Exhibit 99.1

Huazhu Group Limited

Reports Third Quarter of 2021 Unaudited Financial Results

Shanghai, China, November 24, 2021 – Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu”, “the Company”, “we” or “our”), a world-leading hotel group, today announced its unaudited financial results for the third quarter ended September 30, 2021.

As of September 30, 2021, Huazhu’s worldwide hotel network in operation totaled 7,466 hotels and 722,983 rooms, including 121 hotels from DH. During the third quarter of 2021, our Legacy-Huazhu business opened 481 hotels, including 2 leased (or leased-and-operated) hotels and 479 manachised (or franchised-and-managed) hotels and franchised hotels, and closed a total of 140 hotels, including 14 leased hotels and 126 manachised and franchised hotels. During the third quarter of 2021, the Legacy-DH business opened 1 leased hotel, and closed 2 manachised and franchised hotels. As of September 30, 2021, Huazhu had a total of 2,827 unopened hotels in our pipeline, including 2,788 hotels from the Legacy-Huazhu business and 39 hotels from the Legacy-DH business.

Legacy-Huazhu Only – Third Quarter of 2021 Operational Highlights

As of September 30, 2021, Legacy-Huazhu had 7,345 hotels in operation, including 663 leased and owned hotels, and 6,682 manachised hotels and franchised hotels. In addition, as of the same date, Legacy-Huazhu had 698,668 hotel rooms in operation, including 91,609 rooms under the lease and ownership model, and 607,059 rooms under the manachise and franchise models. Legacy-Huazhu also had 2,788 unopened hotels in our pipeline, including 17 leased and owned hotels and 2,771 manachised and franchised hotels. The following discusses Legacy-Huazhu’s RevPAR, average daily room rate (“ADR”) and occupancy rate for its leased and owned hotels, as well as manachised and franchised hotels (excluding hotels under governmental requisition) for the periods indicated.

Legacy-DH Only – Third Quarter of 2021 Operational Highlights

As of September 30, 2021, Legacy-DH had 121 hotels in operation, including 75 leased and owned hotels and 46 manachised hotels and franchised hotels. In addition, as of the same date, Legacy-DH had 24,315 hotel rooms in operation, including 14,002 rooms under the lease and ownership model, and 10,313 rooms under the manachise and franchise models. Legacy-DH also had 39 hotels in our pipeline, including 28 leased and owned hotels and 11 manachised and franchised hotels. The following discusses Legacy-DH’s RevPAR, ADR and occupancy rate for its leased as well as manachised and franchised hotels (excluding hotels temporarily closed) for the periods indicated.

Jin Hui, CEO of Huazhu commented: “Our China business RevPAR recovered in the third quarter to 83% of the same period of 2019, mainly impacted by the Delta variant of COVID-19 surging in Nanjing since late July, with further spreading into many other Chinese provinces and cities. Since early September, we saw our RevPAR recovery gradually resumed until late October, where another upsurge of COVID-19 occurred again. The recent worsening also significantly impacted our performance in November with month-to-date RevPAR recovered to only 68% of the 2019 level. For our European business, thanks to continued progress of vaccinations and easing restrictions, the RevPAR recovering to 65% of the 2019 level in the third quarter from 28% in the second quarter.”

“We had witnessed several COVID-19 recurrences over the last year and a half,” Mr. Jin continued. “COVID-19 not only negatively impacted our performance, but also weakened the confidence and willingness of our franchisees and business partners. In fact, the global macroeconomic conditions as well as the business environment also changed dramatically due to the pandemic. Under such circumstances, we adjusted our strategy to focus more on ‘Lean’ growth rather than ‘Mega Scale’ growth going forward. With this adjustment, in addition to the overall number of our hotels, we are now putting greater emphasis on our customers’ satisfaction and our franchisees’ profitability.”

Revenue for the third quarter of 2021 was RMB3.5 billion (US$547 million), representing an 11.6% year-over-year increase and a 1.8% sequential decrease. Revenue from Legacy-Huazhu for the third quarter of 2021 was RMB2.9 billion, representing a 7.4% year-over-year increase and a 12.8% sequential decrease. The sequential decrease was mainly due to COVID-19 resurgence in Nanjing since late July. Our European business achieved strong recovery in the third quarter of 2021 with revenue from Legacy-DH achieved RMB590 million, representing a 38.6% year-over-year and 163.5% sequential increase.

Revenue from leased and owned hotels for the third quarter of 2021 was RMB2.3 billion (US$364 million), representing a 10.0% year-over-year increase and a 2.8% sequential increase. Revenue from Legacy-Huazhu from leased and owned hotels for the third quarter of 2021 was RMB1.8 billion, representing a 3.9% year-over-year increase.

Revenue from manachised and franchised hotels for the third quarter of 2021 was RMB1.1 billion (US$175 million), representing a 13.4% year-over-year increase and an 11.5% sequential decrease. Revenue from Legacy-Huazhu from manachised and franchised hotels for the third quarter of 2021 was RMB1.1 billion, representing a 13.7% year-over-year increase.

Other revenue represents revenue generated from businesses other than our hotel operations, which mainly includes revenue from the provision of IT products and services to hotels, and revenue from Huazhu Mall™ and other revenue from the Legacy-DH business, totaling RMB50 million (US$8 million) in the third quarter of 2021, compared to RMB32 million in the third quarter of 2020 and RMB30 million in the previous quarter.

Hotel operating costs for the third quarter of 2021 were RMB2.9 billion (US$448 million), compared to RMB2.5 billion in the third quarter of 2020 and RMB2.7 billion in the previous quarter. The increase was mainly due to higher rental costs for our leased and owned upscale hotels and acquisition of CitiGO hotels, and higher personnel costs from continuous hotel network expansion. Hotel operating costs from Legacy-Huazhu for the third quarter of 2021 were RMB2.3 billion, which represented 76.9% of the quarter’s revenues, compared to 70.4% for the third quarter in 2020 and 65.5% for the previous quarter.

Selling and marketing expenses for the third quarter of 2021 were RMB189 million (US$29 million), compared to RMB162 million in the third quarter of 2020 and RMB161 million in the previous quarter. Selling and marketing expenses from Legacy-Huazhu for the third quarter of 2021 were RMB129 million, which represented 4.4% of the quarter’s revenue, compared to RMB102 million or 3.7% of revenue for the third quarter in 2020, and RMB129 million or 3.8% of revenue for the previous quarter. The increase was mainly due to headcount increase for our sales team.

General and administrative expenses for the third quarter of 2021 were RMB388 million (US$62 million), compared to RMB343 million in the third quarter of 2020 and RMB392 million in the previous quarter. General and administrative expenses from Legacy-Huazhu for the third quarter of 2021 were RMB306 million, which represented 10.4% of the quarter’s revenue, compared to RMB235 million or 8.6% for the third quarter in 2020 and RMB294 million or 8.7% for the previous quarter. The increase was mainly due to our investments in business development team, information technology, as well as upscale hotel division.

Pre-opening expenses for the third quarter of 2021 were mostly related to Legacy-Huazhu and totaling RMB15 million (US$2 million), compared to RMB42 million in the third quarter of 2020 and RMB16 million in the previous quarter.

Other operating income, net for the third quarter of 2021 was RMB40 million (US$6 million), compared to RMB110 million in the third quarter of 2020 and RMB362 million in the previous quarter.

Income from operations for the third quarter of 2021 was RMB72 million (US$10 million), compared to loss from operations of RMB201 million in the third quarter of 2020 and income from operations of RMB629 million in the previous quarter. Adjusted income from operations (non-GAAP) which excluded share-based compensation expenses, for the third quarter of 2021 was RMB103 million (US$15 million), compared to loss from operations of RMB168 million in the third quarter of 2020 and income from operations of RMB657 million in the previous quarter. Income from operations from Legacy-Huazhu for the third quarter of 2021 was RMB239 million, compared to RMB523 million in the third quarter of 2020 and RMB763 million in the previous quarter.

Operating margin, defined as income from operations as a percentage of revenues, for the third quarter of 2021, was 2.0%. Operating margin from Legacy-Huazhu for the third quarter of 2021 was 8.2%, compared with 19.1% in the third quarter of 2020 and 22.7% in the previous quarter.

Other income, net for the third quarter of 2021 was RMB4 million (US$1 million), compared to other expense, net RMB1 million for the third quarter of 2020 and other expense, net RMB61 million for the previous quarter.

Unrealized losses from fair value changes of equity securities for the third quarter of 2021 were RMB60 million (US$9 million), compared to unrealized gains from fair value changes of equity securities RMB39 million in the third quarter of 2020, and unrealized losses from fair value changes of RMB58 million in the previous quarter. Unrealized gains (losses) from fair value changes of equity securities mainly represents the unrealized gains (losses) from our investment in equity securities with readily determinable fair values, such as AccorHotels.

Income tax benefit for the third quarter of 2021 was RMB13 million (US$2 million), compared to income tax benefit of RMB50 million in the same period of 2020 and income tax expense of RMB132 million in the previous quarter.

Net loss attributable to Huazhu Group Limited for the third quarter of 2021 was RMB137 million (US$22 million), compared to a net loss of RMB212 million in the third quarter of 2020 and a net income of RMB378 million in the previous quarter. Adjusted net loss attributable to Huazhu Group Limited (non-GAAP), which excluded share-based compensation expenses and the unrealized gains (losses) from fair value changes of equity securities, for the third quarter of 2021 was RMB46 million (US$8 million), compared to a net loss of RMB218 million in the third quarter of 2020 and a net income of RMB464 million in the previous quarter. Net income attributable to Huazhu Group Limited from Legacy-Huazhu for the third quarter of 2021 was RMB27 million, compared to RMB482 million in the third quarter of 2020 and RMB492 million in the previous quarter. The adjusted net income attributable to Huazhu Group Limited from Legacy-Huazhu (non-GAAP) for the third quarter of 2021 was RMB117 million, compared with RMB476 million in the third quarter of 2020 and RMB579 million in the previous quarter.

Basic and diluted losses per share/American depositary share (ADS). For the third quarter of 2021, basic and diluted losses per share were RMB0.04 (US$0.01). Adjusted basic and diluted losses per share (non-GAAP), which excluded share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities, were RMB0.01 (US$0.00). Basic and diluted losses per ADS were RMB0.44 (US$0.07). Adjusted basic and diluted losses per ADS (non-GAAP), which excluded share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities, were RMB0.15 (US$0.02).

EBITDA (non-GAAP) for the third quarter of 2021 was RMB294 million (US$45 million), compared with RMB190 million in the third quarter of 2020 and RMB957 million in the previous quarter. EBITDA from Legacy-Huazhu (non-GAAP) for the third quarter of 2021 was RMB410 million, compared with RMB859 million in the third quarter of 2020 and RMB1.0 billion in the previous quarter. Adjusted EBITDA (non-GAAP), which excluded share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities, for the third quarter of 2021 was RMB385 million (US$59 million), compared with RMB184 million in the third quarter of 2020 and RMB1.0 billion in the previous quarter. The adjusted EBITDA from Legacy-Huazhu (non-GAAP) for the third quarter of 2021 was RMB500 million, compared with RMB853 million in the third quarter of 2020 and RMB1.1 billion in the previous quarter.

Cash flow. Operating cash inflow for the third quarter of 2021 was RMB192 million (US$29 million). Investing cash outflow for the third quarter of 2021 was RMB1.0 billion (US$158 million), including RMB397 million in partial payments for the previously announced CitiGO acquisition⁴. Financing cash outflow for the third quarter of 2021 was RMB17 million (US$3 million).

Cash and cash equivalents and Restricted cash. As of September 30, 2021, the Company had a total balance of cash and cash equivalents of RMB5.4 billion (US$836 million) and restricted cash of RMB26 million (US$4 million).

Debt financing. As of September 30, 2021, the Company had a total debt balance of RMB10.6 billion (US$1.6 billion) and the unutilized credit facility available to the Company was RMB7.0 billion.

COVID-19 update

For our Legacy-Huazhu business, our RevPAR recovery momentum resumed quickly in early July. Since late July, however, the spread of the Delta variant of COVID-19 from Nanjing to several Chinese provinces and cities resulted in the relevant governmental authorities imposing a new round of strict travelling restrictions; consequently, the blended RevPAR of Legacy-Huazhu in August dropped significantly to only 54% of the 2019 level. After the Delta variant of COVID-19 in Nanjing became largely contained in early September, the monthly blended RevPAR of Legacy-Huazhu continued to recover, reaching approximately 92% of the 2019 level. However, with a relatively-small-scale outbreak occurring in Fujian province in mid-September, the relevant governmental authorities again imposed strict travelling restrictions, especially for students, during “Golden Week” in celebration of China’s National Day Holidays. As a result, the blended RevPAR of Legacy-Huazhu during Golden Week recovered to only approximately 82% of the 2019 level. Nevertheless, RevPAR recovery in the second week of October rebounded to nearly 90% of the 2019 level, mainly driven by an upturn in business travel. Since late October, increased incidence of confirmed new COVID-19 cases spread more widely, reaching over 20 provinces in China; thus, governmental authorities reintroduced travel restrictions to curb the further spread of COVID-19. As of November 23rd, the incidence of daily confirmed cases had dropped to single digits, and RevPAR had gradually picked up.

DH also suffered from European Union lockdown policies and restrictions in public life due to the third and fourth waves of the COVID-19 pandemic in European countries. European vaccination commenced in December 2020 and increased momentum during the first half of 2021. As of November 23rd, 2021, 71% of the entire German population has received at least one shot and about 68% of the population is fully vaccinated. Along with the growing inoculation rate and the receding third COVID-19 wave since August 2021, restrictions were gradually eased for people who are fully vaccinated, or who have recovered from a COVID-19 infection, and who have tested negative for the virus. Thanks to the abovementioned progress in vaccination and easing of restrictions, DH’s business recovery started in the second quarter and continued in the third quarter during the European summer holiday break, driven by leisure business, and is on track to continue recovery. However, with regard to the emergence of a fourth COVID-19 wave in Europe with dramatically-rising 7-day-incidence rates since early November, DH faces pressure and uncertainty on future recovery. The impact over the incoming months, especially regarding business travel, is still to be determined with the unfolding of the pandemic and future government policies in the European Union.

Meanwhile, DH is continuing to implement further cost reduction and cash flow measures, especially regarding personnel and lease costs. The impact of further lockdowns should be partially offset by the extension of scope and duration of EU government support, of which EUR38 million from the German government – relating to the 2020 lockdown period – were received and recorded in the second quarter of 2021. An application for an additional government support, relating to 2021 lockdown period, was submitted in late October.

Guidance

In the fourth quarter of 2021, Huazhu expects revenue growth to be in the range of 6%-10% compared to the fourth quarter of 2020, or revenue reduction to be in the range of 4% to 8% if excluding DH. To provide more meaningful guidance excluding the impact of COVID-19, Huazhu expects revenue growth to be in the range of 12%-16% compared to pre-COVID-19 results in the fourth quarter of 2019, or revenue reduction to be in the range of 7% to 11% if excluding DH.

For the full year of 2021, we expect revenue growth to range from 22% to 26%, or to range from 26% to 30% excluding DH. To provide more meaningful guidance excluding the impact of COVID-19, Huazhu expects revenue growth to be in the range of 11%-15% compared to pre-COVID-19 results of 2019, or revenue reduction to be in the range from 0% to 4% excluding DH.

The above guidance is based on our current expectation that there will be no massive resurgence of COVID-19 for the remainder of 2021.

The above forecast reflects the Company’s current and preliminary view, which is subject to change.

Conference Call

Huazhu’s management will host a conference call at 8 p.m. (U.S. Eastern time) on Wednesday, November 24, 2021 (or 9 a.m. (Hong Kong time) on Thursday, November 25, 2021). The conference call will be a Direct Event call. All participants must preregister online prior to the call. Please use the link http://apac.directeventreg.com/registration/event/9233318 to complete the online registration at least 15 minutes prior to the start of the conference call. Once preregistration has been completed, participants will receive dial-in numbers, an event passcode, and a unique registrant ID. To join the conference, please dial the number you receive, enter the event passcode followed by your unique registrant ID, and you will be joined to the conference instantly. Please dial in approximately 10 minutes before the scheduled time of the call.

A recording of the conference call will be available after the conclusion of the conference call through December 2, 2021. Please dial +1 (855) 452 5696 (for callers in the U.S.), 400 632 2162 (for callers in mainland China), 800 963 117 (for callers in Hong Kong) or +61 2 8199 0299 (for callers outside the U.S., mainland China and Hong Kong) and enter the passcode 9233318.

The conference call will also be webcast live over the Internet and can be accessed by all interested parties at the Company’s Web site, https://ir.huazhu.com.

Use of Non-GAAP Financial Measures

To supplement the Company’s unaudited consolidated financial results presented in accordance with U.S. Generally-Accepted Accounting Principles (“GAAP”), the Company uses the following non-GAAP measures defined as non-GAAP financial measures by the U.S. Securities and Exchange Commission (“SEC”): hotel operating costs excluding share-based compensation expenses; general and administrative expenses excluding share-based compensation expenses; selling and marketing expenses excluding share-based compensation expenses; adjusted income (loss) from operations excluding share-based compensation expenses; adjusted net income (loss) attributable to Huazhu Group Limited excluding share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities; adjusted basic and diluted earnings (losses) per share/ADS excluding share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities; EBITDA; adjusted EBITDA excluding share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities; and adjusted EBITDA margin; adjusted net income (loss) attributable to Huazhu Group Limited excluding share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities from Legacy-Huazhu; EBITDA from Legacy-Huazhu; and adjusted EBITDA excluding share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities from Legacy-Huazhu. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the table captioned “Reconciliations of GAAP and non-GAAP results” set forth at the end of this release. The Company believes that these non-GAAP financial measures provide meaningful supplemental information regarding Company performance by excluding share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities that may not be indicative of Company operating performance. The Company believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing Company performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management’s internal comparisons to the Company’s historical performance. The Company believes these non-GAAP financial measures are also useful to investors in allowing for greater transparency with respect to supplemental information used regularly by Company management in financial and operational decision-making. A limitation of using non-GAAP financial measures excluding share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities is that share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities have been and will continue to be significant and recurring in the Company’s business. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

The Company believes that EBITDA is a useful financial metric to assess the operating and financial performance before the impact of investing and financing transactions and income taxes, given the significant investments that the Company has made in leasehold improvements, depreciation and amortization expense that comprise a significant portion of the Company’s cost structure. In addition, the Company believes that EBITDA is widely used by other companies in the lodging industry and may be used by investors as a measure of financial performance. The Company believes that EBITDA information provides investors with a useful tool for comparability between periods because it eliminates depreciation and amortization expense attributable to capital expenditures. The Company also uses adjusted EBITDA, which is defined as EBITDA before share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities, to assess operating results of its hotels in operation. The Company believes that the exclusion of share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities helps facilitate year-on-year comparisons of the results of operations as the share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities may not be indicative of Company operating performance.

The Company believes that unrealized gains and losses from changes in fair value of equity securities are generally meaningless in understanding the Company’s reported results or evaluating its economic performance of its businesses. These gains and losses have caused and will continue to cause significant volatility in reported periodic earnings.

Therefore, the Company believes adjusted EBITDA more closely reflects the performance capability of our hotels. The presentation of EBITDA and adjusted EBITDA should not be construed as an indication that the Company’s future results will be unaffected by other charges and gains considered to be outside the ordinary course of business.

The use of EBITDA and adjusted EBITDA has certain limitations. Depreciation and amortization expense for various long-term assets (including land use rights), income tax, interest expense and interest income have been and will be incurred and are not reflected in the presentation of EBITDA. Share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities have been and will be incurred and are not reflected in the presentation of adjusted EBITDA. Each of these items should also be considered in the overall evaluation of the results. The Company compensates for these limitations by providing the relevant disclosure of depreciation and amortization, interest income, interest expense, income tax expense, share-based compensation expenses, and unrealized gains (losses) from fair value changes of equity securities and other relevant items both in the reconciliations to the U.S. GAAP financial measures and in the consolidated financial statements, all of which should be considered when evaluating the performance of the Company.

The terms EBITDA and adjusted EBITDA are not defined under U.S. GAAP, and neither EBITDA nor adjusted EBITDA is a measure of net income, operating income, operating performance or liquidity presented in accordance with U.S. GAAP. When assessing the operating and financial performance, investors should not consider these data in isolation or as a substitute for the Company’s net income, operating income or any other operating performance measure that is calculated in accordance with U.S. GAAP. In addition, the Company’s EBITDA or adjusted EBITDA may not be comparable to EBITDA or adjusted EBITDA or similarly titled measures utilized by other companies since such other companies may not calculate EBITDA or adjusted EBITDA in the same manner as the Company does.

Reconciliations of the Company’s non-GAAP financial measures, including EBITDA and adjusted EBITDA, to the consolidated statement of operations information are included at the end of this press release.

About Huazhu Group Limited

Originated in China, Huazhu Group Limited is a world-leading hotel group. As of September 30, 2021, Huazhu operated 7,466 hotels with 722,983 rooms in operation in 17 countries. Huazhu’s brands include Blossom House, CitiGO Hotel, Crystal Orange Hotel, Elan Hotel, HanTing Hotel, Hi Inn, JI Hotel, Joya Hotel, Madison Hotel, Manxin Hotel, Ni Hao Hotel, Orange Hotel and Starway Hotel. Upon the completion of the acquisition of DH on January 2, 2020, Huazhu added five brands to its portfolio, including IntercityHotel, Jaz in the City, MAXX by Steigenberger, Steigenberger Hotels & Resorts and Zleep Hotels. In addition, Huazhu also has the rights as master franchisee for Ibis, Ibis Styles and Mercure, and co-development rights for Grand Mercure and Novotel, in the pan-China region.

Huazhu’s business includes leased and owned, manachised and franchised models. Under the lease and ownership model, Huazhu directly operates hotels typically located on leased or owned properties. Under the manachise model, Huazhu manages manachised hotels through the on-site hotel managers that Huazhu appoints, and Huazhu collects fees from franchisees. Under the franchise model, Huazhu provides training, reservations and support services to the franchised hotels, and collects fees from franchisees but does not appoint on-site hotel managers. Huazhu applies a consistent standard and platform across all of its hotels. As of September 30, 2021, Huazhu operates 15 percent of its hotel rooms under lease and ownership model, and 85 percent under manachise and franchise models.

For more information, please visit Huazhu’s website: http://ir.huazhu.com.

Safe Harbor Statement Under the U.S. Private Securities Litigation Reform Act of 1995:

The information in this release contains forward-looking statements which involve risks and uncertainties. Such factors and risks include our anticipated growth strategies; our future results of operations and financial condition; economic conditions; the regulatory environment; our ability to attract and retain customers and leverage our brands; trends and competition in the lodging industry; the expected growth of demand for lodging; and other factors and risks detailed in our filings with the SEC. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as “may,” “should,” “will,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “forecast,” “project” or “continue,” the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results.

Huazhu undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.

--- Financial Tables and Operational Data Follow ---

Huazhu Group Limited 

Unaudited Condensed Consolidated Balance Sheets

Huazhu Group Limited

Unaudited Condensed Consolidated Statements of Comprehensive Income

Huazhu Group Limited

Unaudited Condensed Consolidated Statements of Cash Flows

Huazhu Group Limited

Unaudited Reconciliation of GAAP and Non-GAAP Results

Huazhu Group Limited

Unaudited Reconciliation of GAAP and Non-GAAP Results

Operating Results: Legacy-Huazhu⁽¹⁾

Operational hotels excluding hotels under requisition

Same-hotel operational data by class

Mature hotels in operation for more than 18 months (excluding hotels under requisition)

Operating Results: Legacy-DH⁽⁴⁾