。To this，Q2 financial report display，Huazhu will maintain its full-year opening forecast unchanged。Ji Qi also said，Market integration will continue to accelerate，Huazhu is ready，will continue to sink after the epidemic crisis，Expand market share。