Huazhu Discusses High-Quality Supply and Internationalization in the Hotel Industry

On October 15, 2026, Huazhu Group CFO Yu Junrui said at an accommodation industry summit that the chainization rate of China's hotel industry is still far below the level of about 70% in the United States, and that the industry does not lack supply—what it truly lacks is high-quality supply. He mentioned that Huazhu's membership scale exceeds 300 million, with more than 70% of traffic coming from members; JI Hotel has been iterated to version 5.0, Hanting to version 4.0, and the mid-to-high-end brand JI Grand View has been launched. Overseas, Huazhu acquired Deutsche Hospitality in 2020, which has already turned from loss to profit in 2025 and is expected to turn cash flow positive in 2026.