UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of: October 2012
Commission File Number: 001-34656
China Lodging Group, Limited
(Exact name of registrant as specified in its charter)
No. 2266 Hongqiao Road
Changning District
Shanghai 200336
People’s Republic of China
(86) 21 6195-2011
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| China Lodging Group, Limited | ||||
| By: | /s/ Qi Ji | |||
| Name: | Qi Ji | |||
| Title: | Chief Executive Officer | |||
Date: October 12, 2012
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EXHIBIT INDEX
| Exhibit |
Description | |
| Exhibit 99.1 | China Lodging Group, Limited Announces Preliminary Hotel Operating Results for Third Quarter of 2012 | |
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Exhibit 99.1
Contact Information
Ida Yu
Investor Relations Manager
Tel: 86 (21) 6195 9561
Email: ir@htinns.com
http://ir.htinns.com
China Lodging Group, Limited Announces Preliminary Hotel Operating Results for Third Quarter of 2012
Shanghai, China, October 11, 2012 – China Lodging Group, Limited (NASDAQ: HTHT) (“China Lodging Group” or the “Company”), a leading and fast-growing limited service hotel chain operator in China, today announced preliminary hotel operating results for the third quarter of 2012.
In the third quarter of 2012, the Company added 27 leased (“leased-and-operated”) hotels and 81 manachised (“franchised-and-managed”) hotels. As of September 30, 2012, the Company had 415 leased hotels, 446 manachised hotels, and 77 franchised Starway hotels in operation. In the third quarter of 2012, excluding franchised Starway hotels, the blended RevPAR came in at RMB178, representing a year-over-year increase of 1%. For the hotels in operation for at least 18 months, excluding franchised Starway hotels, the RevPAR was RMB195, representing a 5% same-hotel RevPAR increase year-over-year, with a 3% increase in ADR and a 2% increase in occupancy.
Mr Qi Ji, founder, executive Chairman and Chief Executive Officer of the Company, commented, “we are glad to have delivered another solid quarter, with strong same-hotel RevPAR increase and hotel network expansion well on track. We will continue to expand our network and brand portfolio to meet the fast-growing and diversified travel demand in China.”
About China Lodging Group, Limited
China Lodging Group, Limited is a leading and fast-growing limited service hotel chain operator in China. The Company provides business and leisure travelers with high-quality, and conveniently-located hotel products under four brands, namely, Seasons Hotel, Starway Hotel, HanTing Express Hotel, and Hi Inn. For more information, please visit the Company’s website: http://ir.htinns.com.
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Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The information in this release contains forward-looking statements which involve risks and uncertainties. Such factors and risks include our anticipated growth strategies; our future results of operations and financial condition; the economic conditions of China; the regulatory environment in China; our ability to attract customers and leverage our brand; trends and competition in the lodging industry; the expected growth of the lodging market in China; and other factors and risks detailed in our filings with the Securities and Exchange Commission. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as “may,” “should,” “will,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “forecast,” “project,” or “continue,” the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
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China Lodging Group, Limited
Operating Data
| As of | ||||||||||||
| September 30, | June 30, | September 30, | ||||||||||
| 2011 | 2012 | 2012 | ||||||||||
| Total hotels in operation: |
580 | 863 | 938 | |||||||||
| Leased hotels |
314 | 388 | 415 | |||||||||
| Manachised hotels |
266 | 365 | 446 | |||||||||
| Franchised hotels* |
— | 110 | 77 | |||||||||
| Total hotel rooms in operation |
65,524 | 95,573 | 103,322 | |||||||||
| Leased hotels |
37,229 | 46,083 | 48,857 | |||||||||
| Manachised hotels |
28,295 | 38,045 | 46,296 | |||||||||
| Franchised hotels* |
— | 11,445 | 8,169 | |||||||||
| Number of cities |
92 | 131 | 149 | |||||||||
| * | refers to franchised Starway hotels |
| For the quarter ended | ||||||||||||
| September 30, | June 30, | September 30, | ||||||||||
| 2011 | 2012 | 2012 | ||||||||||
| Occupancy rate (as a percentage) |
||||||||||||
| Leased hotels |
95 | % | 97 | % | 97 | % | ||||||
| Manachised hotels |
99 | % | 98 | % | 98 | % | ||||||
| Blended |
97 | % | 97 | % | 97 | % | ||||||
| Average daily room rate (in RMB) |
||||||||||||
| Leased hotels |
187 | 187 | 188 | |||||||||
| Manachised hotels |
178 | 175 | 177 | |||||||||
| Blended |
183 | 181 | 183 | |||||||||
| RevPAR (in RMB) |
||||||||||||
| Leased hotels |
178 | 181 | 183 | |||||||||
| Manachised hotels |
175 | 171 | 173 | |||||||||
| Blended |
177 | 176 | 178 | |||||||||
Like-for-like performance for leased and manachised hotels opened for at least 18 months during the current quarter
| As of and for the quarter ended | ||||||||
| September 30, | ||||||||
| 2011 | 2012 | |||||||
| Total |
464 | 464 | ||||||
| Leased hotels |
257 | 257 | ||||||
| Manachised hotels |
207 | 207 | ||||||
| Total |
54,175 | 54,175 | ||||||
| Leased hotels |
32,056 | 32,056 | ||||||
| Manachised hotels |
22,119 | 22,119 | ||||||
| Occupancy rate (as a percentage) |
100 | % | 102 | % | ||||
| Average daily rate (in RMB) |
186 | 192 | ||||||
| RevPAR (in RMB) |
186 | 195 | ||||||
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