H World Group Limited (HTHT) Earnings Call Transcripts

H World Group Limited's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, H World Group Limited reported a revenue of RMB 6.0 billion, reflecting an 11.1% year-over-year increase, while adjusted net income surged 38.6% to RMB 1.1 billion. The company maintained its guidance for full-year RevPAR growth, signaling confidence in ongoing demand despite rising energy costs. Management emphasized strong operational performance and strategic expansion, particularly in lower-tier cities and the upper midscale segment, which could drive future growth and stock performance.

Reported metrics

Guidance from management

Management maintained its full-year RevPAR guidance, indicating confidence in continued demand despite potential challenges from rising energy costs.

What management said

[Interpreted] Thank you, Xin Chen. So as you can see from our presentation, H World has a very strong balance sheet as well as stable cash flow. And going forward, as we continue pushing forward the asset-light strategy and those cost reduction initiatives, we will maintain our shareholder return plan in place. Going forward, if there's anything new, we will update with the market in time. But overall for the -- over...

What analysts pressed on

Analysts expressed concerns regarding the impact of rising energy costs on travel demand and the overall economic environment. Questions were raised about the sustainability of occupancy rates amidst fluctuating consumer spending patterns.

Main topics on the call

• Revenue Growth — H World achieved a revenue of RMB 6.0 billion, up 11.1% year-over-year, with HWC revenue increasing 12.4% to RMB 5.0 billion. Management stated, "steady hotel network expansion and continued RevPAR recovery" were key dri...
• Profitability Improvement — Adjusted EBITDA rose 24.2% year-over-year to RMB 1.9 billion, with a margin expansion of 3.3 percentage points to 31.0%. This was attributed to a growing profit contribution from the asset-light business.
• Market Expansion Strategy — The company reported a 14.1% year-over-year increase in rooms in operation, with a goal of reaching 20,000 hotels by 2026. Management noted, "We are moving steadily towards our strategic goal of 2,000 cities, 20,000 hote...
• Upper Midscale Segment Growth — The upper midscale segment showed strong performance, with RevPAR recovery slightly better than economy and midscale. Management highlighted, "the overall RevPAR recovery in the upper-midscale segment is actually slightl...

Read the full H World Group Limited transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 26 H World Group Limited earnings call transcripts on record, spanning March 27, 2020 to May 15, 2026. Based on this history, H World Group Limited reports quarterly. The most recent call on file is dated May 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HTHT

Exchange

NasdaqGS

Country

US

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

26

First call

March 27, 2020

Most recent

May 15, 2026

Reporting cadence

quarterly