(首旅酒店)Catching up on hotel upgrade tailwind with m

2018年7月13日  11:31:05 来源:168炒股学习网  阅读:1806人次

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首旅酒店(600258)

研报日期:2018-07-12  首旅酒店(600258)  Speeding up on hotel upgrades – Buy  We reiterate Buy on BTG and raise our target price by 9% on a like-for-likebasis to RMB32. In our view, BTG’s HomeInns lagged behind China Lodging(HTHT) on 1) upgrading its economy hotels and 2) opening more mid-scalehotels in 2017, which will likely result to slower RevPAR growth in 2018. This isreflected in its valuation discount to HTHT, in our view. However, a few factorshave not been factored in: 1) HomeInns should speed up to upgrade 20-25% ofits LO hotels in 2018; 2) HomeInns has the highest percentage of LO hotels –thu

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股友aB19RO:

能翻译下吗

HAO3:

意思就是通过对比华住酒店,坚定看好首旅

qz600145:

外资加仓9%,是时候亮出技术了,以后此版变英文.....

世界经济裁判官:

爱情少尉:

说的什么鸟语

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