H World Group Stock Price, News & Analysis

H World Group Limited (NASDAQ: HTHT) will announce its Q4 and full-year 2022 financial results on March 27, 2023, after trading hours in Hong Kong and before the U.S. market opens. A conference call is scheduled for 9 p.m. ET on the same day, where management will discuss the results. As of December 31, 2022, H World operated 8,543 hotels with 809,478 rooms across 17 countries. The company employs a mix of lease, ownership, manachised, and franchised models, with 13% of hotel rooms under lease and ownership, and 87% under manachise and franchise models.

H World Group Limited (NASDAQ: HTHT) reported its preliminary hotel operations results for Q4 2022 and the full year ending December 31, 2022. In Q4, RevPAR for its Legacy-Huazhu business recovered to 83% of the 2019 level, with a notable recovery trend following the Chinese government's reopening policy. Blended RevPAR for Legacy-DH hotels was 110% of 2019 levels, largely driven by strong performance in Qatar and Egypt. Despite some improvements, occupancy rates remain lower than 2019 figures, and the company faces continued inflationary pressures on operating costs. Important data indicate ongoing efforts in cost management and rate increases.

H World Group Limited (NASDAQ: HTHT) has priced an underwritten public offering of 6,190,000 American depositary shares (ADSs) at US$42.00 each, with an option for underwriters to buy an additional 928,500 ADSs within 30 days. Proceeds will fund growth strategies amid post-COVID recovery, enhance competitiveness, and support technology and ESG initiatives. Goldman Sachs and UBS are underwriting the offering, which is registered with the SEC and effective as of January 10, 2023. The press release advises that it is not an offer to sell securities in jurisdictions where it would be unlawful.

H World Group Limited (NASDAQ: HTHT) has launched a public offering of $260 million of American depositary shares (ADSs), each representing ten ordinary shares. The offering is underwritten, with a 30-day option for underwriters to purchase an additional $39 million. Proceeds will fund growth strategies post-COVID, enhance competitiveness, and invest in technology and ESG initiatives. Goldman Sachs and UBS are acting as joint underwriters. The offering is subject to market conditions and follows the company's automatic shelf registration effective January 10, 2023.

H World Group Limited (NASDAQ: HTHT) announced a leadership change, with Ms. Hui Chen stepping down as Chief Financial Officer, effective immediately. Ms. Jihong He, previously the CEO for international business, will take over as CFO. Ms. He joined H World in October 2021, bringing extensive experience from roles at CapitaLand, Temasek, and Roland Berger. As of September 30, 2022, H World operates 8,402 hotels across 17 countries, utilizing various business models, primarily manachised and franchised, with 87% of its rooms under these models.

H World Group Limited (NASDAQ: HTHT) reported a revenue increase of 16.2% year-over-year to RMB4.1 billion (US$575 million) for Q3 2022, beating prior guidance. However, net loss widened to RMB717 million (US$101 million) compared to RMB137 million a year ago. Hotel turnover rose by 24.4% year-over-year, reflecting a recovery driven by pent-up demand. Despite operational challenges in China due to COVID, the Legacy-DH segment showed growth, with RevPAR reaching 102% of 2019 levels. Looking ahead, revenue for Q4 is expected to grow by 7% to 11%, but there is caution due to ongoing COVID uncertainties.

H World Group Limited (NASDAQ: HTHT) will release its Q3 2022 financial results on November 28, 2022, after Hong Kong market hours, ahead of U.S. market opening. A conference call will follow at 8 p.m. Eastern Time on the same day. Investors must pre-register for the call to receive dial-in details. As of September 30, 2022, H World operates 8,402 hotels across 17 countries, managing 797,489 rooms under various brands and models. The company continues to adapt its business through leased, owned, manachised, and franchised hotel models.

H World Group Limited (NASDAQ: HTHT) reported preliminary Q3 2022 results, showcasing a significant recovery in hotel operations. The RevPAR for Legacy-Huazhu reached 90% of 2019 levels due to increased leisure travel. Meanwhile, Legacy-DH experienced a RevPAR surge to 102% of 2019 levels. Operating metrics improved with increased occupancy rates and average daily room rates (ADR). However, the company remains cautious about Q4 due to sporadic COVID resurgences in China and potential energy shortages in Europe affecting operations.

H World Group Limited (HTHT) reported a net loss of RMB350 million (US$52 million) for Q2 2022, a significant decline from a net income of RMB378 million in Q2 2021. Revenue decreased by 5.7% year-over-year to RMB3.4 billion (US$504 million). The Legacy-Huazhu segment's revenue fell 26.8%, while the Legacy-DH segment saw a 311.2% increase. EBITDA was negative RMB213 million, down from RMB957 million in the prior year. In Q3 2022, revenue is projected to rise by 13% to 17%, reflecting recovery post-lockdowns due to Omicron. As of June 30, the company operated 8,176 hotels with 773,898 rooms.