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: January 2013
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: January 11, 2013
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EXHIBIT INDEX
| Exhibit |
Description | |
| Exhibit 99.1 | China Lodging Group, Limited Announces Preliminary Hotel Operating Results for Fourth 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 Fourth Quarter of 2012
Shanghai, China, January 11, 2013 – China Lodging Group, Limited (NASDAQ: HTHT) (“China Lodging Group” or the “Company”), a leading and fast-growing multi-brand hotel group in China, today announced preliminary hotel operating results for the fourth quarter of 2012.
In the fourth quarter of 2012, the Company added 51 leased (“leased-and-operated”) hotels and 69 net manachised (“franchised-and-managed”) hotels. As of December 31, 2012, the Company had 466 leased hotels, 515 manachised hotels, and 54 franchised Starway hotels in operation. In the fourth quarter of 2012, excluding franchised Starway hotels, the blended RevPAR came in at RMB162, compared with RMB167 in the same quarter of 2011. For the hotels in operation for at least 18 months, excluding franchised Starway hotels, the RevPAR was RMB179, representing a 2% same-hotel RevPAR increase year-over-year, with a 1% increase in ADR and a 1% increase in occupancy.
Branding Update
In the fourth quarter of 2012, the Company changed its Chinese name from HanTing to Hua Zhu, demonstrating the Company’s ambition to grow from an economy hotel chain to a multi-brand hotel group. China Lodging Group now has five hotel brands, namely, Joya Hotel, Ji Hotel (previously Seasons Hotel), Starway Hotel, HanTing Hotel, and Hi Hotel (Previously Hi Inn).
Mr Qi Ji, founder, executive Chairman and Chief Executive Officer of the Company, commented, “we added 120 net new hotels in the fourth quarter and 396 net new hotels in 2012, exceeding our full year expansion plan. In addition to our strong operating results, we continued to enrich our brand portfolio to target a wider spectrum of customers with fast-growing and diversified travel demand.”
About China Lodging Group, Limited
China Lodging Group, Limited is a leading and fast-growing multi-brand hotel group in China. The Company provides business and leisure travelers with high-quality, and conveniently-located hotel products under five brands, namely, Joya Hotel, Ji Hotel, Starway Hotel, HanTing Hotel, and Hi Hotel. 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 | ||||||||||||
| December 31, | September 30, | December 31, | ||||||||||
| 2011 | 2012 | 2012 | ||||||||||
| Total hotels in operation: |
639 | 938 | 1,035 | |||||||||
| Leased hotels |
344 | 415 | 466 | |||||||||
| Manachised hotels |
295 | 446 | 515 | |||||||||
| Franchised hotels* |
— | 77 | 54 | |||||||||
| Total hotel rooms in operation |
71,621 | 103,322 | 113,650 | |||||||||
| Leased hotels |
40,514 | 48,857 | 54,814 | |||||||||
| Manachised hotels |
31,107 | 46,296 | 53,261 | |||||||||
| Franchised hotels* |
— | 8,169 | 5,575 | |||||||||
| Number of cities |
100 | 149 | 171 | |||||||||
| * refers to franchised Starway hotels |
| |||||||||||
| For the quarter ended | ||||||||||||
| December 31, | September 30, | December 31, | ||||||||||
| 2011 | 2012 | 2012 | ||||||||||
| Occupancy rate (as a percentage) |
||||||||||||
| Leased hotels |
92 | % | 97 | % | 92 | % | ||||||
| Manachised hotels |
95 | % | 98 | % | 92 | % | ||||||
| Blended |
93 | % | 97 | % | 92 | % | ||||||
| Average daily room rate (in RMB) |
||||||||||||
| Leased hotels |
184 | 188 | 182 | |||||||||
| Manachised hotels |
173 | 177 | 170 | |||||||||
| Blended |
179 | 183 | 176 | |||||||||
| RevPAR (in RMB) |
||||||||||||
| Leased hotels |
170 | 183 | 167 | |||||||||
| Manachised hotels |
164 | 173 | 157 | |||||||||
| Blended |
167 | 178 | 162 | |||||||||
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 | ||||||||
| December 31, | ||||||||
| 2011 | 2012 | |||||||
| Total |
508 | 508 | ||||||
| Leased hotels |
278 | 278 | ||||||
| Manachised hotels |
230 | 230 | ||||||
| Total |
59,313 | 59,313 | ||||||
| Leased hotels |
34,431 | 34,431 | ||||||
| Manachised hotels |
24,882 | 24,882 | ||||||
| Occupancy rate (as a percentage) |
96 | % | 97 | % | ||||
| Average daily rate (in RMB) |
182 | 185 | ||||||
| RevPAR (in RMB) |
175 | 179 | ||||||
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