Third Quarter of 2021 Earnings Call
Huazhu Group Limited
(NASDAQ: HTHT and HKEX: 1179)
Nov 25, 2021
1
From Mega Scale Growth to 'Lean' Growth
从超大规模增长到精益增长
2
AGENDA
- 3Q2021 Business Updates
- 3Q2021 Operational and Financial Review
- COVID-19Updates and Guidance
- Q and A
- Appendix
3
'Comfort 360' for Better Customer Experience
"安心360" 打造更好的用户体验
Central Procurement Standard | Hotel Facilities Standard |
• 94.7% of hotels complied | • 87.6% of hotels complied |
Hygiene Standard | Safety Standard |
• 82.5% of hotels complied | • 97.7% of hotels complied |
67% of hotels complied all above four standards
Data used above doesn't include Elan brand
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 as % of 2019
COVID-19 resurgence in Guangdong and traffic control in Beijing
106%
100% | |
COVID-19 resurgence in Shanghai, | |
95% | |
Beijing and Hebei and stay local policy | |
COVID-19 resurgence in Liaoning and Anhui
74% | First round of COVID-19 |
resurgence in Yunnan |
100% 103%
Second round of COVID-19 resurgence in Yunnan
Spread of Delta variant from Nanjing to several cities
92% | 90% | COVID-19 resurgence in |
more than 20 provinces | ||
COVID-19 | 68% |
resurgence in Fujian |
56% | 54% |
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct Nov (as of Nov 23rd) |
* Numbers in this page refers to Legacy-Huazhu business | COVID-19 resurgence with major impact on RevPAR | COVID-19 resurgence with limited impact on RevPAR | 5 | ||
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Huazhu Group Ltd. published this content on 24 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 23:19:01 UTC.