HWORLD-S (01179) announced its financial results for the third quarter of 2025, with revenue reaching RMB7 billion, an 8.1% year-on-year increase. Net profit attributable to shareholders of H World Group Limited stood at RMB1.5 billion, up 15.4% YoY. Basic earnings per share were RMB0.48.

Revenue from the Legacy-Huazhu segment rose 10.8% YoY to RMB5.7 billion, driven primarily by continued expansion of the managed franchised and licensed hotel network. Meanwhile, revenue from the Legacy-DH segment declined 3.0% YoY to RMB1.2 billion.

Jin Hui, CEO of H World Group, stated, "In Q3, our asset-light model facilitated robust network expansion and stable RevPAR (Revenue per Available Room) growth, allowing us to exceed revenue guidance and deliver strong operating profit growth. We opened 749 new hotels in Q3, bringing the year-to-date total to over 2,000, steadily progressing toward our full-year target of 2,300 new hotels in 2025. Moving forward, we remain committed to strengthening core competitiveness, pursuing high-quality network growth, expanding market share, and enhancing brand positioning and service excellence. Our confidence in China's hotel industry remains unwavering."

Regarding international operations, the Legacy-DH business achieved a 6.4% YoY increase in blended RevPAR, supported by a 4.6-percentage-point rise in occupancy. "We will continue to optimize hotel operations, focusing on cost efficiency and further developing our asset-light portfolio," Jin added.

For Q4 2025, H World Group expects revenue growth of 2%–6% YoY (or 3%–7% excluding DH). Managed franchised and licensed revenue is projected to grow 17%–21% YoY in Q4.