Huazhu Group Limited (HTHT) Reports Prelim Q1 Hotel Operations Results
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Huazhu Group Limited Announces Preliminary Results for Hotel Operations in the First Quarter of 2022
April 28, 2022 7:15 AM EDTSHANGHAI, China, April 28, 2022 (GLOBE NEWSWIRE) -- Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (Huazhu, we or our), a world-leading hotel group, today announced preliminary results for hotel operations in the first quarter (Q1 2022) ended March 31, 2022.
COVID-19 update For our Legacy-Huazhu business, RevPAR recovery in the first two months of 2022 was on track. Nevertheless, such recovery was significantly interrupted by the large-scale outbreak of the Omicron variant in over 30 provinces in China since early-March 2022. Many cities, such as Shanghai and Jilin, have been subject to lockdown since then, which... More
