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LoginOctober 27,Huazhu Group releases preliminary performance announcement for hotel operations in the third quarter of 2021。As of September 30, 2021,Legacy-DH has a total of 121 hotels in operation,39 hotels to be opened,The total number of guest rooms is about 2.430,000 rooms,Number of newly opened hotels in the third quarter of 2021: 1。The comprehensive occupancy rate of operating hotels is 48.6%,Combined RevPAR €48。As of September 30, 2021,Legacy-Huazhu has a total of 7345 hotels in operation,2788 hotels to be opened,The total number of guest rooms 188bet app is about 69.870,000 rooms,The number of newly opened hotels in the third quarter of 2021 is 481。The comprehensive occupancy rate of hotels in operation (excluding hotels under requisition) is 71.9%,Comprehensive RevPAR is RMB 177。
Announcement display,As of October 25, 2021,About 69% of Germany’s population has received at least one dose of vaccine,And about 66% of the population has been fully vaccinated。During summer vacation,Due to strong leisure demand,The recovery in hotel demand is gratifying。After summer vacation,DH Hotel RevPAR remains flexible,It is mainly driven by business needs。In the third quarter of 2021,DH Hotel’s occupancy rate reaches approximately 49%, Blended RevPAR reaches approximately 65% of 2019 levels。At the same time,DH continues to implement further cost reduction and cash flow management measures,Especially in terms of staff and rental costs。
As understood,Huazhu Group Co., Ltd. originated from China,is a world-leading hotel group。As of September 30, 2021,Huazhu operates 7466 hotels in 17 countries,Has 72.30,000 guest rooms 188bet app download in operation。Huazhu’s brands include Hi Inn Hotel、Elan Hotel、Hanting Hotel、All Seasons Hotel、Starway Hotel、Orange Hotel、Orange Crystal Hotel、Manxin Hotel、Royalton Hotel、Xiyue Hotel、Huajiantang、Nihao Hotel and CitiGO Hotel。After completing the acquisition of DH Hotel on January 2, 2020,Huazhu adds five brands to its portfolio,Including Shibaige、Beautiful hotel、Jaz in the City、IntercityHotel and Zleep Hotels。
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 September 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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