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Stock impact report

H World Group Ltd (HTHT) Q3 2024 Earnings Call Highlights: Record Hotel Openings Amidst Revenue ... [Yahoo! Finance Canada]

H World Group Limited - American Depositary Shares (HTHT) 
Last h world group limited - american depositary shares earnings: 3/26 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.huazhu.com
Occupancy Rate (Legacy-Huazhu): Maintained at 84.9%, a marginal decline of 1 percentage point. Hotel Openings: 774 hotels opened in Q3 2024. Hotel Closures: 217 hotels closed, including 123 low-quality ones. Pipeline Hotels: Decreased to 2,899. Room Nights (B2B Platform): Exceeded 7.5 million, up 41% YoY. Active Corporate Clients: Exceeded 4,500, up 45% YoY. CRS Contribution: Improved by 2.2 percentage points YoY to 64.2%. Blended ADR (DH): Increased 2.5% from EUR114 to EUR117. RevPAR (DH): Increased 3.7% from EUR79 to EUR82. Total Turnover: RMB26 billion, up 11% YoY. Hotel Revenue: Increased 2.4% YoY to RMB6.4 billion. Operating Costs: RMB3.8 billion, up 5% YoY. SG&A Expenses: RMB975 million, up 18% YoY. Adjusted EBITDA: Decreased 9.5% YoY to RMB2.1 billion. Adjusted Net Income: RMB1.4 billion. Operating Cash Flow: RMB1.7 billion. Cash and Equivalents: RMB9.3 billion. Share Buyback: USD270 million worth of shares repurchased YTD. Q4 2024 Revenue G Show less Read more
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