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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
		(Registrant)
Date: April 11, 2016		/s/ Min (Jenny) Zhang
		Min (Jenny) Zhang
		Chief Executive Officer

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EXHIBIT INDEX

 

Exhibit Number		Description
Exhibit 99.1		China Lodging Group, Limited Announces Its Preliminary Results for Hotel Operation in the First Quarter of 2016

 

 

EXHIBIT 99.1

China Lodging Group, Limited (HTHT) Announces Its Preliminary Results for Hotel Operation in the First Quarter of 2016

SHANGHAI, China, April 11, 2016 (GLOBE NEWSWIRE) -- China Lodging Group, Limited (NASDAQ:HTHT) (“China Lodging Group”, “Hua Zhu”or the “Company”), a leading and fast-growing multi-brand hotel group in China, today announced its preliminary results for the hotel operation in the first quarter ended March 31, 2016.

Hotel Development

	Number of hotels in operation							Number of rooms in operation
	Opened (1)	Closed (3)			Net added	As of		Net added	As of
	in Q1 2016	in Q1 2016			in Q1 2016	March 31, 2016		in Q1 2016	March 31, 2016
Leased and owned hotels (2)	13		(2	)	11	627		1,827	77,263
Manachised and franchised hotels	231		(16	)	215	2,362		23,758	227,165
Total	244		(18	)	226	2,989		25,585	304,428
(1) Including 96 hotels merged to Huazhu platform due to Accor-Huazhu strategic alliance in Q1 2016.
(2) Including 7 owned hotels under ibis brand.
(3) Reasons for closures include contract expiration, operating loss and others.

	Number of hotels in pipeline as of March 31, 2016
Leased hotels	25
Manachised and franchised hotels	607
Total (4)	632
(4) Including 19 hotels under brands of ibis, ibis Styles, Mercure and Novotel.

Operating Metrics

	For the quarter ended
	March 31,			December 31,			March 31,
	2015			2015			2016
Occupancy rate (as a percentage)
Leased and owned hotels		83	%		86	%		82	%
Manachised hotels		81	%		84	%		81	%
Franchised hotels		66	%		67	%		62	%
Blended		82	%		84	%		80	%
Average daily room rate (in RMB)
Leased and owned hotels		182			201			193
Manachised hotels		161			167			165
Franchised hotels		174			172			169
Blended		168			177			172
RevPAR (in RMB)
Leased and owned hotels		150			172			159
Manachised hotels		131			141			133
Franchised hotels		115			116			105
Blended		137			149			139

Like-for-like performance for hotels in operation for at least 18 months during the current quarter
	As of and for the quarter ended
	March 31,						yoy
	2015			2016			change
Total		1,783			1,783
Leased hotels		584			584
Manachised and franchised hotels		1,199			1,199
Occupancy rate (as a percentage)		84	%		83	%		-0.9	%
Average daily room rate (in RMB)		169			171			0.8	%
RevPAR (in RMB)		142			142			-0.3	%

Business Update by Segment

Hotel breakdown by segment
	Number of hotels in operation
	Net added			As of
	in Q1 2016			March 31, 2016
Economy hotels		195		2,648
HanTing Hotel		56		2,059
Leased hotels		(2	)	493
Manachised hotels		58		1,566
Hi Inn		30		332
Leased hotels		-		38
Manachised hotels		13		264
Franchised hotels		17		30
Elan Hotel		21		169
Manachised hotels		14		142
Franchised hotels		7		27
ibis Hotel		82		82
Leased and owned hotels		12		12
Manachised hotels		9		9
Franchised hotels		61		61
ibis Styles Hotel		6		6
Manachised hotels		2		2
Franchised hotels		4		4
Midscale and upscale hotels		31		341
JI Hotel		16		202
Leased hotels		2		77
Manachised hotels		14		125
Starway Hotel		5		123
Leased hotels		(1	)	3
Manachised hotels		4		71
Franchised hotels		2		49
Joya Hotel		1		4
Leased hotels		-		2
Manachised hotels		1		2
Manxin Hotels & Resorts		-		2
Leased hotels		-		1
Manachised hotels		-		1
Mercure Hotel		7		8
Leased hotels		-		1
Manachised hotels		6		6
Franchised hotels		1		1
Novotel Hotel		1		1
Manachised hotels		1		1
Grand Mercure Hotel		1		1
Franchised hotels		1		1
Total		226		2,989

Same-hotel operational data by segment
	Number of hotels in operation		Same-hotel RevPAR					Same-hotel ADR					Same-hotel Occupancy
	As of		For the quarter ended					For the quarter ended					For the quarter ended
	March 31,		March 31,		yoy change			March 31,		yoy change			March 31,						yoy change
	2015	2016	2015	2016				2015	2016					2015			2016
Economy hotels	1,637	1,637	136	133		-1.9	%	160	160		-0.4	%		85	%		83	%		-1.3	%
Leased hotels	518	518	138	135		-2.1	%	165	165		0.0	%		84	%		82	%		-1.8	%
Manachised and franchised hotels	1,119	1,119	134	132		-1.8	%	158	157		-0.5	%		85	%		84	%		-1.1	%
Midscale and upscale hotels	146	146	203	221		8.8	%	256	269		5.0	%		79	%		82	%		2.8	%
Leased hotels	66	66	225	252		12.1	%	276	293		6.3	%		82	%		86	%		4.4	%
Manachised and franchised hotels	80	80	178	184		3.4	%	232	237		2.2	%		77	%		78	%		0.9	%
Total	1,783	1,783	142	142		-0.3	%	169	171		0.8	%		84	%		83	%		-0.9	%

About China Lodging Group, Limited

China Lodging Group, Limited is a leading hotel operator and franchisor in China under 12 brand names. As of December 31, 2015, the Company had 2,763 hotels or 278,843 rooms in operation in 352 cities. With a primary focus on economy and midscale hotel segments, China Lodging Group’s brands include Hi Inn, HanTing Hotel, Elan Hotel, JI Hotel, Starway Hotel, Joya Hotel, and Manxin Hotels & Resorts. The Company also has the rights as master franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, in Pan-China region.

The Company’s business includes leased, manachised and franchised models. Under the lease model, the Company directly operates hotels typically located on leased properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers it 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 but does not appoint on-site hotel managers. The Company applies a consistent standard and platform across all of its hotels. As of December 31, 2015, China Lodging Group operates 27 percent of its hotel rooms under lease model, 73 percent under manachise and franchise models.

For more information, please visit the Company’s website: http://ir.huazhu.com.

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.

Contact Information
Ida Yu
Sr. Manager of Investor Relations
Tel: 86 (21) 6195 9561
Email: ir@huazhu.com
http://ir.huazhu.com