HO CHI MINH CITY, Vietnam, June 20, 2025 /PRNewswire/ -- Club Med, the global leader in premium all-inclusive holiday experiences, capped off a record-breaking 2024, marking a year of significant growth and strategic achievements. As the brand enters its 75th Anniversary this 2025, Club Med is poised to build on this momentum to capitalise on its successful upscale transformation and the rising demand for upscale all-inclusive experiences.
Key global achievements in 2024 include:
- Business Volume reached €2,090M, up +7% at comparable exchange rate.
- Resort beds capacity increased by +5%, with 100% of Premium or Exclusive Collection Resorts since April 2024.
- More than 1.5 million clients vacationed at Club Med, up +1%.
- Average room occupancy rate reached 75%, marking a 2-point increase for Premium and Exclusive Collection Resorts.
- In line with the move upmarket and accelerating growth in ski vacation, with average daily rate increased by +7% at comparable exchange rate.
- Very strong momentum for Mountain Resorts' winter and summer season, with a 20% increase in Business Volume, representing 35% of the company's global business.
- Bookings in H1/2025 already tracking ahead of 2024 by 5.7%.
- ESAP region Business Volume grew 24% YoY and saw 5.5% increase, driven by Mountain Resorts in Japan, China, and the European Alps.
- Solidify the brand's market presence in Vietnam, with 32% year-on-year increase in total sales. Hokkaido resorts capturing 56% of total sales from Vietnam for ski travel in 2024, while Maldives, Bali ranks second in sales.
Bruno Courbet, Country Director for Thailand, Indonesia, India and New Markets, added: "Vietnam's exceptional growth underscores the success of our efforts to build a strong and resonant brand within this dynamic market. The remarkable traction we are seeing in ski travel to Hokkaido, alongside the continued popularity of destinations like Maldives, Bali, demonstrates the evolving travel aspirations of Vietnamese consumers."
Following the evolving global tourism industry, Club Med has identified three key trends driving the development of its holiday experiences in 2025:
1. Strengthening Leadership in Premium All-Inclusive Travel
2. Meeting demand for Summer Mountain Holidays
3. Commitment to Sustainability
Looking ahead, Club Med is strategically expanding its global footprint with new resorts, thoughtful renovations and a commitment to sustainable tourism, including:
- First BREEAM Certified Resort in Asia Pacific (2026)
- First Beach Resort in the Gulf States (2028)
- Beach & Safari Resort; Exclusive Collection Property (2026)
- Renovations: Thailand (2025); Indonesia (2026)
Disclaimer: This media release is distributed in the Vietnam region; the booking terms and conditions may only apply to specific markets. Additionally, this release is available for pickup by other regional news channels, offering opportunities for broader coverage and increased visibility.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Club Med achieves record-breaking performance in 2024 and sets sights on 2025 with exciting developments
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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.
Network Growth Reinforces Market Leadership
As of March 31, 2026, H World's worldwide hotel network in operation totaled 13,215 hotels and 1,303,563 rooms, including 13,095 hotels under H World China and 120 hotels under H World International. The Group's geographic coverage increased to 1,461 cities in China, up from 1,394 cities as of March 31, 2025, reflecting continued expansion across regional markets and momentum in penetrating into lower-tier destinations.
H World remains focused on the mass market, with economy and midscale hotels as the core of its portfolio. The continued upgrades of Hanting and JI Hotel, together with the launch of Hanting Inn, a new economy hotel brand, have further strengthened the Group's competitiveness in the economy and midscale hotel markets, reinforcing H World's leadership in China's mass-market hospitality segment.
Expanding APAC Presence Strengthens H World's Global Platform
H World also continued to open new hotels in APAC as part of its regional expansion. With Singapore as its operational hub, the Group is extending its footprint into key Southeast Asian markets including Vietnam, Laos, and Cambodia. In Q1 2026, the first overseas JI Hotel 5.0 officially opened in Vientiane, the capital of Laos. Located in a prime area of the city, the hotel carries forward JI Hotel's signature Eastern-inspired design, reflecting H World's growing ability to bring its brands to international markets.
As of March 31, H World Group operates 6 hotels in APAC, with a pipeline of approximately 10 additional hotels.
Supported by its standardized brand system, digital operating capabilities, and supply chain advantages, H World aims to continue its growth momentum across APAC.
Loyalty and Digital Capabilities Support Continued Growth
H Rewards, the Group's loyalty program, saw growing consumer engagement in the first quarter, with room nights booked by members increasing 10.7% to 60 million.
"Looking ahead, we will continue to pursue high-quality hotel network expansion, strengthen our brand positioning, enhance member-centric sales capabilities underpinned by the H Rewards membership program, and further deepen our technology and AI development," Jin Hui said.
For the full release please visit:
https://ir.hworld.com/news-releases/news-release-details/h-world-group-limited-reports-first-quarter-2026-unaudited
About H World Group Limited
Originated in China, H World Group Limited (NASDAQ: HTHT) (HKEX: 01179) is a key player in the global hotel industry. Over the past 20 years, H World has developed into a leading hospitality group with a presence across diverse market segments, from economy to upper-midscale and lifestyle hotels. H World's brands include HanTing Hotel, JI Hotel, Crystal Orange Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels and Steigenberger Icons. In addition, H World holds 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.
For more information, please visit H World's website: https://ir.hworld.com
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.
For media inquiry, please contact:
media@hworld.com
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.
Network Growth Reinforces Market Leadership
As of March 31, 2026, H World's worldwide hotel network in operation totaled 13,215 hotels and 1,303,563 rooms, including 13,095 hotels under H World China and 120 hotels under H World International. The Group's geographic coverage increased to 1,461 cities in China, up from 1,394 cities as of March 31, 2025, reflecting continued expansion across regional markets and momentum in penetrating into lower-tier destinations.
H World remains focused on the mass market, with economy and midscale hotels as the core of its portfolio. The continued upgrades of Hanting and JI Hotel, together with the launch of Hanting Inn, a new economy hotel brand, have further strengthened the Group's competitiveness in the economy and midscale hotel markets, reinforcing H World's leadership in China's mass-market hospitality segment.
Expanding APAC Presence Strengthens H World's Global Platform
H World also continued to open new hotels in APAC as part of its regional expansion. With Singapore as its operational hub, the Group is extending its footprint into key Southeast Asian markets including Vietnam, Laos, and Cambodia. In Q1 2026, the first overseas JI Hotel 5.0 officially opened in Vientiane, the capital of Laos. Located in a prime area of the city, the hotel carries forward JI Hotel's signature Eastern-inspired design, reflecting H World's growing ability to bring its brands to international markets.
As of March 31, H World Group operates 6 hotels in APAC, with a pipeline of approximately 10 additional hotels.
Supported by its standardized brand system, digital operating capabilities, and supply chain advantages, H World aims to continue its growth momentum across APAC.
Loyalty and Digital Capabilities Support Continued Growth
H Rewards, the Group's loyalty program, saw growing consumer engagement in the first quarter, with room nights booked by members increasing 10.7% to 60 million.
"Looking ahead, we will continue to pursue high-quality hotel network expansion, strengthen our brand positioning, enhance member-centric sales capabilities underpinned by the H Rewards membership program, and further deepen our technology and AI development," Jin Hui said.
For the full release please visit:
https://ir.hworld.com/news-releases/news-release-details/h-world-group-limited-reports-first-quarter-2026-unaudited
About H World Group Limited
Originated in China, H World Group Limited (NASDAQ: HTHT) (HKEX: 01179) is a key player in the global hotel industry. Over the past 20 years, H World has developed into a leading hospitality group with a presence across diverse market segments, from economy to upper-midscale and lifestyle hotels. H World's brands include HanTing Hotel, JI Hotel, Crystal Orange Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels and Steigenberger Icons. In addition, H World holds 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.
For more information, please visit H World's website: https://ir.hworld.com
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.
For media inquiry, please contact:
media@hworld.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
H World Group Reports Q1 Results, Highlighting Asset-light Growth and Expanding APAC Footprint
