HTHT: Expect Better 1Q19 Results Driven By ADRs And Growth of Hotel Volume In the Network; Maintain BUY
HTHT will report 1Q19 results on May 22nd after the markets close followed by a 9pm EST conference call. According to HTHT’s preliminary data and our model, total revenue is likely to be better than consensus at RMB 2,359.4M and toward the middle of the company’s guidance at RMB 2,363M – RMB 2,405M. Also, as the company added more franchised hotels, we believe it is positive for HTHT’s margins.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.