Huazhu Group Limited Provides Earnings Guidance for the Second Quarter of 2021
Huazhu Group Limited provided earnings guidance for the second quarter of 2021. For the period, the company expects net revenues growth to be in the range of 87%-89% compared to the second quarter of 2020, or 90%-92% if excluding DH. To provide a more meaningful guidance excluding the impact of COVID-19, the company expects net revenue growth to be in the range of 27%-29% compared to pre-COVID-19 results in the second quarter of 2019, or 20%-22% if excluding DH.