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Stock impact report

H World Group Limited Reports Fourth Quarter and Full Year of 2024 Unaudited Financial Results

Huazhu Group Limited - American Depositary Shares (HTHT) 
Last huazhu group limited - american depositary shares earnings: 3/26 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.huazhu.com
Company Research Source: GlobeNewswire
A total of 11,147 hotels or 1,088,218 hotel rooms in operation as of December 31, 2024.Hotel turnover1 increased 16.5% year-over-year to RMB23.7 billion in the fourth quarter of 2024 and increased 15.5% year-over-year for the full year of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover from the Legacy-Huazhu segment increased 17.5% year-over-year in the fourth quarter of 2024 and increased 16.1% year-over-year for the full year of 2024. Hotel turnover from the Legacy-DH segment increased 6.5% year-over-year in the fourth quarter of 2024 and increased 9.0% year-over-year for the full year of 2024.Revenue increased 7.8% year-over-year to RMB6.0 billion (US$825 million)2 in the fourth quarter of 2024, surpassing the revenue guidance previously announced of a 1% to 5% increase compared to the fourth quarter of 2023, increasing 9.2% year-over-year to RMB23.9 billion (US$3.3 billion) for the full year of 2024. Revenue from the Legacy-Hua Show less Read more
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