StockWatch
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Hotels/Resorts
Quarterly ResultMay 15, 2026, 06:17 AM

H World Q1 Revenue +11.1% to RMB6.0B; Net Income RMB817M

AI Summary

H World Group reported an 11.1% year-over-year increase in Q1 2026 revenue to RMB6.0 billion ($870 million). However, net income attributable to H World Group Limited decreased by 8.6% year-over-year to RMB817 million ($118 million). The company expanded its hotel network to 13,215 hotels and 1,303,563 rooms, with HWC RevPAR increasing 3.0% year-over-year. Additionally, Ms. Jie Zheng resigned as an executive Director.

Key Highlights

  • Total hotels in operation: 13,215 (1,303,563 rooms) as of March 31, 2026.
  • Q1 2026 Revenue: RMB6.0 billion ($870 million), up 11.1% year-over-year.
  • Q1 2026 Net income attributable to H World Group: RMB817 million ($118 million), down 8.6% year-over-year.
  • Q1 2026 Adjusted EBITDA (non-GAAP): RMB1.9 billion ($269 million), up from RMB1.5 billion year-over-year.
  • HWC segment revenue: RMB5.0 billion, up 12.4% year-over-year.
  • HWC blended RevPAR: RMB214, up 3.0% year-over-year.
  • HWI segment Adjusted EBITDA: Loss of RMB56 million, improved from RMB78 million loss year-over-year.
  • Ms. Jie Zheng resigned as an executive Director, effective May 15, 2026.