Search results for “Huazhu Group”
Huazhu Group forms joint venture with Sunac China
03/23/2021|10:58:52 AM|
The joint venture company, named Yongle Huazhu Hotel & Resort Group, is formed with a total registered capital of RMB 50 million.
Huazhu Group aims to be bigger, gears up for a brighter future
03/30/2021|10:44:56 AM|
The Chinese hotel company has carved out its strategic focus for 2021, built on property expansion, strengthening bonds with existing and new customers, both backed up astute data strategy and digitization project.
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021|11:40:07 AM|
After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Huazhu Group files prospectus for secondary listing in Hong Kong
09/10/2020|12:16:47 PM|
Huazhu will raise no more than USD 970 million through the second listing in Hong Kong.
Trip.com Group offers $500 million notes convertible to Huazhu ADS
07/13/2020|3:31:02 PM|
The OTA plans to use proceeds from the notes to repay existing debts.
Huazhu reports $471 million net income in Q4, expecting net revenue growth to top 50% in 2021
03/24/2021|10:15:50 PM|
Hotel turnover increased 17.5% year-over-year to RMB 11 billion for the fourth quarter, and decreased 5.6% to RMB 33 billion for the full year of 2020.
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