First Quarter of 2022 Earnings Call
Huazhu Group Limited
(NASDAQ: HTHT and HKEX: 1179)
May 31, 2022
1
AGENDA
- 1Q2022 Business Update
- 1Q2022 Operational and Financial Review
- Liquidity and Guidance
- Q and A
- Appendix
2
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 | |
83% | 100% | ||
75% | 95% | ||
65% | |||
74% | 67% | ||
53% | |||
106% | 100% | 103% | ||
92% | ||||
65% | 90% | 90% | ||
76% | ||||
58% | ||||
56% Lockdown imposed in several cities54%COVID-19resurgence
(ie. Shanghai and Jilin) due to | in more than 20 cities | |||
COVID-19 resurgence in Shanghai, | ||||
massive spread of Omicron Variant | ||||
Beijing and Hebei and stay local policy | ||||
Spread of Delta Variant from | ||||
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 | |
Blended RevPAR recovery in April and in May MTD 2022 if included hotels under requisition. | 3 |
1
2
3
Reinforcement of Cost Control for Legacy-Huazhu
华住中国加强成本管控
Streamlining headcounts and expenses
人力成本和费用优化
Concentrating resources to major strategies
战略聚焦
Negotiating on lease waiver/reduction
疫情下的租金减免
4
Taking on Social Responsibilities to Provide Requisitioned Hotels
承担企业社会责任,提供征用酒店
Number of Hotels under Requisition
1,728 | 1,804 | 1,765 | 1,709 | |
1,654 | ||||
1,615 | ||||
1,541 | ||||
1,299
966
759
375
232
4-Mar-2211-Mar-2218-Mar-2225-Mar-221-Apr-228-Apr-2215-Apr-2222-Apr-2229-Apr-226-May-2213-May-2220-May-22
* Numbers in this page refers to Legacy-Huazhu business | 5 |
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Huazhu Group Ltd. published this content on 31 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2022 10:29:03 UTC.