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华 住 HUAZHU Huazhu Group Limited Reports Third Quarter of 2021 Unaudited Financial Results 24/11/2021 ● A total of 7,466 hotels or 722,983 hotel rooms in operation as of September 30 , 2021 . • Hotel turnover¹ increased 15.4 % year - over - year to RMB12.2 billion for the third quarter of 2021. Excluding Steigenberger Hotels AG and its subsidiaries ( “ DH ” , or “ Legacy - DH ” ) , hotel turnover increased 14.0 % year - over - year for the third quarter of 2021 . • Revenue increased 11.6 % year - over - year to RMB3.5 billion ( US $ 547 million ) 2 for the third quarter of 2021 , in line with revenue guidance previously announced of 8 % to 12 % compared to the third quarter of 2020. Revenue from Legacy Huazhu³ for the third quarter of 2021 increased 7.4 % year - over - year , in line with revenue guidance previously announced of 4 % to 8 % . • Net loss attributable to Huazhu Group Limited was RMB137 million ( US $ 22 million ) for the third quarter of 2021 , compared with net loss attributable to Huazhu Group Limited of RMB212 million for the third quarter of 2020 and net income attributable to Huazhu Group Limited of RMB378 million in the previous quarter . Net income attributable to Huazhu Group Limited from Legacy - Huazhu was RMB27 million for the third quarter of 2021 . • Adjusted net loss attributable to Huazhu Group Limited ( non - GAAP ) , which excluded share - based compensation expenses and unrealized gains ( losses ) from fair value changes of equity securities , for the third quarter of 2021 was RMB46 million ( US $ 8 million ) , compared with RMB2 18 million for the third quarter of 2020. Adjusted net income attributable to Huazhu Group Limited from Legacy - Huazhu ( non - GAAP ) for the third quarter of 2021 was RMB117 million . ● EBITDA ( non - GAAP ) for the third quarter of 2021 was RMB294 million ( US $ 45 million ) , compared with RMB 190 million for the third quarter of 2020. EBITDA from Legacy - Huazhu ( non - GAAP ) was RMB410 million for the third quarter of 2021 . • Adjusted EBITDA ( non - GAAP ) , which excluded share - based compensation expenses and unrealized gains ( losses ) from fair value changes of equity securities , was RMB385 million ( US $ 59 million ) for the third quarter of 2021 , compared with RMB184 million for the third quarter of 2020. Adjusted EBITDA from Legacy - Huazhu ( non - GAAP ) was RMB500 million for the third quarter of 2021 . • In the fourth quarter of 2021 , Huazhu expects revenue growth to be in the range of 6 % -10 % compared to the fourth quarter of 2020 , or revenue reduction to be in the range of 4 % to 8 % if excluding DH . To provide more meaningful guidance excluding the impact of COVID - 19 , Huazhu expects revenue growth to be in the range of 12 % -16 % compared to pre - COVID - 19 results in the fourth quarter of 2019 , or revenue reduction to be in the range of 7 % to 11 % if excluding DH . • For the full year of 2021 , we expect revenue growth to range from 22 % to 26 % , or to range from 26 % to 30 % excluding DH . To provide more meaningful guidance excluding the impact of COVID - 19 , Huazhu expects revenue growth to be in the range of 11 % -15 % compared to pre - COVID - 19 results of 2019 , or revenue reduction to be in the range from 0 % to 4 % excluding DH . SHANGHAI , China , Nov. 24 , 2021 ( GLOBE NEWSWIRE ) -- Huazhu Group Limited ( NASDAQ : HTHT and HKEX : 1179 ) ( " Huazhu " , " the Company " , " we " or " our " ) , a world - leading hotel group , today announced its unaudited financial results for the third quarter ended September 30 , 2021 . As of September 30 , 2021 , Huazhu's worldwide hotel network in operation totaled 7,466 hotels and 722,983 rooms , including 121 hotels from DH . During the third quarter of 2021 , our Legacy - Huazhu business opened 481 hotels , including 2 leased ( or leased - and - operated ) hotels and 479 manachised ( or franchised - and - managed ) hotels and franchised hotels , and closed a total of 140 hotels , including 14 leased hotels and 126 manachised and franchised hotels . During the third quarter of 2021 , the Legacy - DH business opened 1 leased hotel , and closed 2 manachised and franchised hotels . As of September 30 , 2021 , Huazhu had a total of 2,827 unopened hotels in our pipeline , including 2,788 hotels from the Legacy Huazhu business and 39 hotels from the Legacy - DH business . Legacy - Huazhu Only - Third Quarter of 2021 Operational Highlights As of September 30 , 2021 , Legacy - Huazhu had 7,345 hotels in operation , including 663 leased and owned hotels , and 6,682 manachised hotels and franchised hotels . In addition , as of the same date , Legacy - Huazhu had 698,668 hotel rooms in operation , including 91,609 rooms under the lease and ownership model , and 607,059 rooms under the manachise and franchise models . Legacy - Huazhu also had 2,788 unopened hotels in our pipeline , including 17 leased and owned hotels and 2,771 manachised and franchised hotels . The following discusses Legacy - Huazhu's RevPAR , average daily room rate ( " ADR " ) and occupancy rate for its leased and owned hotels , as well as manachised and franchised hotels ( excluding hotels under governmental requisition ) for the periods indicated . • The ADR was RMB246 in the third quarter of 2021 , compared with RMB218 in the third quarter of 2020 , RMB255 in the previous quarter , and RMB245 in the third quarter of 2019 . • The occupancy rate for all Legacy - Huazhu hotels in operation was 71.9 % in the third quarter of 2021 , compared with