Welcome to our dedicated page for H World Group news (Ticker: HTHT), a resource for investors and traders seeking the latest updates and insights on H World Group stock.
H World Group Limited (NASDAQ: HTHT; HKEX: 01179) is a China-headquartered global hospitality company whose news flow centers on hotel network expansion, brand development, financial performance and capital markets activity. Originating in China and operating across 19 countries, the group reports on developments across its multi-brand portfolio, which includes HanTing Hotel, JI Hotel, Orange Hotel, Crystal Orange Hotel, IntercityHotel, MAXX, Steigenberger Hotels & Resorts, Steigenberger Icons and other brands.
News about H World often highlights its asset-light strategy and the balance between leased and owned hotels and manachised and franchised hotels. Regular quarterly and interim releases provide unaudited financial results, segment performance for Legacy-Huazhu and Legacy-DH, and updates on metrics such as hotel turnover, revenue mix, and operating margin. These announcements also describe the growth of its H Rewards loyalty program and the role of its digital platforms and central reservation system in driving direct bookings.
Investors following HTHT news can also expect updates on international expansion, particularly in Asia Pacific. Recent announcements have covered signings and openings of JI Hotel, MAXX and Steigenberger-branded properties in markets such as Singapore, Cambodia, Laos and Malaysia, as well as milestones like the sixth anniversary of JI Hotel Orchard Road Singapore. In addition, H World issues releases on events such as capital markets days, board composition changes, cash dividend declarations and conference call schedules.
This news page aggregates these company-specific updates so readers can review H World’s operating trends, brand activity, network growth and corporate actions as disclosed in its press releases and related communications.
H World Group (NASDAQ: HTHT) reported strong performance during China's 2025 May Day holiday, hosting nearly 6.3 million guests, a 30% increase from 2024. The company achieved an overall hotel occupancy rate exceeding 84%, with several second-tier cities surpassing 90%. Major cities showed impressive growth, with Guangzhou reaching 88% occupancy (+10% YoY), Shenzhen 87% (+14.5% YoY), and Xi'an 85% (+10.4% YoY).
The company benefited from China's new 240-hour visa-free transit policy, recording over 43,000 international guest stays, a 75% year-on-year increase. This performance aligned with broader industry growth, as China reported 314 million domestic trips (+6.4% YoY) and tourism spending of 180.27 billion yuan (+8.0% YoY) during the holiday period.
H World Group (NASDAQ: HTHT) reported strong growth in Q4 and full-year 2024, with quarterly revenue up 7.8% Y-o-Y to RMB6.0 billion (US$825 million) and annual revenue increasing 9.2% Y-o-Y to RMB23.9 billion (US$3.3 billion). The company achieved significant network expansion with 2,442 new hotel openings in 2024, reaching 11,147 total hotels and maintaining 3,013 hotels in pipeline.
Q4 adjusted EBITDA reached US$171 million (+10.3% Y-o-Y), while full-year adjusted EBITDA grew to US$935 million (+8.8% Y-o-Y). Legacy-Huazhu maintained a high occupancy rate of 81.2%, while Legacy-DH business recorded a 5.9% Y-o-Y RevPAR increase. The company expanded its upper-mid scale segment with 231 new hotels and has 526 such properties in pipeline.
H Rewards membership grew to 267 million, with central reservation systems contributing to almost two-thirds of bookings. The company returned approximately US$767 million to shareholders through dividends and share repurchases in 2024.
H World Group (HTHT) reported its Q4 and full year 2024 financial results, showing mixed performance. The company's total hotel network reached 11,147 hotels with 1,088,218 rooms in operation as of December 31, 2024.
Revenue increased 7.8% year-over-year to RMB6.0 billion (US$825 million) in Q4 2024, surpassing previous guidance. Full-year revenue grew 9.2% to RMB23.9 billion. However, net income declined to RMB49 million in Q4 2024 from RMB743 million in Q4 2023, mainly due to foreign exchange losses and increased withholding tax.
The company declared a cash dividend of US$0.97 per ADS for H2 2024. Total shareholder returns for 2024 reached US$767 million, including US$500 million in cash dividends and US$267 million in share repurchases. For 2025, H World expects revenue growth of 2-6% and plans to open approximately 2,300 hotels while closing around 600.
H World Group (NASDAQ: HTHT) has announced the scheduled release of its unaudited financial results for the fourth quarter and full year of 2024. The results will be disclosed on March 20, 2025, after Hong Kong Stock Exchange trading hours and before U.S. market opening.
The company will host a conference call at 8 a.m. U.S. Eastern time (8 p.m. Hong Kong time) on the same day. Participants must pre-register for the call through a provided registration link to receive dial-in details. A live webcast will be available, and a replay will be accessible for twelve months on the company's website.
H World Group (NASDAQ: HTHT) reported Q3 2024 financial results showing revenue growth of 2.4% year-over-year to RMB6.4 billion. The company's hotel turnover increased 10.7% to RMB26.0 billion. Legacy-Huazhu (China operations) revenue grew 1.0%, while Legacy-DH (international operations) saw 8.9% growth. The group achieved a net income of RMB1.3 billion with an operating margin of 26.7%. H World operates 10,845 hotels across 18 countries, with 2,925 unopened hotels in pipeline. In China, the company opened 774 new hotels in Q3, maintaining a solid 85% occupancy rate despite rapid expansion.
H World Group reported its Q3 2024 financial results with revenue increasing 2.4% year-over-year to RMB6.4 billion. The company's hotel network expanded to 10,845 hotels with 1,062,546 rooms in operation. Hotel turnover grew 10.7% year-over-year to RMB26.0 billion. Net income remained stable at RMB1.3 billion, while EBITDA was RMB2.0 billion. Legacy-Huazhu segment showed 1.0% revenue growth, while Legacy-DH segment revenue increased by 8.9%. The company opened 774 new hotels and maintains 2,925 hotels in pipeline. For Q4 2024, H World expects revenue growth of 1-5% compared to Q4 2023.
H World Group (NASDAQ: HTHT and HKEX: 1179) has announced the schedule for its third quarter 2024 financial results release. The unaudited results will be released on November 26, 2024, after Hong Kong Stock Exchange trading hours and before U.S. market opening. The company will host a conference call at 8 p.m. U.S. Eastern time on November 26 (9 a.m. Hong Kong time on November 27). Participants must pre-register for the call, and a live webcast will be available. A replay of the conference call will be accessible for twelve months on the company's website.
H World Group (NASDAQ: HTHT and HKEX: 1179) has announced a change in its executive leadership. Mr. Jun Zou will step down as Chief Financial Officer on September 4, 2024, due to personal reasons. Ms. Hui Chen, the current Chief Compliance Officer, will assume the role of Chief Financial Officer effective the same date.
Ms. Chen brings extensive financial management experience in China's travel and hotel industries. She has a history with H World, having served in various financial roles since 2014, including a previous stint as CFO from May 2021 to December 2022. Her background also includes CFO positions at Cjia Group and Home Inns Group, as well as a finance director role at Trip.com. Ms. Chen holds a master's degree in management from Shanghai Jiaotong University.
H World Group (NASDAQ: HTHT, HKEX: 1179) reported strong Q2 and H1 2024 financial results. Revenue grew 14.1% year-over-year to RMB 11.4 billion (USD 1.6 billion) in H1 2024, with Q2 revenue reaching RMB 6.1 billion (USD 846 million), up 11.2% year-over-year. Income from operations increased to RMB 2.6 billion (USD 354 million) in H1 2024, with Q2 operating margin improving to 25.6%. The company's hotel network expanded to 10,286 hotels worldwide, with 3,294 under development. H World upgraded its 2024 hotel opening guidance to over 2,200 hotels. The board announced a three-year shareholder return plan of up to $2 billion and approved a five-year share repurchase plan of up to $1 billion, reflecting confidence in long-term growth prospects.
H World Group (NASDAQ: HTHT) reported its unaudited financial results for Q2 2024. The company operated 10,286 hotels with 1,001,865 rooms globally as of June 30, 2024.
Hotel turnover increased 15.5% YoY to RMB23.4 billion. Revenue rose 11.2% YoY to RMB6.1 billion, at the high end of the previously announced guidance. The Legacy-Huazhu segment's revenue increased 11.1%, while the Legacy-DH segment's revenue rose 11.6% YoY.
Net income attributable to H World was RMB1.1 billion, up from RMB1.0 billion in Q2 2023. EBITDA (non-GAAP) was RMB1.9 billion, and adjusted EBITDA was RMB2.0 billion.
For Q3 2024, H World expects revenue growth of 2%-5% YoY. The company also revised its full-year 2024 hotel opening guidance to over 2,200 hotels, up from around 1,800. During Q2 2024, H World opened 567 hotels but saw Legacy-Huazhu's blended RevPAR decline by 2% YoY.