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Chinese Hotel Company's Recovery Shows How Fast Travel Demand Can Snap Back – Skift


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One of China’s biggest hotel operators recently began to consistently outperform pre-pandemic business levels across its entire portfolio. The rest of the world should take note.
Shanghai-based Huazhu which has nearly 7,000 hotels across brands like Joya and HanTing in China as well as Steigenberger Hotels in Germany moved from operating at just over half of pre-pandemic rooms revenue in February to 95 percent a month later, company leaders reported this week. Over the Labor Day holiday in China earlier this month, Huazhu’s hotels averaged a 25 percent increase in business from 2019. ....

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Huazhu Group Limited Announces Change of Chief Financial Officer


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Huazhu Group Limited Announces Change of Chief Financial Officer
Huazhu Group LimitedApril 28, 2021 GMT
SHANGHAI, China, April 28, 2021 (GLOBE NEWSWIRE) Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu” or the “Company”), a world-leading hotel group, today announced that Mr. Teo Nee Chuan will resign as chief financial officer of the Company for personal reasons, effective May 10, 2021.
Ms. Hui Chen, chief compliance officer of the Company since February 2020, has been appointed to serve as chief financial officer of the Company, effective May 10, 2021. Ms. Chen has deep financial management expertise in the travel and hotel industries in China. She was the chief financial officer of Cjia Group Limited, a Huazhu affiliate company providing apartment services, from March 2018 to February 2020. From 2014 to early 2016, Ms. Chen served as Huazhu’s exec ....

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