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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
SHANGHAI, May 15, 2026 /PRNewswire/ -- From 30th March to 2nd April 2026, the 34th Shanghai International Hospitality Equipment & Foodservice Expo (HOTELEX Shanghai 2026) successfully concluded at the National Exhibition and Convention Center (Shanghai). As a core cluster exhibition of the Tourism Plus Shanghai and an annual weathervane of the global hotel and catering industry, this expo, relied on a super scale of 400,000 square meters and a strong lineup of 4,018 high-quality global exhibitors, setting a new high of 303,576 professional visitors.
The expo covers a full range of exhibition categories including hotel supplies, catering equipment, coffee and tea, baking and desserts, food raw materials, supply chain services, and central kitchen equipment. It has achieved significant breakthroughs in overseas layout, becoming a core bridge connecting global hotel and catering resources and promoting cross-border cooperation, and building a high-quality platform for overseas practitioners to enter the Chinese market and explore global business opportunities.
The expo saw a remarkable rise in international participation, with the overseas segment standing out as a major highlight. A total of 18,431 overseas visitors attended, marking a 48.08% increase year-on-year and covering 189 countries and regions, led by Malaysia, South Korea and Russia. To meet global demand, three business matching sessions focused on Malaysia, Southeast Asia and the Middle East/North America, connecting 117 buyers from 23 countries with 81 domestic exhibitors. Collaborating closely with industry associations and leading enterprises worldwide, the expo organized 46 targeted buyer groups comprising 4,323 VIP purchasers, including major international buyers from Argentina, Australia, Germany and the United States, forming an efficient cross-border business ecosystem.
Beyond efficient overseas business matching and high-quality buyer resources, the expo also served as a comprehensive experience and exchange platform. It featured 13 themed exhibition areas, linking professional exhibitions with the consumer market. Meanwhile, 33 high-end forums gathered 495 industry leaders to share cutting-edge trends, alongside 17 international competitions for global professionals. Supported by 392 media partners, the expo recorded over 329 million online exposures, further enhancing its global influence.
HOTELEX Shanghai 2027 will be held again at the National Exhibition and Convention Center (Shanghai) from 30th March to 2nd April 2027. We sincerely invite global hotel and catering industry practitioners, purchasers and investors to gather in Shanghai to attend the industry event and seize cross-border business opportunities.
Booth Inquiry:
Alex.Ni@imsinoexpo.com
Media Cooperation & Hosted Buyer Program:
Lizzy.Chen@imsinoexpo.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Gather Momentum, Lead Cross-Border Prosperity ---- 2026 HOTELEX Shanghai Concludes Successfully, Unlocking New Opportunities for the Global Hotel & Catering Industry
