reports
H World Group Limited Reports Fourth Quarter and Full Year of 2024 Una...
H World Group Limited Reports Fourth Quarter and Full Year of 2024 Unaudited Financial Results 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 t...
H World Group Limited Schedules Fourth Quarter and Full Year of 2024 E...
H World Group Limited Schedules Fourth Quarter and Full Year of 2024 Earnings Release on March 20, 2025 SINGAPORE and SHANGHAI, March 10, 2025 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the fourth quarter and full year of 2024 on Thursday, March 20, 2025 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market. H World’s management will...
H World Group Limited Reports Third Quarter of 2024 Unaudited Financia...
H World Group Limited Reports Third Quarter of 2024 Unaudited Financial Results 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-yea...
H World Group Limited Schedules Third Quarter of 2024 Earnings Release...
H World Group Limited Schedules Third Quarter of 2024 Earnings Release on November 26, 2024 SINGAPORE and SHANGHAI, China, Nov. 12, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the third quarter of 2024 on Tuesday, November 26, 2024 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market. H World’s management will host a conference ca...
H World Group Limited Announces Change of Chief Financial Officer
H World Group Limited Announces Change of Chief Financial Officer SINGAPORE and SHANGHAI, Sept. 03, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, today announced that Mr. Jun Zou will resign as the chief financial officer of the Company for personal reasons, effective on September 4, 2024. Ms. Hui Chen, the chief compliance officer of the Company, has been appointed as the chief financial officer of the Company, effective on September 4, 2024. Ms. Chen has deep financial management exp...
H World Group Limited Reports Second Quarter and Interim of 2024 Unaud...
H World Group Limited Reports Second Quarter and Interim of 2024 Unaudited Financial Results A total of 10,286 hotels or 1,001,865 hotel rooms in operation as of June 30, 2024.Hotel turnover1 increased 15.5% year-over-year to RMB23.4 billion in the second quarter of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover from the Legacy-Huazhu segment increased 16.2% year-over-year in the second quarter of 2024; and hotel turnover from the Legacy-DH segment increased 7.8% year-over-year in the second quarter of 2024. Revenue increased 11.2% year...
H World Group Limited Schedules Second Quarter and Interim of 2024 Ear...
H World Group Limited Schedules Second Quarter and Interim of 2024 Earnings Release on August 20, 2024 SINGAPORE and SHANGHAI, Aug. 05, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the second quarter and interim of 2024 on Tuesday, August 20, 2024 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market. H World’s management wi...
H World Group Limited Announces Shareholder Return Plan
H World Group Limited Announces Shareholder Return Plan SINGAPORE and SHANGHAI, China, July 23, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a leading and fast-growing hotel group, today announced that, in order to enhance shareholder value, its board of directors (the “Board”) has approved a three-year shareholder return plan with an aggregate amount of distributions that may be made to the Company’s shareholders of up to US$2,000,000,000, effective from July 23, 2024 (the “Shareholder Return Plan”). Under the Shareholder Retu...
H World Group Limited Announces Changes in Board Composition
H World Group Limited Announces Changes in Board Composition SHANGHAI, July 02, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, today announced that (i) Mr. Shangzhi Zhang will step down as a director of the board of directors of the Company (the “Board”) and serve as an observer of the Board, effective from July 2, 2024, and (ii) Ms. Jie Zheng, a senior advisor of the Company and a supervisory board member of Steigenberger Hotels GmbH, a subsidiary of the Company, will serve as an execut...
H World Group Limited Announces Voting Results of 2024 Annual General ...
H World Group Limited Announces Voting Results of 2024 Annual General Meeting SHANGHAI, June 27, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, today announced that the 2024 annual general meeting of the Company (the “AGM”) was held on June 27, 2024. During the AGM, the following proposed resolutions were duly passed: the ordinary resolution as set out in the notice of the AGM dated May 8, 2024 (the “Notice of AGM”) regarding the ratification of appointment of Deloitte Touche Tohmatsu C...
H World Group Ltd: 1 director
A director at H World Group Ltd sold 245,000 shares at 36.930USD and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
H World Group Limited Reports First Quarter of 2024 Unaudited Financia...
H World Group Limited Reports First Quarter of 2024 Unaudited Financial Results A total of 9,817 hotels or 955,657 hotel rooms in operation as of March 31, 2024.Hotel turnover1 increased 21.1% year-over-year to RMB19.7 billion in the first quarter of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 21.6% year-over-year in the first quarter of 2024. Hotel turnover from the Legacy-DH segment increased 15.5% in the first quarter of 2024.Revenue increased 17.8% year-over-year to RMB5.3 billion (US$731 million)2 in the first quarter ...
H World Group Limited Schedules First Quarter of 2024 Earnings Release...
H World Group Limited Schedules First Quarter of 2024 Earnings Release on May 17, 2024 SINGAPORE and SHANGHAI, China, May 06, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the first quarter of 2024 on Friday, May 17, 2024 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market. H World’s management will host a conference call at 9 ...
H World Group Limited Announces Completion of the Put Right Offer for ...
H World Group Limited Announces Completion of the Put Right Offer for Its 3.00% Convertible Senior Notes due 2026 SHANGHAI, China, April 30, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (Nasdaq: HTHT and HKEx: 1179, the “Company” or “H World”), a key player in the global hotel industry, today announced that it has completed its previously announced put right offer relating to its 3.00% Convertible Senior Notes due 2026 (CUSIP No. 44332NAB2) (the “Notes”). The put right offer expired at 5:00 p.m., New York City time, on Monday, April 29, 2024. Based on information from Wilmington Trust, ...
H World Group Limited Announces Put Right Notification for 3.00% Conve...
H World Group Limited Announces Put Right Notification for 3.00% Convertible Senior Notes due 2026 SHANGHAI, April 01, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (Nasdaq: HTHT and HKEx: 1179, the “Company” or “H World”), a key player in the global hotel industry, today announced that it is notifying holders of its 3.00% Convertible Senior Notes due 2026 (CUSIP No. 44332NAB2) (the “Notes”) that pursuant to the Indenture dated as of May 12, 2020 (the “Indenture”) relating to the Notes by and between the Company and Wilmington Trust, National Association, as trustee and paying agent, eac...
H World Group Limited Reports Fourth Quarter and Full Year of 2023 Una...
H World Group Limited Reports Fourth Quarter and Full Year of 2023 Unaudited Financial Results A total of 9,394 hotels or 912,444 hotel rooms in operation as of December 31, 2023.Hotel turnover1 increased 55.0% year-over-year to RMB20.4 billion in the fourth quarter of 2023. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 60.6% year-over-year in the fourth quarter of 2023 and increased 65.9% year-over-year for the full year of 2023.Revenue increased 50.7% year-over-year to RMB5.6 billion (US$786 million)2 in the fourth quarter of 202...
H World Group Limited Schedules Fourth Quarter and Full Year of 2023 E...
H World Group Limited Schedules Fourth Quarter and Full Year of 2023 Earnings Release on March 20, 2024 SINGAPORE and SHANGHAI, China, March 08, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the fourth quarter and full year of 2023 on Wednesday, March 20, 2024 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market. H World’s managemen...
H World Group Limited Announces Preliminary Results for Hotel Operatio...
H World Group Limited Announces Preliminary Results for Hotel Operations in the Fourth Quarter and the Full Year of 2023 SINGAPORE and SHANGHAI, China, Jan. 22, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”), a key player in the global hotel industry, today announced preliminary results for hotel operations in the fourth quarter (“Q4 2023”) and the full year ended December 31, 2023. Business update For our Legacy-Huazhu business, our RevPAR in Q4 2023 recovered to 120% of the 2019 level, supported by the sustained recovery in bot...
H World Group Limited Announces the Change of Officers
H World Group Limited Announces the Change of Officers SHANGHAI, China, Jan. 02, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, today announced that Ms. Jihong He will step down as the chief financial officer of the Company and serve as the chief strategy officer of the Company, effective from January 2, 2024. Mr. Jun Zou, the executive vice president of the Company, has been appointed as the chief financial officer of the Company, effective from the same date. Mr. Zou has over 30 yea...
H World Group Limited Announces Cash Dividend
H World Group Limited Announces Cash Dividend SHANGHAI, China, Nov. 29, 2023 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a leading and fast-growing hotel group, today announced that its board of directors (the “Board”) has approved the declaration and payment of a cash dividend (the “Cash Dividend”) of US$0.093 per ordinary share, or US$0.93 per American Depositary Share (the “ADS”). The Cash Dividend is comprised of two tranches, including (i) an ordinary dividend of US$0.062 per ordinary share, or US$0.62 per ADS and (ii) a speci...
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