Huazhu Group Limited's (HTHT) CEO Jin Hui on Q1 2022 Results - Earnings Call Transcript

Huazhu Group Limited (NASDAQ:HTHT) Q1 2022 Earnings Conference Call May 31, 2022 7:00 AM ET

Company Participants

Jason Chen - Investor Relations Director

Ji Qi - Founder and Chairman

Jin Hui - Chief Executive Officer

Ye Fei - Deputy Chief Financial Officer

Conference Call Participants

Billy Ng - Bank of America

Sijie Lin - CICC

Simon Cheung - Goldman Sachs

Operator

Good day and thank you for standing by. Welcome to Huazhu Group Limited First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. [Operator Instructions]

And now, I’d like to hand the conference over to Mr. Jason Chen, IR Director of Huazhu Group Limited. Thank you, please go ahead sir.

Jason Chen

Thank you, Amber. Good morning and good evening everyone. Thanks for joining us today. Welcome to Huazhu Group's first quarter 2022 earnings conference call.

Joining us today is our Founder and Chairman, Mr. Ji Qi; our CEO, Mr. Jin Hui; our President, Ms. Liu Xinxin; our CFO, Ms. Chen Hui; our Deputy CFO, Ms. Ye Fei; and our CEO of International Business, Ms. He Jihong. Following their prepared remarks, management will be available to answer your questions.

Before we continue, please note that the discussion today will include forward-looking statements made under the Safe Harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our results may be materially different from the views expressed today. A number of potential risks and uncertainties are outlined in our public filings with the SEC. Huazhu Group does not undertake any obligations to update any forward-looking statements, except as required by the applicable laws.

On the call today we will also mention adjusted financial measures during the discussion of our performance. Reconciliation of those measures to comparable GAAP information can be found in our earnings release that was distributed yesterday.

As a reminder, this conference call is being recorded. The webcast of this conference call, as well as supplementary slide presentation is available on Huazhu Group's website at ir.huazhu.com.

With that, now I will turn the call over to Mr. Qi Ji. Mr. Ji, please. I’m sorry. I think Mr. Ji’s line is having some connection technical issues. Please give us a few minutes. Please wait, sorry.