US Stock Market Move | H World Group Limited Sponsored ADR (HTHT.US) rose nearly 4%, achieving double growth in revenue and profit in the first half of 2025.
On Friday, Huazhu Group (HTHT.US) rose nearly 4%, to $37.79.
On Friday, H World Group Limited Sponsored ADR (HTHT.US) rose nearly 4% to $37.79. The financial report shows that in the second quarter of this year, H World Group Limited Sponsored ADR's hotel revenue was 26.9 billion yuan, an increase of 15% year-on-year. During the same period, the group's revenue reached 6.4 billion yuan, an increase of 4.5%; adjusted net profit was 1.35 billion yuan, an increase of 7.6%; adjusted EBITDA was 2.3 billion yuan, an increase of 11.3%.
After reaching the "Ten Thousand Hotels" goal in the second quarter of last year, the number of hotels in H World Group Limited Sponsored ADR continues to grow. As of the end of the second quarter, the total number of operating hotels in the group reached 12,137, an increase of 18% year-on-year; the total number of operating rooms was 1,184,915, an increase of 18.3%. During the reporting period, the group opened 597 new hotels, with 2,947 hotels in operation, and a total of 1,522 cities covered by operating and upcoming hotels at the end of the period.
For the third quarter, H World Group Limited Sponsored ADR's performance guidance is as follows: expected revenue growth in the third quarter of 2024 is expected to range from 2% to 6%, or an increase of 4% to 8% (excluding H World Group Limited Sponsored ADR International); management franchise and franchise operating income is expected to increase by 20% to 24% in the third quarter of 2024.
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