H World Group Q1 Revenue Jumps 20.3%, Driven by Asset-Light Model and APAC Expansion
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H World Group reported robust first-quarter 2026 financial results, with hotel GMV increasing 17.4% year-over-year to RMB 26.4 billion and revenue from manachised and franchised hotels growing 20.3% to RMB 3.0 billion. Adjusted EBITDA also saw a significant rise of 24.2% year-over-year to RMB 1.9 billion, driven by strong network expansion and an asset-light growth strategy. The company opened 537 new hotels in China and is actively expanding its footprint across the Asia Pacific region, including new openings in Laos. This positive earnings report, released ahead of the formal 6-K filing, indicates strong operational momentum and strategic execution. Investors will be watching for continued progress on its full-year hotel opening targets and further international expansion.
At the time of this announcement, HTHT was trading at $44.76 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $14B. The 52-week trading range was $30.41 to $56.64. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.