7月7日，华住(HTHT)盘中上涨2.23%，截至22:05，报33.97美元/股，成交560.59万美元，总市值104.27 亿美元。 财务数据显示，截至2025年03月31日，华住收入总额53.95亿人民币，同比增长2.22%；归母净利润8.94 亿人民币，同比增长35.66%。 本文源自：金融界 作者：行情君 资料显示，华住集团有限公司源于中国,是一家世界知名的酒店集团。截至2022年6月30 日,华住在17个 国家经营8,176家酒店,拥有773,898间在营客房。华住的品牌包 括海友酒店、怡莱酒店、汉庭酒店、全季 酒店、星程酒店、桔子酒店、桔子水晶 酒店、漫心酒店、美仑酒店、禧玥酒店、花间堂、你好酒店、 CitiGO Hotel、施柏 阁、美轮美奂酒店、Jaz in the City、城际酒店、Zleep Hotels、施柏阁大观及宋品 酒 店。此外,华住还拥有在大中华地区作为美居、宜必思及宜必思尚品主要加盟 商的权利,以及美爵酒店与 诺富特酒店的合作开发权。 华住的业务包括租赁及自有,管理加盟以及特许经营模型。在租赁及所有权 模式 下,华住直接经营通常位于租赁或自有物业的酒店。在管理加盟模式下,华 ...

Group 1 - The core viewpoint of the article highlights Huazhu's financial performance, showing a revenue increase and significant growth in net profit [1][3] - As of March 31, 2025, Huazhu's total revenue is projected to be 5.395 billion RMB, representing a year-on-year growth of 2.22% [1] - The company's net profit attributable to shareholders is expected to reach 894 million RMB, reflecting a year-on-year increase of 35.66% [1] Group 2 - Huazhu Group Limited is a globally recognized hotel group originating from China, operating 8,176 hotels across 17 countries as of June 30, 2022 [2] - The company manages a total of 773,898 guest rooms, with a diverse brand portfolio including Hi Inn, Elan Hotel, HanTing Hotel, and others [2] - Huazhu employs various business models, including leasing and ownership, management franchising, and licensing, with 14% of its hotel rooms operated under leasing and ownership, and 86% under management franchising and licensing [2]

本文源自：金融界 财务数据显示，截至2025年03月31日，华住收入总额53.95亿人民币，同比增长2.22%；归母净利润8.94 亿人民币，同比增长35.66%。 6月5日，华住(HTHT)盘中上涨2.03%，截至23:03，报36.11美元/股，成交656.38万美元，总市值110.84 亿美元。 资料显示，华住集团有限公司源于中国,是一家世界知名的酒店集团。截至2022年6月30 日,华住在17个 国家经营8,176家酒店,拥有773,898间在营客房。华住的品牌包 括海友酒店、怡莱酒店、汉庭酒店、全季 酒店、星程酒店、桔子酒店、桔子水晶 酒店、漫心酒店、美仑酒店、禧玥酒店、花间堂、你好酒店、 CitiGO Hotel、施柏 阁、美轮美奂酒店、Jaz in the City、城际酒店、Zleep Hotels、施柏阁大观及宋品 酒 店。此外,华住还拥有在大中华地区作为美居、宜必思及宜必思尚品主要加盟 商的权利,以及美爵酒店与 诺富特酒店的合作开发权。 华住的业务包括租赁及自有,管理加盟以及特许经营模型。在租赁及所有权 模式 下,华住直接经营通常位于租赁或自有物业的酒店。在管理加盟模式下,华住通 过华住派 ...

Core Viewpoints - In Q1 2025, the company's revenue reached 5.395 billion yuan, a year-on-year increase of 2.2%, with Legacy-Huazhu contributing 4.481 billion yuan, up 5.5% [1] - Adjusted EBITDA for the company was 1.496 billion yuan, a 5.3% increase year-on-year, with Legacy-Huazhu at 1.573 billion yuan, up 5.8% [1] - The company opened 704 new hotels and closed 166, resulting in a net increase of 538 hotels, with a focus on mid-to-high-end segments [1][3] Financial Performance - The adjusted net profit for Q1 2025 was 775 million yuan, reflecting a 0.5% increase year-on-year [1] - The overall revenue growth rate fell within the previously guided range of 0-4%, with management franchise revenue at 2.499 billion yuan, up 21.1% [2] - SG&A expenses for Q1 were 755 million yuan, a decrease of 1.8% year-on-year, with a significant reduction of 11.1% in DH's SG&A expenses [2] Market Trends - The overall occupancy rate, ADR, and RevPAR for Q1 were 76.2%, 272 yuan, and 208 yuan, respectively, showing declines of 1.0 percentage points, 2.6%, and 3.9% year-on-year [2] - The company expects RevPAR to decline in Q2 2025 but anticipates a narrowing of the decline compared to Q1 [2] - The company has 277 million members, with CRS booking proportion increasing by 5.44 percentage points to 65.1% [3] Expansion Strategy - The company accelerated its opening of hotels, with a net increase of 539 hotels in Q1, including 59 mid-to-high-end hotels [3] - The company has completed its "Thousand Cities, Ten Thousand Stores 1.0" plan and is now advancing the 2.0 plan [3] - The current pipeline consists of 2,888 hotels, slightly down from the previous quarter, indicating a higher requirement for brand and product profitability from potential franchisees [3]

Financial Performance - As of December 31, 2024, the total revenue of Huazhu is expected to be 23.891 billion RMB, representing a year-on-year growth of 9.18% [1] - The net profit attributable to the parent company is projected to be 3.048 billion RMB, showing a year-on-year decrease of 25.39% [1] Stock Performance - On May 23, Huazhu's stock price increased by 2.65%, reaching $36.39 per share, with a trading volume of $17.3527 million and a total market capitalization of $11.17 billion [1] Company Overview - Huazhu Group Limited is a globally recognized hotel group originating from China, operating 8,176 hotels across 17 countries as of June 30, 2022, with a total of 773,898 rooms [3] - The company operates under various brands, including Hanting, Hi Inn, and others, and employs multiple business models such as leasing, management franchising, and licensing [3] - As of June 30, 2022, 14% of Huazhu's hotel rooms were operated under leasing and ownership models, while 86% were managed through franchising and licensing [3] Upcoming Events - Huazhu is scheduled to disclose its Q1 2025 financial report on May 16, with the actual release date subject to company announcements [2]

5月21日，港股的酒店龙头华住集团（01179.HK）一度大跌逾7%，截至收盘，公司下跌4.7%，报27.35 港元/股，市值839.5亿港元。 华住集团是国内连锁酒店业领军企业，旗下品牌包括汉庭酒店、全季酒店、桔子酒店、桔子水晶酒店等 等，属于涵盖经济型、中高档酒店的大型集团。消息面，昨日公司发布2025年Q1未经审核财务业绩报 告。 数据显示，第一季度，华住集团酒店营业额为225亿元（人民币），同比增加14.3%。一季度华住集团 实现收入53.95亿元，同比增加2.2%。收入的同比增长，和华住集团轻资产模式下管理加盟及特许经营 收入的大幅提升有关。不过，华住集团一季度收入环比下降10.4%。 截至今年第一季度末，华住集团在营酒店数量为11685家，其中，华住中国有11564家在营酒店，包括 552家租赁及自有酒店以及11012家管理加盟及特许经营酒店。 从经营指标来看，第一季度，华住中国的日均房价为272元，而去年同期日均房价为280元，上一季度日 均房价为277元。 同时，一季度，华住中国入住率保持在76.2%，仍显著高于行业均值，体现出其品牌粘性与会员体系的 支撑作用。不过其去年同期入住率为77.2% ...

Group 1 - The core viewpoint of the article highlights Huazhu's financial performance, showing a revenue increase but a decline in net profit [1][2] - As of April 30, Huazhu's stock opened at $35.14, with a market capitalization of $10.786 billion [1] - For the fiscal year ending December 31, 2024, Huazhu's total revenue is projected to be 23.891 billion RMB, reflecting a year-on-year growth of 9.18%, while the net profit attributable to shareholders is expected to be 3.048 billion RMB, a decrease of 25.39% year-on-year [1] Group 2 - Huazhu Group is a globally recognized hotel group originating from China, operating 8,176 hotels across 17 countries as of June 30, 2022, with a total of 773,898 rooms [3] - The company operates under various brands, including Hanting, Hi Inn, and others, and utilizes multiple business models such as leasing, management franchising, and licensing [3] - As of June 30, 2022, 14% of Huazhu's hotel rooms were operated under leasing and ownership models, while 86% were managed through franchising and licensing [3]

资料显示，华住集团有限公司源于中国,是一家世界知名的酒店集团。截至2022年6月30 日,华住在17个 国家经营8,176家酒店,拥有773,898间在营客房。华住的品牌包 括海友酒店、怡莱酒店、汉庭酒店、全季 酒店、星程酒店、桔子酒店、桔子水晶 酒店、漫心酒店、美仑酒店、禧玥酒店、花间堂、你好酒店、 CitiGO Hotel、施柏 阁、美轮美奂酒店、Jaz in the City、城际酒店、Zleep Hotels、施柏阁大观及宋品 酒 店。此外,华住还拥有在大中华地区作为美居、宜必思及宜必思尚品主要加盟 商的权利,以及美爵酒店与 诺富特酒店的合作开发权。 华住的业务包括租赁及自有,管理加盟以及特许经营模型。在租赁及所有权 模式 下,华住直接经营通常位于租赁或自有物业的酒店。在管理加盟模式下,华住通 过华住派驻现场的酒 店经理来管理管理加盟酒店,并向加盟商收费。在特许经营 模式下,华住为特许经营酒店提供培训,预订及 支援服务并向加盟商收费,但不 会派驻现场酒店经理。华住在其所有酒店均采用统一标准及平台。截至 2022年6 月30日,华住以租赁及自有模式经营其14%酒店客房,以管理加盟及特许经营模 式经营其8 ...