關於 cookie 的說明

本網站使用瀏覽器紀錄 (Cookies) 來提供您最好的使用體驗,我們使用的 Cookie 也包括了第三方 Cookie。相關資訊請訪問我們的隱私權與 Cookie 政策。如果您選擇繼續瀏覽或關閉這個提示,便表示您已接受我們的網站使用條款。

H World Announces Preliminary Q2 Operating Results

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 2516 加入收藏 :

RevPAR Recovers To 121% Of The 2019 Level

HONG KONG, July 26, 2023 /PRNewswire/ -- H World Group Limited ("H World" or "the Group", NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 ("Q2 2023").

As of 30 June 2023, H World operates 8,750 hotels with 844,417 rooms in 18 different countries. For the Legacy-Huazhu business, the RevPAR recovered significantly to 121% of the 2019 level, benefiting from the strong recovery of demand for domestic travel. The RevPAR in April, May and June 2023 recovered to 127%, 115% and 123% of the 2019 levels, respectively. The hotel closures were mainly attributed to closures that were carried over due to the impact of COVID-19, and continuous effort to eliminate lower-quality and underperforming economy hotels. Legacy-Huazhu opened 374 new hotels, which was broadly in line with growth expectations. Meanwhile, Legacy-Huazhu maintained strong growth in new hotel signings, reaching over 1,000 new hotels during this quarter, which reflected the rising confidence level of franchisees. 

Steigenberger Hotels GmbH and its subsidiaries ("DH" or "Legacy-DH"), driven by an increase in the ADR, recorded restorative growth in Q2 2023, with RevPAR having recovered to 111% of the 2019 level.

As a leading player in the hotel industry, H World has maintained a steady momentum of growth as it continues to seek certainty in a market full of uncertainties. The Group has been adhering to a sustainable quality growth strategy and has continued to expand its hotel network through its anchor brands in the economy and midscale segments. Moreover, its multi-brand strategy in the upper midscale segment has also experienced the same boost in growth. Through the continued upgrades made to the platforms organization and digital operation systems, better products and services were consistently made to its customers and franchisees, leading the hotel industry to experience new vitality. In addition, H World continues to fulfil its social responsibility as an industry leader and to create value in the areas of sustainable development, social welfare and talent cultivation, to create sustainable and high-quality growth for investors and the entire ecosystem and bring long-term stable returns to shareholders.

About H World Group Limited:

Originated in China, H World Group Limited is a key player in the global hotel industry. H World's brands include Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels. In addition, H World also has the rights as master franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, in the pan-China region.

H World's business includes leased and owned, manachised and franchised models. Under the lease and ownership model, H World directly operates hotels typically located on leased or owned properties. Under the manachise model, H World manages manachised hotels through the on-site hotel managers that H World appoints, and H World collects fees from franchisees. Under the franchise model, H World provides training, reservations and support services to the franchised hotels, and collects fees from franchisees but does not appoint on-site hotel managers. H World applies a consistent standard and platform across all of its hotels.

For more information, please visit H World's website: https://ir.hworld.com.

以上新聞投稿內容由 PR Newswire 美通社 全權自負責任,若有涉及任何違反法令、違反本網站會員條款、有侵害第三人權益之虞,將一概由 PR Newswire 美通社 承擔法律及損害賠償之責任,與台灣產經新聞網無關。

Tags :
2024 年 12 月 2 日 (星期一) 農曆十一月初二日
首 頁 我的收藏 搜 尋 新聞發佈