Huazhu Group Limited traded at $53.72 this Wednesday April 15th, increasing $1.29 or 2.46 percent since the previous trading session. Looking back, over the last four weeks, Huazhu Limited gained 4.74 percent. Over the last 12 months, its price rose by 53.49 percent. Looking ahead, we forecast Huazhu Group Limited to be priced at 51.44 by the end of this quarter and at 48.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Huazhu Group Limited is a China-based holding company. The Company is mainly engaged in the operation of develop leased and owned, manachised and franchised hotels. Under the lease and ownership model, the Company directly operates hotels located primarily on leased properties, as well as on owned properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers the Company appoints and collects fees from franchisees. Under the franchise model, the Company collects fees from franchisees but do not appoint on-site hotel managers. The Company engages in the hotel operation business under many brands, including HanTing Hotel, Ni Hao Hotel, JI Hotel, Crystal Orange Hotel, Joya Hotel and others.