《大行》里昂料华住集团(HTHT.US)利润率仍有提升空间 目标价升至57美元

阿斯达克财经
Mar 19

里昂研究报告指出,华住集团(01179.HK) 去年第四季度的每间可出租客房收入(RevPAR)增长首次转正;其子公司德意志酒店集团的成本控制也助利润率提升,并带动调整后EBITDA按年增76%至22亿元人民币。报告指,华住管理层予2026年营收增长指引为2%至6%。假设营收增长达到6%的上限、净新增1,600家酒店,每间可出租客房收入增长1.9%,测算其2026年的收益率将更接近2024年的...

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