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Stock impact report

H World Group Limited Reports Third Quarter of 2024 Unaudited Financial Results

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
Company Research Source: GlobeNewswire
A total of 10,845 hotels or 1,062,546 hotel rooms in operation as of September 30, 2024.Hotel turnover1 increased 10.7% year-over-year to RMB26.0 billion in the third quarter of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries (which are collectively referred to as Deutsche Hospitality, “DH”, or “Legacy-DH”), hotel turnover from the Legacy-Huazhu (“Huazhu”) segment increased 11.0% year-over-year in the third quarter of 2024; and hotel turnover from the Legacy-DH segment increased 7.8% year-over-year in the third quarter of 2024. Revenue increased 2.4% year-over-year to RMB6.4 billion (US$918 million)2 in the third quarter of 2024, within the previously announced 2% to 5% revenue increase guidance as compared to the third quarter of 2023. Revenue from the Legacy-Huazhu segment in the third quarter of 2024 increased 1.0% year-over-year, in line with the previously announced 1% to 4% guidance; and revenue from the Legacy-DH segment in the third quarter of 2024 increased 8.9 Show less Read more
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