Search results for “Huazhu”
Accor to offload partial stake in China's Huazhu Group
12/06/2019|10:33:24 AM|
Accor will keep an estimated 5 percent stake in Huazhu and Chaiman/CEO Sebastien Bazin will remain on Huazhu's board of directors.
CEO Ji Qi foresees the future of Huazhu as a “world-class hotel company”
11/14/2019|9:59:36 AM|
The team, led by Qi and Jenny Zhang, is ready for a major leap after being in the business for 14 years. Huazhu is eyeing 10,000 hotels in 3-5 years, and sufficient scale in geographic areas outside China, too.
Huazhu net revenue increases by 10.4% to US$427 million in Q3
11/13/2019|9:40:27 AM|
Hotel turnover increased by 19% to RMB10 billion. Net revenues from leased and owned hotels were RMB2.1 billion, representing a 1.8% year-over-year increase.
Huazhu Group re-appoints chairman as new CEO, eyeing international expansion
11/08/2019|8:46:50 PM|
The Shanghai-based company also unveiled its "Accelerated Growth Goal" of establishing a global hotel network in the next five years.
Chinese hotel giant Huazhu to snap up Deutsche Hospitality for €700m
11/05/2019|11:21:11 AM|
Jenny Zhang, CEO of Huazhu, thinks that the merger of Deutsche Hospitality and Huazhu will create the foundation of a global hotel group that combines "German quality and Asian speed”.
Huazhu announces preliminary results for hotel operations in the third quarter of 2019
10/16/2019|3:33:47 PM|
Net revenue for 2019 Q3 is expected to increase by 10%-11% year-over-year, in line with guidance.
Huazhu-backed apartment service provider Chengjia raises nearly USD 300 million
09/10/2019|3:55:01 PM|
The proceeds will be used for expanding its property portfolio in core cities, brand building and developing its technology platform.
Huazhu to sustain expansion in upscale segment: CEO Jenny Zhang
08/28/2019|5:47:56 PM|
The hotel group expects revenue generation from its mid-scale and upscale hotel segments to go up further with aggressive development.
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