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January 10, 2013
17:06 EDTHTHTChina Lodging Group reports preliminary Q4 hotel operating results
In Q4, excluding franchised Starway hotels, the blended RevPAR came in at RMB162, compared with RMB167 a year ago. For the hotels in operation for at least 18 months, excluding franchised Starway hotels, the RevPAR was RMB179, representing a 2% same-hotel RevPAR increase year-over-year, with a 1% increase in ADR and a 1% increase in occupancy. In Q4, the company added 51 leased hotels and 69 net franchised and managed hotels. As of December 31, 2012, the company had 466 leased hotels, 515 manachised hotels, and 54 franchised Starway hotels in operation.
News For HTHT From The Last 14 Days
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May 26, 2015
08:36 EDTHTHTChina Lodging appoints Jenny Zhang as CEO
China Lodging announced that its board of directors has appointed Jenny Zhang, previously president of the company, as CEO of the company, effective May 26. Jenny Zhang has been with the company for eight years and has held top management positions. She has been president of the company since January. In her role as president, Jenny oversaw the operations of the whole company. She served as CFO from March 2008-May 2015, and as Chief Strategy Officer from November 2013-January 2015.
May 22, 2015
05:18 EDTHTHTChina Lodging appoints Hui Chen as CFO
China Lodging announced that it has appointed Hui Chen as CFO, effective May 22. Chen has been EVP of Finance since January.
May 15, 2015
09:39 EDTHTHTChina Lodging upgraded to Buy from Neutral at BofA/Merrill
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09:35 EDTHTHTChina Lodging upgraded to Overweight from Neutral at JPMorgan
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May 14, 2015
16:41 EDTHTHTChina Lodging reports Q1 adjusted EPS (1c)
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