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May 15, 2026 8:11 AM

H World Group Reports Q1 Results, Highlighting Asset-light Growth and Expanding APAC Footprint

SHANGHAI, May 15, 2026 /PRNewswire/ -- H World Group Limited (NASDAQ:HTHT) (HKEX: 01179), one of the world's leading hospitality groups, today announced its unaudited financial results for the first quarter ended March 31, 2026, highlighting continued momentum in network coverage, loyalty engagement and the Group's expanding presence across Asia Pacific.

Jin Hui, CEO of H World commented: "As we enter 2026, H World continues to advance brand-led, high-quality growth. In the first quarter, we opened 537 new hotels in China, well on track to meet our full-year gross opening target of approximately 2,200 to 2,300 hotels. Our blended H World China ADR increased 4.5% year-over-year and drove a 3.0% year-over-year increase in blended RevPAR."

For the first quarter, hotel GMV reached RMB 26.4 billion, up 17.4 % year-on-year. Revenue from manachised and franchised hotels grew 20.3% year-on-year to RMB 3.0 billion, underscoring the strength of the Company's asset-light model and sustained demand from partners.

Adjusted EBITDA reached RMB 1.9 billion for the quarter, a 24.2% increase year-on-year.

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