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H World Group Limited American Depositary Shares - $HTHT STOCK NEWS

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H World Group , a key player in the global hotel industry, will release its unaudited financial results for the first quarter of 2024 on May 17, 2024. The management will host a conference call on May 19, 2024, to discuss the results. Participants can join the call via phone or webcast. A replay will be available on the company's website for twelve months.

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H World Group completed its put right offer for its 3.00% Convertible Senior Notes due 2026, with none of the Notes being surrendered. The aggregate repurchase price was nil. The offer expired on April 29, 2024. More information is available on the SEC's and Company's websites.

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H World Group (HTHT) announces the option for holders of its 3.00% Convertible Senior Notes due 2026 to require the company to purchase the notes on May 1, 2024, with a repurchase price equal to 100% of the principal amount plus accrued interest. The total outstanding principal amount of the notes is US$499,999,000.00. The Put Right expires on April 29, 2024, giving holders the opportunity to exercise this right between April 1 and April 29, 2024.
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H World Group (NASDAQ: HTHT) reported strong financial results for Q4 2023, with RevPAR in China recovering to 122% of 2019 levels. Legacy-Huazhu's RevPAR in 2023 showed a robust resurgence, with revenue surging over 50% year-over-year, exceeding guidance.
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H World Group (HTHT) reports strong financial performance in Q4 2023 with revenue increasing by 50.7% year-over-year to RMB5.6 billion. Net income reaches RMB743 million compared to a loss in Q4 2022. The company expects revenue growth of 8%-12% in 2024.
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H World Group Explores Lower-tier Markets and International Growth Opportunities at HICAP UPDATE 2024
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H World Group Limited, a prominent player in the global hotel industry, is set to release its unaudited financial results for Q4 and FY 2023. The announcement includes details of a conference call for investors and analysts to discuss the results.
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H World Group Limited announces preliminary results for hotel operations in Q4 2023 and the full year ended December 31, 2023. RevPAR recovered to 120% of 2019 levels in Q4 2023, driven by sustained recovery in leisure and business travel demand. The company opened 460 hotels and closed 225 hotels in Q4 2023, with a net increase of 852 hotels in the full year of 2023. For Steigenberger Hotels GmbH, RevPAR in Q4 2023 recovered to 111% of the 2019 level. The operational data shows significant growth in RevPAR and occupancy rate for both Legacy-Huazhu and Legacy-DH.
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H World Group Limited (NASDAQ: HTHT and HKEX: 1179) announced the transition of Ms. Jihong He from the chief financial officer to the chief strategy officer, with Mr. Jun Zou being appointed as the new chief financial officer. Mr. Zou brings over 30 years of experience in financial management and capital markets, previously working with companies like Huawei Technologies and Autohome Inc.
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H World Group Limited (NASDAQ: HTHT and HKEX: 1179) has approved a cash dividend of US$0.093 per ordinary share, or US$0.93 per American Depositary Share (the 'ADS'). The dividend consists of an ordinary dividend of US$0.062 per ordinary share and a special dividend of US$0.031 per ordinary share. Holders of the company's ordinary shares or ADSs as of December 21, 2023, will receive the dividend.
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H World Group Limited American Depositary Shares

Nasdaq:HTHT

HTHT Rankings

HTHT Stock Data

12.61B
1.98B
1.01%
49.39%
2.87%
Hotels (except Casino Hotels) and Motels
Accommodation and Food Services
Link
United States of America
Shanghai

About HTHT

H World Group Limited, formerly Huazhu Group Limited, is a China-based investment holding company.