Blossom House

The hotel industry is leading the recovery, and the leading Group deserves attention

Retrieved on: 
Tuesday, April 11, 2023
Deutsche Hospitality, The Spring Festival, Insurance, Travel, Marketing, Spring Festival, COVID-19, Tourism, Environment, Commerce, British Chamber of Commerce in Japan, RevPAR, Executive, Face, Industrialisation, German, Policy, Jamaica and the World Bank, Work, Growth, MAXX, Blossom House, ADR, Government, Ministry, Legacy, RMB, Ministry of Commerce (Myanmar), Urbanization, Indo-German Chamber of Commerce, University, World Bank, Movement, Digital technology, EBITDA, GBTA, Economic development, Lifting, City, Ecosystem, WTTC, United States Chamber of Commerce, Cryptocurrency, Airline, Retail, Zhou Jihong, Education

With tourism being a critical aspect of post-pandemic consumption, the hotel industry will play a significant role in restoring and expanding consumption.

Key Points: 
  • With tourism being a critical aspect of post-pandemic consumption, the hotel industry will play a significant role in restoring and expanding consumption.
  • Hotel turnover surged by 10.5% year-over-year to RMB13.1 billion in Q4-22 and increased 9.3% year-over-year to RMB49.6 billion for FY22.
  • The Group exercised reasonable cost control measures, achieving a rental reduction of about RMB300 million in 2022.
  • In the highly competitive hotel industry, hotels can only maintain the leading position in the market by providing differentiated services.

The hotel industry is leading the recovery, and the leading Group deserves attention

Retrieved on: 
Tuesday, April 11, 2023
Deutsche Hospitality, The Spring Festival, Insurance, Travel, Marketing, Spring Festival, COVID-19, Tourism, Environment, Commerce, Arab British Chamber of Commerce, RevPAR, Executive, Face, Industrialisation, German, Policy, Jamaica and the World Bank, Digitalization, Work, Growth, MAXX, Blossom House, ADR, Government, Ministry, Legacy, RMB, Ministry of Commerce (Myanmar), Urbanization, Indo-German Chamber of Commerce, University, World Bank, Movement, Digital technology, EBITDA, GBTA, Economic development, Lifting, City, Ecosystem, WTTC, United States Chamber of Commerce, Cryptocurrency, Airline, Zhou Jihong, Education

With tourism being a critical aspect of post-pandemic consumption, the hotel industry will play a significant role in restoring and expanding consumption.

Key Points: 
  • With tourism being a critical aspect of post-pandemic consumption, the hotel industry will play a significant role in restoring and expanding consumption.
  • Hotel turnover surged by 10.5% year-over-year to RMB13.1 billion in Q4-22 and increased 9.3% year-over-year to RMB49.6 billion for FY22.
  • In the highly competitive hotel industry, hotels can only maintain the leading position in the market by providing differentiated services.
  • Jin Hui stated that the next phase of the Group's management goal would be to bring China's hotel industry to global standards and heights.

H World Group sells its shares in Accor, both companies to continue partnership in developing their hotel operations in China

Retrieved on: 
Friday, March 3, 2023
Greater China, Huazhu Hotels Group, MAXX, Blossom House, Ibis, Madison Hotel, City, Partnership, Hotel, Mercure, Accor

After this transaction, H World Group no longer owns any stake in Accor, but both sides will continue to develop their successful partnership.

Key Points: 
  • After this transaction, H World Group no longer owns any stake in Accor, but both sides will continue to develop their successful partnership.
  • As world-renowned hotel groups, H World Group and Accor established strategic partnership with cross shareholding in 2016.
  • H World Group is a key player in the global hotel industry, operating multiple hotel and apartment brands with coverage from luxury to economy markets.
  • H World's brands include Hi Inn, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels.

H World Group Limited Announces the Change of Chief Financial Officer

Retrieved on: 
Friday, December 2, 2022
Roland Berger (company), University, SE, BASF, Mercure, MAXX, MBA, Fraport, Madison Hotel, Blossom House, Ibis, Growth, HKEX, Huazhu Hotels Group, SGX, Temasek, Strategic management, BASF SE, City, Management, Hotel

SHANGHAI, China, Dec. 02, 2022 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (H World or the Company), a key player in the global hotel industry, today announced that Ms. Hui Chen will step down as the chief financial officer of the Company, effective immediately.

Key Points: 
  • SHANGHAI, China, Dec. 02, 2022 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (H World or the Company), a key player in the global hotel industry, today announced that Ms. Hui Chen will step down as the chief financial officer of the Company, effective immediately.
  • Ms. Jihong He, the Companys chief executive officer for international business, has been appointed as the chief financial officer of the Company, effective immediately.
  • Originated in China, H World Group Limited is a key player in the global hotel industry.
  • Under the manachise model, H World manages manachised hotels through the on-site hotel managers that H World appoints, and H World collects fees from franchisees.

H World Group Limited Schedules Third Quarter of 2022 Earnings Release on November 28, 2022

Retrieved on: 
Thursday, November 10, 2022
GLOBE, PIN, Madison Hotel, City, Huazhu Hotels Group, Stock exchange, Private Securities Litigation Reform Act, Mission statement, Ibis, HKEX, NASDAQ, U.S. Securities and Exchange Commission, Blossom House, MAXX, Hong Kong Stock Exchange, Terminology, Growth, Industry, Security (finance), Online shopping, Hotel, Mercure

Originated in China, H World Group Limited is a key player in the global hotel industry.

Key Points: 
  • Originated in China, H World Group Limited is a key player in the global hotel industry.
  • As of September30, 2022, H World operated 8,402 hotels with 797,489 rooms in operation in 17 countries.
  • Under the manachise model, H World manages manachised hotels through the on-site hotel managers that H World appoints, and H World collects fees from franchisees.
  • As of September30, 2022, H World operates 13 percent of its hotel rooms under lease and ownership model, and 87 percent under manachise and franchise models.

H World Group Limited Announces Preliminary Results for Hotel Operations in the Third Quarter of 2022

Retrieved on: 
Tuesday, October 25, 2022
Huazhu Hotels Group, Growth, Blossom House, Ibis, Madison Hotel, Terminology, Private Securities Litigation Reform Act, Industry, MAXX, Mission statement, Securities and Exchange Commission (Philippines), City, U.S. Securities and Exchange Commission, Tourism, Hotel, Mercure

Originated in China, H World Group Limited is a key player in the global hotel industry.

Key Points: 
  • Originated in China, H World Group Limited is a key player in the global hotel industry.
  • As of September30, 2022, H World operated 8,402 hotels with 797,489 rooms in operation in 17 countries.
  • H Worlds brands include Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels.
  • Under the manachise model, H World manages manachised hotels through the on-site hotel managers that H World appoints, and H World collects fees from franchisees.

H World Group Limited Schedules Second Quarter and Interim of 2022 Earnings Release on August 29, 2022

Retrieved on: 
Monday, August 15, 2022
U.S. Securities and Exchange Commission, Interim, Industry, GLOBE, Hong Kong Stock Exchange, Growth, Huazhu Hotels Group, Stock exchange, Madison Hotel, HKEX, Mission statement, PIN, NASDAQ, Ibis, Private Securities Litigation Reform Act, Blossom House, MAXX, City, Terminology, Airline, Security (finance), Hotel, Mercure

Originated in China, H World Group Limited is a world-leading hotel group.

Key Points: 
  • Originated in China, H World Group Limited is a world-leading hotel group.
  • As of June30, 2022, H World operated 8,176 hotels with 773,898 rooms in operation in 17 countries.
  • Under the manachise model, H World manages manachised hotels through the on-site hotel managers that H World appoints, and H World collects fees from franchisees.
  • As of June30, 2022, H World operates 14 percent of its hotel rooms under lease and ownership model, and 86 percent under manachise and franchise models.

H World Group Limited Announces Preliminary Results for Hotel Operations in the Second Quarter of 2022

Retrieved on: 
Wednesday, July 20, 2022
Huazhu Hotels Group, Industry, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, City, Mission statement, Madison Hotel, Ibis, Terminology, Blossom House, Growth, MAXX, Tourism, Hotel, Mercure

Originated in China, H World Group Limited is a world-leading hotel group.

Key Points: 
  • Originated in China, H World Group Limited is a world-leading hotel group.
  • As of June30, 2022, H World operated 8,176 hotels with 773,898 rooms in operation in 17 countries.
  • H Worlds brands include Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels.
  • Under the manachise model, H World manages manachised hotels through the on-site hotel managers that H World appoints, and H World collects fees from franchisees.

Huazhu Group Limited Schedules First Quarter of 2022 Earnings Release on May 30, 2022

Retrieved on: 
Tuesday, May 17, 2022
Blossom House, Mission statement, ID, U.S. Securities and Exchange Commission, NASDAQ, Internet, City, Industry, Stock exchange, Terminology, Shanghai Stock Exchange, MAXX, HKEX, Ibis, Private Securities Litigation Reform Act, Growth, Direct, Madison Hotel, GLOBE, Tutoring, Hotel, Huazhu Hotels Group, Mercure

The earnings release will be available on the Companys investor relations website at https://ir.huazhu.com/news-and-events/press-releases.

Key Points: 
  • The earnings release will be available on the Companys investor relations website at https://ir.huazhu.com/news-and-events/press-releases.
  • A recording of the conference call will be available after the conclusion of the conference call through June 7, 2022.
  • Originated in China, Huazhu Group Limited is a world-leading hotel group.
  • Under the manachise model, Huazhu manages manachised hotels through the on-site hotel managers that Huazhu appoints, and Huazhu collects fees from franchisees.

Huazhu Group Limited Announces Preliminary Results for Hotel Operations in the First Quarter of 2022

Retrieved on: 
Thursday, April 28, 2022
Mission statement, Securities & Exchange Commission of Pakistan, Ibis, City, U.S. Securities and Exchange Commission, Growth, Private Securities Litigation Reform Act, Madison Hotel, MAXX, Terminology, Blossom House, Industry, Hotel, Nightclub, Mercure, Huazhu Hotels Group

(9) As of March 31, 2022, 3 operational hotels and 1 pipeline hotel of Steigenberger Icon were in China.

Key Points: 
  • (9) As of March 31, 2022, 3 operational hotels and 1 pipeline hotel of Steigenberger Icon were in China.
  • Originated in China, Huazhu Group Limited is a world-leading hotel group.
  • Huazhus brands include Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels.
  • Under the manachise model, Huazhu manages manachised hotels through the on-site hotel managers that Huazhu appoints, and Huazhu collects fees from franchisees.