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Great Scenic Area Author of this article: Zhihui 2021-07-23
Among them,Legacy-Huazhu RevPAR recovered to 102% of 2019 levels。
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July 22,Huazhu Group releases preliminary performance announcement for hotel operations in the second quarter of 2021。Announcement,VPAR for the Legacy-Huazhu business recovered to 102% of 2019 in the second quarter of 2021,Slightly lower than previous expectations。The rebound in June was 100%,Slowed down from the 106% rebound in May。

Announcement display,Second quarter ended June 30, 2021,Legacy-Huazhu comprehensive 188bet online sports betting average daily price RMB 255,38 year-on-year increase.3%;Comprehensive occupancy rate 82.3%,13 year-on-year increase.5 percentage points;Comprehensive average RevPAR 210 yuan,65 year-on-year increase.5%。July,With the COVID-19 epidemic in Guangdong under effective control,Plus Beijing’s relaxed travel restrictions,RevPAR is back on track。

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As understood,Huazhu’s business includes leasing and owning,Manage franchising and franchise model。In rental and ownership modes,Huazhu directly operates hotels that are usually located on leased or owned properties。As of June 30, 2021,Huazhu operates 15% of its hotel rooms through leasing and owning models,Operates 85% of its hotel rooms through management, franchise and franchise models。

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