US Stock Market Move | H World Group Limited Sponsored ADR (HTHT.US) rose more than 5% with a 15% year-on-year increase in Q2 revenue.

On Wednesday, H World Group Limited Sponsored ADR (HTHT.US) rose more than 5%, to $35.11. The financial report shows that in the second quarter of this year, H World Group Limited Sponsored ADR's group hotel revenue reached 26.9 billion yuan, a year-on-year increase of 15%. In the same period, the group's revenue reached 6.4 billion yuan, a year-on-year increase of 4.5%, with an adjusted net profit of 1.35 billion yuan, a year-on-year increase of 7.6%, and adjusted EBITDA of 2.3 billion yuan, a year-on-year increase of 11.3%. As of the end of the second quarter, the total number of operating hotels of H World Group Limited Sponsored ADR reached 12,137, an increase of 18% compared to the previous year; the total number of operating rooms was 1,184,915, an increase of 18.3% compared to the previous year. During the reporting period, the group opened 597 new hotels, with 2,947 hotels in the pipeline. By the end of the period, the total number of operating and pipeline hotels covered 1,522 cities. By the end of the quarter, the number of members of H World Group Limited Sponsored ADR had reached 288 million, a year-on-year increase of 17.5%; in the reporting period, the contribution of central reservation systems to room nights reached 65.1%, an increase of 5.2 percentage points year-on-year, and member bookings increased by 28.8% year-on-year.