XML 44 R27.htm IDEA: XBRL DOCUMENT v3.21.1

RELATED PARTY TRANSACTIONS AND BALANCES

12 Months Ended

Dec. 31, 2020

RELATED PARTY TRANSACTIONS AND BALANCES

RELATED PARTY TRANSACTIONS AND BALANCES

20.RELATED PARTY TRANSACTIONS AND BALANCES

Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operational decisions. Parties are also considered to be related if they are subject to common control or common significant influence. Related parties may be individuals or corporate entities.

The following entities are considered to be related parties to the Group. The related parties mainly act as service providers and service recipients to the Group. The Group is not obligated to provide any type of financial support to these related parties.

​

​	​	​	​	​
Related Party		Nature of the Party		Relationship with the Group
Trip.com Group Limited (“Trip.com”)		Online travel services provider		Mr. Qi Ji is a director
Sheen Star Group Limited (“Sheen Star”)		Investment holding company		Equity method investee of the Group, controlled by Mr. Qi Ji
Accor Hotels (“Accor”)		Hotel Group		Shareholder of the Group
China Cjia Group Limited (“Cjia Group”)		Apartment Management Group		Equity method investee of the Group
Shanghai CREATER Industrial Co., Ltd. (“CREATER”)		Staged office space company		Equity method investee of the Group
Shanghai Zhuchuang Enterprise Management Co., Ltd. (“Zhuchuang”)		Staged office space company		Equity method investee of the Group
China Hospitality JV, Ltd. (“China Hospitality JV”)		Property management company		Equity method investee of the Group
Smart Lodging Group (Cayman) Limited(“Smart Lodging”)		Hotel chain		Equity method investee of the Group
Shanghai Lianquan Hotel Management Co., Ltd. (“Lianquan”)		Hotel management company		Equity method investee of the Group
Suzhou Huali Jinshi Construction Decoration Co., Ltd. ("Huali Jinshi")	​	Building decoration company	​	Equity method investee of the Group

​

Shanghai CREATER Industrial Co., Ltd. ceased to be related parties of the Group from August 2019.

(a) Related party balances

Amounts due from related parties were mainly comprised of shareholder loans to Sheen Star, CREATER, Cjia Group, Zhuchuang and Lianquan, which are short-term in nature and mainly payable on demand, and receivable for service fee from Accor, service fee and room charges withheld by Trip.com. As the Group adopted ASU 2016-13 on January 1, 2020 utilizing the modified retrospective approach, the Group recorded credit losses of RMB18 for the year ended December 31, 2020.

​

​	​	​	​	​
​	​	As of December 31,
​		2019	​	2020
Sheen Star		52		52
Zhuchuang		27		27
Trip.com		16		22
Cjia Group		16		22
Accor		1		1
Lianquan		50		58
Others		20		14
Allowance for expected credit losses	​	—	​	(18)
Total		182		178

​

Amounts due to related parties were mainly comprised of payables for brand use fee, reservation fee and other service fee to Trip.com, and Accor, consultation fee to and cash received on behalf of Cjia Group and China Hospitality JV and payables for construction service fee to Huali Jinshi, which are short-term in nature and payable on demand.
​

​

​	​	​	​	​
​		As of December 31,
​		2019	​	2020
Trip.com	​	33	​	48
China Hospitality JV	​	25	​	—
Accor	​	11	​	8
Cjia Group	​	17	​	42
Huali Jinshi	​	9	​	29
Others	​	0	​	5
Total	​	95	​	132

​

(b) Related party transactions

During the years ended December 31, 2018, 2019 and 2020, significant related party transactions were as follows:

​

​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2018		2019		2020
Commission expenses to Trip.com	​	61		72		78
Lease expenses to Trip.com	​	18		18		18
Brand use fee, reservation fee and other related service fee to Accor	​	18		28		17
Marketing and training fee from Trip.com	​	12		41		66
Service fee from Accor	​	14		9		3
Service fee from China Hospitality JV	​	10		6		1
Service fee from Sheen Star	​	2		4		4
Goods sold and service provided to Cjia Group	​	30		21		18
Sublease income from Cjia Group	​	—		14		9
Service fee to Cjia Group	​	—		6		17
Early termination compensation of sublease to Cjia Group	​	—	​	—	​	8
Early termination compensation of franchise agreement from China Hospitality JV	​	—	​	—	​	26
Purchase of property and equipment from Cjia Group	​	—	​	—	​	11
Service fee to Huali Jinshi	​	1	​	99	​	41
Sublease income from Lianquan	​	—		7		12
Interest income from Sheen Star	​	—		8		1
Interest income from CREATER	​	10		6		—
Loan from Cjia Group	​	103		—		—
Loan payment to Smart Lodging	​	—		30		—
Loan payment to Lianquan	​	—		32		—

​

X

- References

No definition available.

+ Details

Name:	us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-URI http://asc.fasb.org/topic&trid=2122745

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

+ Details

Name:	us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration