Profile: China Lodging Group Ltd (HTHT.O)
27 Mar 2017
China Lodging Group, Limited, incorporated on January 4, 2007, is a holding company. The Company is a multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the onsite hotel managers the Company 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. The Company has approximately 620 leased hotels; over 2,070 manachised hotels and approximately 80 franchised hotels in operation and over 20 leased hotels and approximately 660 manachised and franchised hotels under development. The Company offers approximately seven hotel brands that focus on various segments of customers: Joya Hotel, Manxin Hotels & Resorts, JI Hotel, Starway Hotel, Elan Hotel, HanTing Hotel and Hi Inn.
The Company's Joya Hotel focuses on travelers and corporate events. The Joya Hotels offer various services, including complimentary breakfast, afternoon tea, snacks, mini bar free drinks, gym, automatic massage cabins and other services. The rooms are equipped with high-speed fiber access, wireless coverage and Bluetooth speakers. The Company has approximately three Joya Hotels in operation and over one Joya Hotel under development.
Manxin Hotels & Resorts
The Company's Manxin Hotels & Resorts focuses on leisure travelers, families and small-scale corporate events. Manxin Hotels & Resorts focuses on vacation destinations. Manxin Hotels & Resorts offer room, breakfast buffet, lunch, afternoon tea, dinner and Chinese style housekeeping services. The Company has approximately two Manxin Hotels & Resorts in operation and over four Manxin Hotels & Resorts under development.
The Company's JI Hotel focuses on travelers seeking an experience in hotel stays. JI Hotels offer rooms with three-star to four-star hotels. In addition, these hotels offer complimentary wireless Internet access throughout the premises, lobbies with laser printers, computers, free drinks, and a cafe serving breakfast and simple meals. The Company has approximately 190 JI Hotels in operation and an over 90 JI Hotels under development.
The Company's Starway Hotel focuses on middle class travelers. Starway Hotels offer rooms in three-star to four-star hotels. In addition, these hotels offer complimentary Internet access throughout the premises, lobbies and meeting areas with complimentary tea and coffee. The Company has approximately 120 Starway Hotels in operation and an over 70 Starway Hotels under development.
The Company's Elan Hotel is the economy hotel product, which focuses on business travelers, young customers and urban tourists. The Company has approximately 150 Elan Hotels in operation and over 70 Elan Hotels under development.
The Company's HanTing Hotel is the economy hotel product, which focuses on knowledge workers and value- and quality-conscious travelers, marketed under the name of HanTing Express Hotel. The HanTing Hotels have lobbies with complimentary wireless Internet access and laser printers, and a cafe serving breakfast and meals. Rooms are equipped with a mattress, plush buckwheat and cotton pillows, shower facilities, an outlet for free broadband Internet access, a working desk and chair, and universal and uninterruptable power sockets. The Company has approximately 2,000 HanTing Hotels in operation and over 290 HanTing Hotels under development.
The Company's Hi Inn hotel is the budget hotel product, which focuses rational and price-conscious travelers, marketed under the name of HanTing Hi Inn. Hi Inns offer compact rooms with beds and shower facilities and complimentary wireless Internet access throughout the premises. These hotels provide basic accommodations. The Company has approximately 300 Hi Inns in operation and over 140 Hi Inns under development.
The Company competes with Home Inns, Jinjiang Inn, 7 Days Inn, Super 8, Vienna Hotels, Holiday Inn Express, Pod Inns, 99 Inns, 100 Inns and GreenTree Inn.
China Lodging Group Ltd
Hongqiao Road, Changning Distric
SHANGHAI SHA -
Company Web Links
- BRIEF-China Lodging Group reports fourth quarter 2016 results
- BRIEF-China Lodging Group agrees to buy Crystal Orange Hotels
- BRIEF-China Lodging Group enters deal with majority shareholder
- BRIEF-OppenheimerFunds reports a 8.68 percent passive stake in China Lodging Group as of Dec 31, 2016
- BRIEF-China Lodging Group qtrly earnings per share $0.15