August 16, 2016 Beijing time，Huazhu Hotel Group (NASDAQ: HTHT，Hereinafter referred to as Huazhu) announced the unaudited second quarter financial report of 2016。Data display，188bet app net revenue in the second quarter was RMB 16.5.7 billion yuan (approximately 2.USD 4.9 billion)，13 year-on-year increase.7%，The increase is in line with expectations；Net profit is 3.1.6 billion yuan (approximately 4,7.5 million US dollars)，Surge of 111 year-on-year.5%，Net profit margin increased significantly，Up from 10 in the same period last year.2% increased to 19%，Year-on-year growth of 8.8 percentage points；Among them，Operating profit increased by 31% year-on-year.9%，reached 2.63.4 billion yuan (approximately 3,9.6 million US dollars)。

Hotel product upgrades continue to release performance

Second Quarter 2016，188bet app ADR (average room rate of rented rooms) is 184 yuan，1 year-on-year increase.8%；Occupancy rate 85.2%，With last year’s 85.8% basically the same；RevPAR (revenue per available room) 157 yuan，1 year-on-year increase.1%。

Second Quarter，188bet app mid- to high-end hotels still perform well，Among them, the RevPAR of mature hotels (hotels operating for more than 18 months) increased by 8 year-on-year.6%，ADR growth 2.9%，Occupancy rate increased by 4.5%。

Ms. Zhang Min, CEO (CEO) of Huazhu Hotel Group, said: “This quarter，We have taken another solid step with excellent results。Not only 188bet app net revenue increased by 13% year-on-year.7%，In line with expectations；188bet app operating profit increased by 31% year-on-year in the second quarter.9%，Adjusted EBITDA growth 51.4%，This is all inseparable from the fact that Huazhu started from Hanting in recent years、Hifriend and other mature brands start，Continue to promote the quality upgrade of hotel products，To comprehensively improve market competitiveness，And further optimize the company’s internal management，Continuously improve operating efficiency。”

As of June 30, 2016，188bet app loyalty program “Huazhu Club” has attracted more than 6,1 million members。In the second quarter of 2016，These members contribute more than 80% of room nights，And about 89% of room nights are sold through 188bet app direct sales channels。

188bet app asset-light model boosts multi-brand effect

As of June 30, 2016，188bet app is in 357 cities across the country，Opened 3,114 hotels，Total number of rooms 314,811 rooms，28% increase compared to last year，Including 627 directly operated stores、Manage franchise stores 2,306 families、181 franchise stores。In Q2，188bet app net added 125 hotels: 174 new hotels，49 hotels eliminated，33% of them are mid-to-high-end brands。As of the end of June，188bet app has 586 hotels under preparation: 23 directly operated hotels、563 franchise and franchise stores，36% of them are mid-to-high-end brands。

“Through the consolidation of China Lodging’s mid- to high-end hotel business，We are excited to see that while growing in scale，The operating performance of these hotels has also been continuously improved。Mature hotels in mid- to high-end hotels show RevPAR growth of high single digits。As of June 30，36% of the planned hotels in China are mid- to high-end brands，The market responded enthusiastically。" 188bet app CEO Zhang Min said，“Especially with the rise of leisure travel market，We are always optimistic about the prospects of China’s tourism market。188bet app will also continue to implement multi-brand development and light asset strategies，Expect to provide high-quality hotel products，And achieve strong operating results。”

Except hotel business，The growth momentum of 188bet app innovative business line cannot be underestimated，Among them, Huazhu Mall (online gift mall: hmall.huazhu.com) and independently innovative IT products and services contributed RMB 9 million (approximately US.4 million) in revenue to Huazhu in the second quarter。

According to financial report estimates，188bet app net revenue in the third quarter of 2016 will increase by 10% year-on-year-12.5%。Huazhu reiterates full-year net revenue growth forecast，Maintain the growth range of 12%-15% unchanged。

About 188bet app

188bet app Hotel Group (NASDAQ:HTHT)，It is the first multi-brand hotel chain management group in China。Already has 3 in more than 350 cities in China,000+ hotels and 50,More than 000 employees，Ranked 10th in the global hotel rankings in 2015，BrandZ Top 100 Chinese Brands in 2016。Since 2014，188bet app Hotel Group and AccorHotels Group form a long-term strategic alliance，Jointly develop hotel business in China。After cross collaboration，Making the world over 8,5 million loyal members，Has access to the world 7,More than 000 hotels - Grand Mercure covering the high-end market、Xiyue and Manxin，Novotel in the mid-range market、Mercure、Full Season、Starway，And ibis Styles for the economy market、ibis、Hanting、Yilaihe Haiyou，Satisfies everything from high-end to affordable、Personalized needs from business travel to leisure vacation，And focus on service innovation in the mobile Internet era。