Strong Network Expansion and Membership Growth
H World achieved an 18.3% year-over-year increase in the number of rooms in operation. The H Rewards membership program grew by 17.5% year-over-year to nearly 290 million members, with room nights booked by members increasing by 28.8% year-over-year.
Robust Growth in Asset-Light Business
Managed and franchised (M&F) revenue rose 22.8% year-over-year to RMB 2.9 billion, with gross operating profit increasing by 23.2% year-over-year to RMB 1.9 billion, contributing nearly two-thirds of the group's total gross operating profit.
Launch of HanTing 4.0 and Brand Recognition
The HanTing brand ranked #1 on the World's Top 50 hotel brands list, and the new HanTing 4.0 version was launched, offering lower cost, higher quality, and greater efficiency.
Intercity Hotel and Orange Hotel Milestones
Intercity Hotel achieved positive year-over-year growth in same hotel RevPAR. Orange Hotel surpassed 1,000 hotels, marking it as a key growth engine in the middle-scale segment.
Strong Financial Performance
Group adjusted EBITDA rose by 11.3% year-over-year to RMB 2.3 billion, and adjusted net income increased by 7.6% year-over-year to RMB 1.3 billion.