In the first quarter, the operating profit of HWORLD-S (01179) was 1.5 billion yuan, an increase of 37.5% year-on-year.

HWORLD-S(01179) announced its performance for the first quarter of 2026, with revenue of approximately 6 billion yuan, a year-on-year increase of 11.14%. Operating profit was 1.5 billion yuan, a year-on-year increase of 37.5%. Net profit attributable to Huazhu Group Limited was 817 million yuan, with earnings per share of 0.27 yuan. Operating cash inflow was 233 million yuan, investment cash inflow was 1.4 billion yuan, and financing cash inflow was 416 million yuan. The announcement stated that the growth in operating profit was mainly due to a year-on-year increase of 31.8% in HWC and 12.1% in HWI. Huazhu CEO Jin Hui stated: "In the first quarter of 2026, we maintained a steady pace of new hotel openings in China, opening 537 new hotels. The progress is smooth so far, and we are confident in achieving our target of opening approximately 2,200 to 2,300 new hotels for the year. With continued product iteration and upgrades, as well as optimization of revenue management measures, HWC's average room rate increased by 4.5% year-on-year, and average revenue per available room increased by 3.0% year-on-year, showing a improving trend in performance each quarter. Looking ahead, we will continue to push for high-quality hotel network expansion, strengthen brand positioning, leverage Huazhu Club to enhance sales focused on members, and further deepen our development in technology and artificial intelligence." "To better reflect the group's future development prospects clearly and accurately, starting this quarter we are officially adopting a new disclosure structure for HWC and HWI. HWC represents all domestic business of the group in China, while HWI covers all hotel-related businesses outside of China. In the first quarter of 2026, HWI saw a 5.0% year-on-year increase in average revenue per available room, with a 1.6% increase in average room rate and a 2.1 percentage point increase in occupancy rate."