Huazhu Group Limited (HTHT) Misses Q3 EPS by 10c, Revenues Miss; Maintains Revenue Growth Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. AMGN
3. BKNG
4. DOX
5. DUOL
6. ANET
7. XYZ
8. SPY
9. SWKS
10. FISV

Go back to Huazhu Group Limited (HTHT) Misses Q3 EPS by 10c, Revenues Miss; Maintains Revenue Growth Outlook

Huazhu Group Limited Reports Third Quarter of 2019 Financial Results

November 12, 2019 4:30 PM EST

A total of 5,151 hotels or 504,414 hotel rooms in operation as of September 30, 2019.
Hotel turnover1 increased 19% year-over-year to RMB10 billion for the third quarter of 2019.Net revenues increased 10.4% year-over-year to RMB3.1 billion (US$427 million)2 for the third quarter of 2019, in line with the revenue guidance previously announced of 9%-11%.The Company entered into a share purchase agreement to acquire all shares in Steigenberger Hotels Aktiengesellschaft, Germany (Deutsche Hospitality). The acquisition is expected to complete in January 2020.... More