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My rating for H World is lifted from a "Hold" to a "Buy" based on my assessment of its performance and outlook. It registered a 7% EBITDA beat in 3Q25, thanks to robust leisure travel demand in China and a more optimized asset mix tilted toward capital-light properties. The company is well positioned to return to positive RevPAR growth in 4Q25 and exceed its full-year new hotel opening guidance.

H World Group Limited ( HTHT ) Q3 2025 Earnings Call November 17, 2025 7:00 AM EST Company Participants Jason Chen - Investor Relations Director Hui Jin - Chief Executive Officer Hui Chen - CFO & Chief Compliance Officer Jihong He - Chief Strategy Officer Conference Call Participants Dan Chee Sijie Lin - China International Capital Corporation Limited, Research Division Lydia Ling - Citigroup I...

SHANGHAI , Nov. 17, 2025 /PRNewswire/ -- H World Group Limited (NASDAQ: HTHT; HKEX: 01179), one of the world's leading hospitality groups, delivered strong third-quarter results for 2025, with continued momentum across its asset-light expansion, loyalty ecosystem, and digital capabilities. Asset-light Strategy Continues to Drive High-quality Growth Hotel GMV reached RMB 30.6 billion, up 17.5% y...

SINGAPORE and SHANGHAI, Nov. 17, 2025 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, the “Company”, “we” or “our”), a key player in the global hotel industry, today announced our unaudited financial results for the third quarter ended September 30, 2025.

SHANGHAI , Nov. 3, 2025 /PRNewswire/ -- H World Group Limited (NASDAQ: HTHT) (HongKong: 01179), a leading global hospitality group, marked its 20th anniversary by announcing a new strategic phase focused on supply-side innovation and quality growth. The company plans to operate more than 20,000 hotels in 2,000 Chinese cities by 2030, aiming for approximately 15% market share.

H World specializes in so-called limited-service hotels in China that cost about $35 to $70 a night and its strategy in the country is “absolutely about growth,” said Chief Strategy Officer Jihong He.

SINGAPORE , Sept. 20, 2025 /PRNewswire/ -- H World Group Limited (NASDAQ: HTHT; HK: 01179), a leading global hospitality group, announced the signing of three new JI Hotels in Kuala Lumpur, Malaysia and Phnom Penh, Cambodia.

I maintain my buy rating on HTHT, driven by strong asset-light expansion and deepening member engagement, fueling durable earnings growth. HTHT's rapid hotel pipeline conversion, cost-efficient build-outs, and growing membership engagement create a powerful growth flywheel and competitive moat. Early signs of RevPAR recovery in China and margin tailwinds from lower build costs further de-risk H...