SHANGHAI, China, Oct. 14, 2015 (GLOBE NEWSWIRE) -- 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 its preliminary results for the hotel operation in the third quarter ended September 30, 2015.

Hotel Development
  Number of hotels in operation Number of rooms in operation
  Opened  Closed (1)  Net added  As of  Net added  As of 
  in Q3 2015 in Q3 2015 in Q3 2015 September 30, 2015 in Q3 2015 September 30, 2015
Leased hotels  5  (2)  3  619  626  75,384
Manachised and franchised hotels  221  (20)  201  1,969  17,106  188,692
Total  226  (22)  204  2,588  17,732  264,076
(1) Reasons for closures include contract expiration, brand consolidation, urban rezoning and others.
             
  Number of hotels in pipeline as of September 30, 2015
Leased hotels 16
Manachised and franchised hotels 680
Total 696

Operating Metrics
  For the quarter ended
  September 30, June 30, September 30,
  2014 2015 2015
Occupancy rate (as a percentage)      
Leased hotels 93% 87% 91%
Manachised hotels 92% 85% 89%
Franchised hotels N/A 74% 73%
Blended 93% 86% 89%
Average daily room rate (in RMB)      
Leased hotels 198 201 207
Manachised hotels 180 172 179
Franchised hotels N/A 171 187
Blended 187 181 188
RevPAR (in RMB)      
Leased hotels 184 176 188
Manachised hotels 166 146 159
Franchised hotels N/A 126 137
Blended 173 156 167
       

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  
  September 30,  yoy
  2014 2015 change
Total   1,493  1,493  
Leased hotels  561  561  
Manachised and franchised hotels  932  932  
Occupancy rate (as a percentage) 95% 91% -3.2%
Average daily room rate (in RMB) 189 190 0.3%
RevPAR (in RMB) 179 173 -3.0%

Business Update by Segment
Hotel breakdown by segment
 
  Number of hotels in operation
  Net added  As of 
  in Q3 2015 September 30, 2015
Economy hotels  169  2,317
HanTing Hotel  98  1,934
Leased hotels  (1)  501
Manachised hotels  99  1,433
Hi Inn  36  267
Leased hotels  --   39
Manachised hotels  29  215
Franchised hotels  7  13
Elan Hotel  35  116
Manachised hotels  31  102
Franchised hotels  4  14
Midscale and upscale hotels  35  271
JI Hotel  20  165
Leased hotels  6  71
Manachised hotels  14  94
Starway Hotel  15  101
Leased hotels  (2)  5
Manachised hotels  (5)  53
Franchised hotels  22  43
Joya Hotel  --   3
Leased hotels  --   2
Manachised hotels  --   1
Manxin Hotels & Resorts  --   2
Leased hotels  --   1
Manachised hotels  --   1
Total  204  2,588

 
Same-hotel operational data by segment
  Number of hotels in operation Same-hotel RevPAR   Same-hotel ADR   Same-hotel Occupancy  
  As of For the quarter ended   For the quarter ended   For the quarter ended  
  September 30, September 30, yoy September 30, yoy September 30,   yoy
  2014 2015 2014 2015 change 2014 2015 change 2014 2015 change
Economy hotels  1,391  1,391 173 165 -4.4% 181 180 -0.7% 95% 92% -3.5%
 Leased hotels  509  509 174 167 -4.2% 185 184 -0.4% 94% 91% -3.6%
 Manachised and franchised hotels  882  882 171 164 -4.5% 179 177 -0.8% 96% 92% -3.5%
Midscale and upscale hotels  102  102 247 263 6.4% 283 298 5.2% 87% 88% 1.0%
 Leased hotels  52  52 272 296 9.1% 304 324 6.5% 90% 92% 2.1%
 Manachised and franchised hotels  50  50 214 215 0.2% 252 258 2.3% 85% 83% -1.7%
Total  1,493  1,493 179 173 -3.0% 189 190 0.3% 95% 91% -3.2%

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 seven brands, namely, Joya Hotel, Manxin Hotels & Resorts, JI Hotel, Starway Hotel, HanTing Hotel, Elan 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         Sr. Manager of Investor Relations         Tel: 86 (21) 6195 9561         Email: ir@huazhu.com         http://ir.huazhu.com