China Lodging Group, Limited Announces Preliminary Hotel Operating Results For Second Quarter Of 2013

SHANGHAI, China, July 15, 2013 (GLOBE NEWSWIRE) -- Shanghai, China, July 15, 2013 – China Lodging Group, Limited (Nasdaq:HTHT) ("China Lodging Group" or the " Company"), a leading and fast-growing multi-brand hotel group in China, today announced preliminary hotel operating results for the second quarter ended June 30, 2013.
Hotel Development
  Number of hotels in operation Number of rooms in operation
  Net added in Q2 2013 As of June 30, 2013 Net added in Q2 2013 As of June 30, 2013
Leased hotels 30  514  3,951  60,729
Manachised hotels 93  679  9,480  69,546
Franchised hotels*  (12)  23  (1,434)  2,282
Total 111  1,216  11,997  132,557
* refers to franchised Starway hotels
  Number of hotels in pipeline as of June 30, 2013
Leased hotels 70
Manachised hotels 362
Total 432
Operating metrics
  For the quarter ended
  June 30, March 31, June 30,
  2012 2013 2013
Occupancy rate (as a percentage)    
Leased hotels 97% 85% 90%
Manachised hotels 98% 88% 92%
Blended 97% 87% 91%
Average daily room rate (in RMB)    
Leased hotels 187 178 190
Manachised hotels 175 167 176
Blended 181 172 182
RevPAR (in RMB)      
Leased hotels 181 152 172
Manachised hotels 171 146 162
Blended 176 149 167
Like-for-like performance for leased and manachised hotels opened for at least 18 months during the current quarter
     
  As of and for the quarter ended
  June 30, 
  2012 2013
Total hotels  628  628
Leased hotels  339  339
Manachised hotels  289  289
Total rooms  72,127  72,127
Leased hotels  41,105  41,105
Manachised hotels  31,022  31,022
Occupancy rate (as a percentage) 100% 97%
Average daily room rate (in RMB) 184 190
RevPAR (in RMB) 185 185

About China Lodging Group, Limited

China Lodging Group, Limited is a leading and fast-growing multi-brand hotel group in China. The Company provides business and leisure travelers with high-quality, and conveniently-located hotel products under five brands, namely, Joya Hotel, JI Hotel, Starway Hotel, HanTing Hotel, and Hi Inn. For more information, please visit the Company's website: http://ir.huazhu.com .

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The information in this release contains forward-looking statements which involve risks and uncertainties. Such factors and risks include our anticipated growth strategies; our future results of operations and financial condition; the economic conditions of China; the regulatory environment in China; our ability to attract customers and leverage our brand; trends and competition in the lodging industry; the expected growth of the lodging market in China; and other factors and risks detailed in our filings with the Securities and Exchange Commission. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as "may," "should," "will," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," "forecast," "project," or "continue," the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results.

The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
CONTACT: Ida Yu         Investor Relations Manager         Tel: 86 (21) 6195 9561         Email: ir@huazhu.com         http://ir.huazhu.com

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