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《大行報告》華住集團(01179.HK)獲保薦人高盛首予「買入」評級 目標價380元
阿思達克 09-23 14:37
高盛發表研究報告,首予華住集團(01179.HK)「買入」投資評級,12個月目標價380元。該行指,在短期而言穩健的國內旅遊復甦,加上今年底平均每間可供出租客房收入跌幅料持續收窄,並可能在2021年再次出現增長。中期而言,市場整合加快有利於國內供應。長遠而言,該行相信華住集團將會朝著品牌、加盟商及客戶的生態系統發展,以支持業務租合增長及提高利用率,料公司2022年前將會有超過10,000間酒店。

該行相信,公司能在低線城市複製其成功模式,及應對在高端市場尋找合適業務案例的挑戰。預期公司在2019至2022年的收入及EBITDA年複合增長率分別為23%及29%。

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