Huazhu Group Ltd

SHANGHAI 200336, F4 How do I update this listing?

Huazhu Group LTD is based out of Shanghai 200336. China Lodging Group, Limited operates an economy hotel chain in China. The company mainly utilizes a lease-and-operate model, under which it directly operates hotels that are located in prime locations of selected cities.Hotel NetworkAs of December 31, 2009, the company operated 236 hotels in 39 cities in China. With an additional 144 hotels under development, its hotel network covers 63 cities in 20 provinces and municipalities across China. As of December 31, 2009, the company had 173 leased-and-operated hotels and 63 franchised-and-managed hotels. In addition, the company had 21 leased-and-operated hotels and 123 franchised-and-managed hotels under development.ProductsThe company offers three hotel products that are designed to target distinct groups of customers. Its products include HanTing Express Hotel, HanTing Seasons Hotel, and HanTing Hi Inn.HanTing Express HotelThese hotels are located in areas close to major business and commercial districts. These hotels have lobbies with complimentary wireless Internet access and laser printers, and a cafe serving breakfast and meals. As of December 31, 2009, the company had 224 HanTing Express Hotels in operation and an additional 131 HanTing Express Hotels under development.HanTing Seasons HotelHanTing Seasons Hotels are located in city centers or central business districts. These hotels target mid-level corporate managers and owners of small and medium enterprises between the age of 30 and 40. As of December 31, 2009, the company had 10 HanTing Seasons Hotels in operation and an additional 6 HanTing Seasons Hotels under development.HanTing Hi InnHanTing Hi Inn hotels target budget-constrained travelers between the age of 20 and 30, such as new college graduates and backpackers. The firm has no submitted 13F filings and does not appear to be an investment advisor.

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Contact Info

huazhu group ltd
NO 2266, HONGQIAO ROAD
SHANGHAI 200336 F4    -

Business Phone: (86) 21 6195-2011
SEC SIC CODE:
7011-HOTELS & MOTELS

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