FAST NEWS: H World returns to black, forecasts slowing revenue growth
The latest: Hotelier H World Group Ltd. (HTHT.US; 1179.HK) announced last Friday it recorded a net profit of 1.31 billion yuan ($183 million) in the third quarter, reversing a net loss of…
FAST NEWS: H World’s revenue per room reaches 121% of pre-pandemic levels
The latest: Hotel operator H World Group Ltd. (HTHT.US; 1179.HK) reported Tuesday that revenue per available room (Revpar) for its legacy Huazhu business in the second quarter reached 121% of pre-pandemic levels in 2019.…
FAST NEWS: H World’s revenue per room tops pre-pandemic levels
The latest: Hotelier H World Group Ltd. (HTHT.US; 1179.HK) announced Tuesday that revenue per available room (Revpar) for its legacy Huazhu business in the first quarter recovered to 118% of…
FAST NEWS: H World Raises $260 Million in Share Placement
The latest: Hotelier H World Group Ltd. (HTHT.US; 1179.HK) on Tuesday announced it will raise $260 million by selling 6.19 million American depositary shares (ADSs), or about 1.95% of its enlarged share capital,…
Fast News: H World Group Appoints New CFO
The Lastest: Hotelier H World Group Ltd. (HTHT.US; 1179.HK) announced last Friday it promoted He Jihong from CEO of its international business to its new CFO. Looking Up: He joined the…
Can a Strong June Salvage H World Group’s Second Quarter Malaise?
Chinese hotelier is enjoying rising room rates and occupancies at its over 8,000 hotels, but that’s unlikely to offset a disastrous April and May Key Takeaways H World Group’s average…
Huazhu Ends 2021 with Omicron Hit, Seen Lingering Into 2022
The hotel operator is facing headwinds from the latest Covid-19 flare-up, whose impact is likely to affect its first quarter results Key takeaways: Huazhu Group is predicting greater uncertainties for…
