SHANGHAI, China, Jan. 11, 2016 (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 fourth quarter ended December 31, 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 Q4 2015   in Q4 2015   in Q4 2015   December 31, 2015   in Q4 2015   December 31, 2015  
Leased hotels   4     (7 )     (3 )   616     52   75,436  
Manachised and franchised hotels   192     (14 )     178     2,147     14,715   203,407  
Total   196     (21 )     175     2,763     14,767   278,843  
(1) Reasons for closures include contract expiration, failure to meet our standards and others.    

 
  Number of hotels in pipeline as of December 31, 2015  
Leased hotels 21  
Manachised and franchised hotels 656  
Total 677  
     

Operating Metrics
  For the quarter ended  
  December 31, September 30, December 31,  
    2014     2015     2015    
Occupancy rate (as a percentage)        
Leased hotels   87 %   91 %   86 %  
Manachised hotels   86 %   89 %   84 %  
Franchised hotels   N/A     73 %   67 %  
Blended   87 %   89 %   84 %  
Average daily room rate (in RMB)        
Leased hotels   190     207     201    
Manachised hotels   169     179     167    
Franchised hotels   N/A     187     172    
Blended   176     188     177    
RevPAR (in RMB)        
Leased hotels   166     188     172    
Manachised hotels   145     159     141    
Franchised hotels   N/A     137     116    
Blended   153     167     149    

 
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    
  December 31,   yoy  
    2014     2015   change  
Total      1,612       1,612      
Leased hotels     568       568      
Manachised and franchised hotels     1,044       1,044      
Occupancy rate (as a percentage)   89 %   86 %   -2.6 %  
Average daily room rate (in RMB)   178     178     0.0 %  
RevPAR (in RMB)   158     154     -2.9 %  
         

Business Update by Segment
Hotel breakdown by segment    
   
  Number of hotels in operation
  Net added   As of  
  in Q4 2015 December 31, 2015
Economy hotels     136     2,453
HanTing Hotel     69     2,003
Leased hotels     (6 )   495
Manachised hotels     75     1,508
Hi Inn     35     302
Leased hotels     (1 )   38
Manachised hotels     36     251
Franchised hotels     -     13
Elan Hotel     32     148
Manachised hotels     26     128
Franchised hotels     6     20
Midscale and upscale hotels     39     310
JI Hotel     21     186
Leased hotels     4     75
Manachised hotels     17     111
Starway Hotel     17     118
Leased hotels     (1 )   4
Manachised hotels     14     67
Franchised hotels     4     47
Joya Hotel     -      3
Leased hotels     -      2
Manachised hotels     -      1
Manxin Hotels & Resorts     -      2
Leased hotels     -      1
Manachised hotels     -      1
Mercure Hotel     1     1
Leased hotels     1     1
Total     175     2,763

 
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  
  December 31, December 31, yoy   December 31, yoy   December 31, yoy  
  2014 2015 2014 2015 change 2014 2015 change   2014     2015   change
Economy hotels   1,491   1,491 152 145   -4.6 % 169 167   -1.2 %   90 %   87 %   -3.1 %
Leased hotels   510   510 156 147   -5.3 % 175 173   -0.9 %   89 %   85 %   -4.0 %
Manachised and franchised hotels     981   981 149 143   -4.2 % 166 163   -1.5 %   90 %   87 %   -2.5 %
Midscale and upscale hotels   121   121 224 241   7.8 % 270 282   4.7 %   83 %   85 %   2.4 %
Leased hotels   58   58 245 276   12.5 % 291 308   5.8 %   84 %   90 %   5.3 %
Manachised and franchised hotels     63   63 195 196   0.4 % 240 245   2.4 %   81 %   80 %   -1.6 %
Total   1,612   1,612 158 154   -2.9 % 178 178   0.0 %   89 %   86 %   -2.6 %
                       

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 InformationIda YuSr. Manager of Investor RelationsTel: 86 (21) 6195 9561Email: ir@huazhu.comhttp://ir.huazhu.com