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H World Group Reports Strong Second-Quarter 2026 Performance and Announces New Shareholder Return Plan

Business

H World Group Reports Strong Second-Quarter 2026 Performance and Announces New Shareholder Return Plan
Business

Business

H World Group Reports Strong Second-Quarter 2026 Performance and Announces New Shareholder Return Plan

2026-08-17 21:13 Last Updated At:21:35

SINGAPORE and SHANGHAI, Aug. 17, 2026 /PRNewswire/ -- H World Group Limited ("H World" or the "Group") (NASDAQ: HTHT; HKEX: 1179), one of the world's leading hotel groups, today announced its unaudited financial results for the second quarter of 2026, delivering strong profitability, continued improvement in its asset-light business and another quarter of solid execution.

As of June 30, 2026, the Group operated 13,539 hotels or 1,335,445 hotel rooms, with a pipeline of 3,089 hotels.

For the quarter, hotel GMV reached RMB 30.5 billion, representing an increase of 13.2% year-on-year. 

Jin Hui, CEO of H World commented: "During the second quarter, we delivered another quarter of RevPAR expansion. Our blended H World China ADR rose 2.6% year-on-year, fueling a 1.1% year-over-year lift in blended RevPAR. This performance was underpinned by ongoing product upgrades and a suite of revenue-management optimization initiatives. Meanwhile, our hotel network kept expanding at a solid pace, with 498 newly-opened hotels across China; and the number of hotels in our pipeline grew both year-over-year and quarter-over quarter. We remain firmly on track to hit our full‐ year gross opening guidance of 2,200 ‐ 2,300 hotels."

Strong Financial Performance

H World delivered a strong financial performance during the second quarter, with revenue increasing 10.8% year-over-year to RMB7.1 billion. Total adjusted EBITDA increased 20.0% year-on-year to RMB 2.7 billion.

Manachised and franchised ("M&F") revenue increased 25.2% year-over-year to RMB3.6 billion over the same period last year. Gross operating profit from the M&F business increased 18.5% to RMB 2.2 billion, reflecting continued progress of the Group's asset-light operating strategy.

Accelerating Shareholder Returns

The Group has completed ahead of schedule the US$2 billion shareholder return plan announced in 2024, underscoring the strength of its cash generation and balance sheet.

Building on this progress, the Board has approved a new three-year shareholder return plan with an aggregate amount of US$ 2.5 billion effective from August 17, 2026, through cash dividends and share repurchases.

Looking ahead, H World will remain focused on delivering 'brand-led' high-quality hotel network expansion, backed by its H Rewards membership program, technology development, and further driving operational efficiency.

For the full-year of 2026, H World raised its guidance of revenue growth to the range of 4%-8%.

For the full release please visit: 

https://ir.hworld.com/news-releases/news-release-details/h-world-group-limited-reports-second-quarter-and-interim-2026 

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, 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 Strong Second-Quarter 2026 Performance and Announces New Shareholder Return Plan

H World Group Reports Strong Second-Quarter 2026 Performance and Announces New Shareholder Return Plan

HONG KONG, Aug. 14, 2026 /PRNewswire/ -- Restore, an innovative mini storage provider distinguished by clean, minimalist interiors, today announces 4 new store additions to its Hong Kong footprint. These include a brand-new store in Tsuen Wan, as well as capacity expansion to its existing facilities in Fo Tan, Kwai Chung, and Wong Chuk Hang. Pairing advanced smart storage features with a customer-first service philosophy, Restore is well known to leverage human-centric technology to deliver seamless, secure, and exceptionally convenient storage solutions.

First Tsuen Wan Store: A Different Mini Storage Experience Combining Clean Designs and Smart Tech

With its recent expansion to Tsuen Wan, Restore has grown its network to over 40 stores across the city, broadening its service reach to New Territories West to better serve local residents and businesses. To celebrate the opening of the new branch, the Tsuen Wan mini-storage is offering a grand opening promotion with average monthly fees from as low as HK$239 per month, available on a first-come, first-served basis.

In addition to expanding into new areas, Restore has concurrently expanded its existing branches in Fo Tan, Kwai Chung, and Wong Chuk Hang. By increasing its capacity in these three districts, Restore aims to offer a more diverse range of storage options to more effectively meet local customer needs, alongside its hallmark "0 prepayment, no lock-in" payment plans.

Smart tech for better customer convenience and protection

Restore stands out as one of the very few mini-storage companies adopting smart tech throughout all aspects of customer experience. Moving away from cumbersome move-in procedures of traditional storage facilities, Restore integrates human-centric technology into all facets of its facility design to significantly enhance both security and convenience for its users: 

  • Smart locks combined with mechanical ones for dual protection: Customers enjoy 24/7 card-free facility access via smartphones. Each storage unit also pairs an independent electronic lock with a mechanical locking latch, delivering a dual-layered security system that perfectly balances modern convenience with robust protection.
  • IoT systems for intelligent interior climate control:Restore's facilities feature innovative IoT systems that track interior climate conditions. By replacing traditional manual inspections with data-driven management, Restore is able to effectively eliminate blind spots and response delays. This enables consistent facility climate control and therefore better peace of mind for customers.
  • Paperless online account management: Customers are now able to book storage units, sign contracts, and manage their accounts online at their convenience. This paperless process eliminates the need to visit a branch in person, saving both time and effort.

Clear focus on specialized facilities dedicated to storage

Restore offers arguably the widest range of locker sizes and specialized storage options in the market. These include wardrobe units, book-shelf units, and double-decker lockers. It also offers comprehensive moving services enabling seamless customer move-ins.

To prioritize customer privacy and security, Restore's facilities are designed exclusively for storage purposes. By keeping its spaces dedicated solely to storage, Restore minimizes foot traffic and maintains a quiet and safe environment where customers can comfortably access and organize their belongings.

New store locations

Tsuen Wan Storage: 13/F (Reception), Bonsun Industrial Building, 364-366 Sha Tsui Road, Tsuen Wan, NT

Fo Tan Storage: Units 703 (Reception), 704, 401 and 402, Hopeful Factory Center, 10-16 Wo Shing Street, Fo Tan

Kwai Chung Storage: 6/F (Reception) & 4/F & 5/F And 8/F, Kinwah Factory Building, 136-138 Tai Lin Pai Road, Kwai Chung, Hong Kong

Wong Chuk Hang Storage:
1. Unit C,D, 2/F (Reception) & And Unit C, 8/F, Sing Teck Factory Building, 44 Wong Chuk Hang Road, Hong Kong
2. Unit B, 9/F (Reception) & Unit A, 1/F And Unit B, 8/F, Shui Ki Industrial Building, 18 Wong Chuk Hang Road, Hong Kong

For more information contact:
66338008
hello@restore.space 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Mini storage provider Restore expands to Tsuen Wan, now with 40+ stores across Hong Kong

Mini storage provider Restore expands to Tsuen Wan, now with 40+ stores across Hong Kong

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