China's H World Group Q1 revenue rises on M&F growth

H World

15/05/2026 11:14

Overview

China hotel operator's Q1 revenue grew 11.1% yr/yr to RMB6.0 bln

Company announced resignation of executive director effective May 15, 2026

Outlook

Company expects full-year gross hotel openings of 2,200 to 2,300

Result Drivers

HOTEL TURNOVER GROWTH - Co said hotel turnover increased 17.4% yr/yr to RMB26.4 bln, driven by both China and international segments

M&F EXPANSION - Manachised and franchised revenue rose 20.3% yr/yr to RMB3.0 bln, reflecting continued network expansion

INTERNATIONAL SEGMENT IMPROVEMENTS - Co said HWI segment recorded 5.0% yr/yr blended RevPAR increase, with higher ADR and occupancy rates

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
RMB 6 bln
Q1 Net Income Attributable
RMB 817 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"

Wall Street's median 12-month price target for H World Group Ltd is $60.00, about 32.1% above its May 14 closing price of $45.42

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)