Fourth Quarter and Full Year of 2021 Earnings Call
Huazhu Group Limited
(NASDAQ: HTHT and HKEX: 1179)
Mar 24, 2022
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Sustainable Quality Growth
精益增长
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AGENDA
- 2021 Strategic Review and 2022 Strategic Focus
- 2021 Operational and Financial Review
- COVID-19Updates and Guidance
- Q and A
- Appendix
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Key priorities
01 Rapid Expansion of Quality Hotel
02 Multi-Dimensional Direct Sales
Our Achievements in 2021
2021年主要成就
Achievements
- Defining standards of 'Comfort 360' and quality hotel
- Hotel in operation achieved to 7,830, with net openings of 1,041 in 2021
- Continued penetrating into lower-tier cities, added ~200 new cities in 2021
- Successfully introduced and opened Intercity and Maxx brand hotels in China
- Opened 14 Steigenberger brand hotel in 2021 through JV with Sunac
- Blossom House to tap into booming domestic leisure travelling market
- Member base further increased by 14% YoY to 193m in 2021
- Launched H-world 3.0 to integrate customer service from online to offline
- Corporate members room nights contribution increased to 11% in 4Q21
- CRS contribution further increased to ~62% in 4Q21
03 | Global Technology Platform | • Gradual rollout of One Global Digital Platform in DH |
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COVID-19 Resurgence Constantly Impact RevPAR Recovery
疫情不断反复持续影响RevPAR的恢复
Blended RevPAR in 2021 and 2022 as % of 2019
RevPAR Recovery in 2022 | RevPAR Recovery in 2021 | |
100% | 106% | 100% | 103% | ||||
83% | |||||||
92% | |||||||
75% | 95% | 90% | 90% | ||||
74% | 64% | 76% |
56% | 54% | COVID-19 resurgence | |
Massive spread of Omicron Variant | |||
to more than 28 provinces | in more than 20 cities | ||
COVID-19 resurgence in Shanghai, | Spread of Delta Variant from | |||
Beijing and Hebei and stay local policy | Nanjing to several cities | |||
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
* Numbers in this page refers to Legacy-Huazhu business
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Huazhu Group Ltd. published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 22:07:05 UTC.