SINGAPOREandSHANGHAI, China,May 20, 2025/PRNewswire/ -- H World Group Limited (NASDAQ: HTHT) (HK: 01179), one of the world's leading hospitality groups, began 2025 with continued momentum in growth, asset-light transformation and brand loyalty, according to its first-quarter results released today.
A Scalable Model for Mass-Market Hospitality
H World Group achieved 538 net hotel openings in the first quarter endedMarch 31, taking the total number of hotels in operation to 11,685. The number of rooms worldwide totaled 1,142,158, a 20% increase over last year.
The company now covers 1,394 cities acrossChina, with plans to reach 2,000 cities in the future – from major hubs to the most remote and underserved regions.As ofMarch 31, H World had a total of 2,888 hotels in its pipeline.
Advancing the Asset-Light Transformation
H World continued to advance its asset-light strategy in this quarter, with revenue from manachised and franchised hotels rising 21% year-over-year toRMB 2.5 billion(US$344 million). The company's distinct manachise model — combining the scalability of franchising with the operational control of management — remains a key enabler of efficient, brand-consistent growth.
Loyalty Growth& Direct Booking Strength
As of the end of Q1, H Rewards membership reached 277 million, making it one of the largest loyalty platforms in the global hospitality industry. Direct booking from members accounted for over 65% of total reservations – a 5.4 percentage point increase year-on-year, reflecting growing digital engagement, improved margins, and greater customer lifetime value.
OngoingExperienceUpgrade
H World continued to advance its product upgrade initiatives to enhance consumer experience across core brands including Hanting, JI, and Orange. As of Q1:
The first quarter also marked rapid growth in the upper-midscale segment, which includes brands such as Intercity Hotel, Crystal Orange Hotel, MAXX by Steigenberger, and CitiGo Hotel, with a 36% year-on-year increase in operating hotels and a 22% expansion of the development pipeline.
Looking Ahead
"We are confident we will achieve our full-year network expansion target of approximately 2,300 gross hotel openings,"said H World CEOJin Hui."To achieve sustainable long-term growth, we will continue advancing our asset-light strategy, focusing on high-quality network expansion, enhancing brand positioning and'service excellence', and strengthening sales capabilities centred around our H Rewards membership program."
For the full release please visit:
https://ir.hworld.com/news-releases/news-release-details/h-world-group-limited-reports-first-quarter-2025-unaudited
1. The conversion of Renminbi ("RMB") intoUnited Statesdollars ("US$") is based on the exchange rate ofUS$1.00=RMB7.2567onMarch 31, 2025, as set forth in H.10 statistical release of the U.S. Federal Reserve Board and available athttp://www.federalreserve.gov/releases/h10/hist/dat00_ch.htm.
About H World Group Limited
Originated in China, H World Group Limited (NASDAQ:HTHT; HK:01179) is a key player in the global hotel industry. 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 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.
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.
Formediainquiry, please contact:
Lihuan Wangmedia@hworld.com
Zheming Xing zheming@taskforce-china.cn
Zhibin Lang zhibin.lang@taskforce-china.cn
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SOURCE H World Group