Latest news with #HWorldGroup
Yahoo
3 days ago
- Business
- Yahoo
H World debuts in Laos with four hotel management deals
Global hospitality firm H World Group has made its debut in Laos, underscoring a step in its international expansion strategy. The entry is marked by the signing of four hotel management agreements, set to enhance its presence in Southeast Asia. These agreements were formalised in a signing ceremony in Vientiane, the capital city of Laos, aligning with H World Group's "asset-light and internationalisation" initiative. H World Asia Pacific president Zhu Xiaogang said: "This signing of four hotels in Laos is an important step for H World in promoting localised management and building a deeply rooted network across the region. "We are committed to strengthening our operational capabilities in Southeast Asia and delivering high-quality, full-lifecycle services to our partners. We are confident that these projects in Laos will become the highlights in H World's development in the region.' Under the company's upper-midscale and midscale brands, the new properties will be situated in Vientiane and the historic city of Luang Prabang. The first property, Intercity Hotel in Vientiane, is a collaboration with Lao Kunpeng Industrial and will be located near Wattay International Airport and the Sanjiang Area. Its doors are expected to open in early 2026, offering guests connectivity. Intercity Hotel in Luang Prabang, also developed with Lao Kunpeng Industrial, will be nestled in the centre of city and is slated to welcome guests in 2027. Yuting Hotel Investment Management will develop JI Hotel in Vientiane's Mekong Riverside, which will offer river views in downtown Vientiane. This establishment, set to open in early 2026, will be the first JI Hotel in Laos and the second in Southeast Asia, joining JI Hotel Orchard in Singapore. A project by KP Construction Sole, the Orange Hotel Vientiane International Airport will be situated near the airport and the Sanjiang Area, with an anticipated opening in the third quarter of 2026. This marks the first Orange Hotel outside China. The expansion comes at a time when Laos is experiencing a surge in international tourism, with more than 1.97 million international tourists arriving via the China-Laos Railway in 2024, a significant increase from the previous year, as per data from the Laos National Tourism Administration. Chinese tourists represent over 60% of these visitors, with China becoming a source of inbound tourism to Laos. In financial terms, H World Group reported a net income of 659m yuan ($91m) for the first quarter of 2024, which is a 33.4% decrease from 990m yuan in the same period last year. "H World debuts in Laos with four hotel management deals" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Nikkei Asia
6 days ago
- Business
- Nikkei Asia
China's H World to add 9,000 hotels by 2030 in budget travel push
SHANGHAI -- Chinese major hotelier H World Group aims to add about 9,000 hotels by 2030, mostly on its home turf, betting that demand for affordable stays will continue to grow as the domestic economy faces headwinds. Headquartered in Shanghai, the group has over 20 hotel brands -- in China and overseas -- with 11,685 properties as of the end of March, up 538 locations from the previous quarter. In 2025 alone, it plans to add 2,300 hotels, while also shutting down between 500 to 600 underperforming properties, according Jihong He, the company's chief strategy officer.
Washington Post
20-05-2025
- Business
- Washington Post
H World Group: Q1 Earnings Snapshot
SHANGHAI — SHANGHAI — H World Group Limited (HTHT) on Tuesday reported earnings of $123 million in its first quarter. On a per-share basis, the Shanghai-based company said it had profit of 39 cents. Earnings, adjusted for non-recurring gains, were 34 cents per share. The hotel operator posted revenue of $744 million in the period.
Yahoo
08-05-2025
- Business
- Yahoo
H World Group's (NASDAQ:HTHT) Soft Earnings Are Actually Better Than They Appear
Shareholders appeared unconcerned with H World Group Limited's (NASDAQ:HTHT) lackluster earnings report last week. We think that the softer headline numbers might be getting counterbalanced by some positive underlying factors. Our free stock report includes 2 warning signs investors should be aware of before investing in H World Group. Read for free now. One key financial ratio used to measure how well a company converts its profit to free cash flow (FCF) is the accrual ratio. In plain english, this ratio subtracts FCF from net profit, and divides that number by the company's average operating assets over that period. You could think of the accrual ratio from cashflow as the 'non-FCF profit ratio'. As a result, a negative accrual ratio is a positive for the company, and a positive accrual ratio is a negative. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. That's because some academic studies have suggested that high accruals ratios tend to lead to lower profit or less profit growth. For the year to December 2024, H World Group had an accrual ratio of -0.47. Therefore, its statutory earnings were very significantly less than its free cashflow. In fact, it had free cash flow of CN¥6.6b in the last year, which was a lot more than its statutory profit of CN¥3.05b. H World Group did see its free cash flow drop year on year, which is less than ideal, like a Simpson's episode without Groundskeeper Willie. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. As we discussed above, H World Group's accrual ratio indicates strong conversion of profit to free cash flow, which is a positive for the company. Based on this observation, we consider it possible that H World Group's statutory profit actually understates its earnings potential! Unfortunately, though, its earnings per share actually fell back over the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For example - H World Group has 2 warning signs we think you should be aware of. This note has only looked at a single factor that sheds light on the nature of H World Group's profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Associated Press
08-05-2025
- Business
- Associated Press
H World Group Limited Schedules First Quarter of 2025 Earnings Release on May 20, 2025
SINGAPORE and SHANGHAI, May 08, 2025 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) ('H World', 'we' or 'our') a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the first quarter of 2025 on Tuesday, May 20, 2025 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market. H World's management will host a conference call at 8 a.m. (U.S. Eastern time) on Tuesday, May 20, 2025 (or 8 p.m. (Hong Kong time) on Tuesday, May 20, 2025) following the announcement. To join by phone, all participants must pre-register this conference call using the Participant Registration link of Upon registration, each participant will receive details for the conference call, including dial-in numbers, conference call passcode and a unique access PIN. A live webcast of the call can be accessed at or the Company's website at A replay of the conference call will be available for twelve months from the date of the conference at the Company's website, About H World Group Limited Originated in China, H World Group Limited is a key player in the global hotel industry. As of December 31, 2024, H World operated 11,147 hotels with 1,088,218 rooms in operation in 18 countries. 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. As of December 31, 2024, H World operated 9 percent of its hotel rooms under the lease and ownership model, and 91 percent under the manachise and franchise model. For more information, please visit H World's website: Safe Harbor Statement Under the U.S. Private Securities Litigation Reform Act of 1995: The information in this release contains forward-looking statements which involve risks and uncertainties. Such factors and risks include our anticipated growth strategies; our future results of operations and financial condition; economic conditions; the regulatory environment; our ability to attract and retain customers and leverage our brands; trends and competition in the lodging industry; the expected growth of demand for lodging; and other factors and risks detailed in our filings with the U.S. Securities and Exchange Commission. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as 'may,' 'should,' 'will,' 'expect,' 'plan,' 'intend,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'forecast,' 'project' or 'continue,' the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results. H World undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Contact Information Investor Relations Tel: +86 (21) 6195 9561 Email: [email protected]
