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 (HTHT) operates one of Asia's most dynamic hotel networks through its asset-light franchise model and multi-brand strategy. This page aggregates official announcements, financial updates, and strategic developments for investors tracking China's hospitality sector evolution.
Access real-time updates including quarterly results, property expansions, leadership changes, and partnership agreements. Our curated feed ensures you never miss critical information about HTHT's economy-to-luxury brand portfolio or international growth initiatives.
Key updates cover earnings releases, new hotel openings, technology implementations, and market expansion strategies. All content is sourced directly from company filings and verified channels to maintain regulatory compliance.
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H World Group Limited (NASDAQ: HTHT) reported preliminary Q1 2023 results, showing a robust recovery in hotel operations. The company’s RevPAR for its Legacy-Huazhu business reached 118% of 2019 levels, with monthly recoveries at 96%, 140%, and 120% respectively. Strong average daily rate (ADR) growth supported this recovery amid pent-up demand. Despite COVID-19 impacts leading to hotel closures, H World signed over 670 new hotels in the quarter. The Legacy-DH segment also demonstrated promising recovery with a blended RevPAR of 94% compared to 2019. Operational metrics revealed an increase in occupancy rates and ADRs across different hotel categories, indicating a positive trend in the hospitality sector.
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