HTHT - Huazhu sees RevPAR recovery in Legacy-Huazhu business in prelim Q1

In its prelim Q1 hotel operations, Huazhu (NASDAQ:HTHT) indicates that in its Legacy-Huazhu business, RevPAR recovery in the first two months of 2022 was on track. Steigenberger Hotels AG and its subsidiaries  have been experiencing continuous RevPAR recovery since Germany unfolded its opening-up plan in mid-February 2022. RevPAR in March 2022 recovered to 65% of the 2019 level, as compared to only 47% of the 2019 level in January 2022. Quick look at operational hotels under requisition:

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Huazhu sees RevPAR recovery in Legacy-Huazhu business in prelim Q1