Huazhu Group Limited, a leading and fast-growing multi-brand hotel group in China, today announced preliminary results for hotel operations in the third quarter ended September 30, 2019.
Net revenue for 2019 Q3 is expected to increase by 10%-11% year-over-year, in line with guidance.
Huazhu’s unopened hotel pipeline further accelerated to a historical high of 1,736 hotels as of September 30, 2019.
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