SHANGHAI, China, April 11, 2016 (GLOBE NEWSWIRE) -- China Lodging Group, Limited (NASDAQ:HTHT) ("China Lodging Group", "Hua Zhu"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 first quarter ended March 31, 2016.

Hotel Development
  Number of hotels in operation   Number of rooms in operation
  Opened (1) Closed (3) Net added As of   Net added As of
  in Q1 2016 in Q1 2016 in Q1 2016 March 31, 2016   in Q1 2016 March 31, 2016
Leased and owned hotels (2)   13     (2 )   11   627     1,827   77,263
Manachised and franchised hotels   231     (16 )   215   2,362     23,758   227,165
Total   244     (18 )   226   2,989     25,585   304,428
(1) Including 96 hotels merged to Huazhu platform due to Accor-Huazhu strategic alliance in Q1 2016.  
(2) Including 7 owned hotels under ibis brand.
(3) Reasons for closures include contract expiration, operating loss and others.
 

  Number of hotels in pipeline asof March 31, 2016  
Leased hotels 25  
Manachised and franchised hotels 607  
Total (4) 632  
(4) Including 19 hotels under brands of ibis, ibis Styles, Mercure and Novotel.  
   

Operating Metrics
  For the quarter ended
  March 31, December 31, March 31,
  2015 2015 2016
Occupancy rate (as a percentage)      
Leased and owned hotels   83 %   86 %   82 %
Manachised hotels   81 %   84 %   81 %
Franchised hotels   66 %   67 %   62 %
Blended   82 %   84 %   80 %
Average daily room rate (in RMB)      
Leased and owned hotels   182     201     193  
Manachised hotels   161     167     165  
Franchised hotels   174     172     169  
Blended   168     177     172  
RevPAR (in RMB)      
Leased and owned hotels   150     172     159  
Manachised hotels   131     141     133  
Franchised hotels   115     116     105  
Blended   137     149     139  
 

Like-for-like performance for hotels in operation for at least 18 months during the current quarter
 
  As of and for the quarter ended  
  March 31, yoy
  2015 2016 change
Total     1,783       1,783    
Leased hotels     584       584    
Manachised and franchised hotels     1,199       1,199    
Occupancy rate (as a percentage)   84 %   83 %   -0.9 %
Average daily room rate (in RMB)   169     171     0.8 %
RevPAR (in RMB)   142     142     -0.3 %
 

Business Update by Segment
Hotel breakdown by segment
 
  Number of hotels in operation
  Net added   As of  
  in Q1 2016 March 31, 2016
Economy hotels     195     2,648
HanTing Hotel     56   2,059
Leased hotels     (2 ) 493
Manachised hotels     58     1,566
Hi Inn     30     332
Leased hotels     -      38
Manachised hotels     13     264
Franchised hotels     17     30
Elan Hotel     21     169
Manachised hotels     14     142
Franchised hotels     7     27
ibis Hotel     82     82
Leased and owned hotels     12     12
Manachised hotels     9     9
Franchised hotels     61     61
ibis Styles Hotel     6     6
Manachised hotels     2     2
Franchised hotels     4     4
Midscale and upscale hotels     31     341
JI Hotel     16     202
Leased hotels     2     77
Manachised hotels     14     125
Starway Hotel     5     123
Leased hotels     (1 )   3
Manachised hotels     4     71
Franchised hotels     2     49
Joya Hotel     1     4
Leased hotels     -      2
Manachised hotels     1     2
Manxin Hotels & Resorts     -      2
Leased hotels     -      1
Manachised hotels     -      1
Mercure Hotel     7     8
Leased hotels     -      1
Manachised hotels     6     6
Franchised hotels     1     1
Novotel Hotel     1     1
Manachised hotels     1     1
Grand Mercure Hotel     1     1
Franchised hotels     1     1
Total     226     2,989
 

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  
  March 31, March 31, yoychange March 31, yoychange March 31, yoychange
  2015 2016 2015 2016 2015 2016   2015     2016  
Economy hotels   1,637   1,637 136 133   -1.9 % 160 160   -0.4 %   85 %   83 %   -1.3 %
Leased hotels   518   518 138 135   -2.1 % 165 165   0.0 %   84 %   82 %   -1.8 %
Manachised and franchised hotels   1,119   1,119 134 132   -1.8 % 158 157   -0.5 %   85 %   84 %   -1.1 %
Midscale and upscale hotels   146   146 203 221   8.8 % 256 269   5.0 %   79 %   82 %   2.8 %
Leased hotels   66   66 225 252   12.1 % 276 293   6.3 %   82 %   86 %   4.4 %
Manachised and franchised hotels   80   80 178 184   3.4 % 232 237   2.2 %   77 %   78 %   0.9 %
Total   1,783   1,783 142 142   -0.3 % 169 171   0.8 %   84 %   83 %   -0.9 %
 

About China Lodging Group, Limited

China Lodging Group, Limited is a leading hotel operator and franchisor in China under 12 brand names. As of December 31, 2015, the Company had 2,763 hotels or 278,843 rooms in operation in 352 cities. With a primary focus on economy and midscale hotel segments, China Lodging Group's brands include Hi Inn, HanTing Hotel, Elan Hotel, JI Hotel, Starway Hotel, Joya Hotel, and Manxin Hotels & Resorts. The Company also has the rights as master franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, in Pan-China region.

The Company's business includes leased, manachised and franchised models. Under the lease model, the Company directly operates hotels typically located on leased properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers it appoints and collects fees from franchisees. Under the franchise model, the Company provides training, reservation and support services to the franchised hotels and collects fees from franchisees but does not appoint on-site hotel managers. The Company applies a consistent standard and platform across all of its hotels. As of December 31, 2015, China Lodging Group operates 27 percent of its hotel rooms under lease model, 73 percent under manachise and franchise models.

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