Huazhu Group Limited Provides Earnings Guidance for the Second Quarter of 2021
May 25, 2021 at 07:39 am EDT
Huazhu Group Limited provided earnings guidance for the second quarter of 2021. For the period, the company expects net revenues growth to be in the range of 87%-89% compared to the second quarter of 2020, or 90%-92% if excluding DH. To provide a more meaningful guidance excluding the impact of COVID-19, the company expects net revenue growth to be in the range of 27%-29% compared to pre-COVID-19 results in the second quarter of 2019, or 20%-22% if excluding DH.