Huazhu Group, Ltd. is a leading, fast-growing multi-brand hotel group in China with international operations. As of June 30, 2020, it had 6,187 hotels in operation, including 758 leased and owned hotels and 5,429 manachised and franchised hotels, with an aggregate of 599,235 hotel rooms. Brands are the bedrock of Huazhu's success. In over a decade, Huazhu grew from an economy hotel chain to a multi-brand hotel group covering the full spectrum of market segments. Leveraging consumer insights and the capability to deliver innovative and trend-setting products, Huazhu now operates a portfolio of over 20 distinct hotel brands. In addition, Huazhu has developed a vast base of loyal and engaged customers under its H Rewards loyalty program which covers all of its brands and had approximately 153 million members as of December 31, 2019. Moreover, its industry-leading, proprietary technology infrastructure enable Huazhu to enhances customer experience, increases operational efficiency, and supports fast growth. Leveraging strong brand recognition, massive member traffic, and robust technology infrastructure, Huazhu has pioneered a business operating system designed to enhance hotel operations across all fronts.