We are bullish on H World Group due to its strong positioning in China's hospitality industry and potential for overseas expansion. HTHT benefits from China's consumption downgrade trend, favoring domestic travel and affordable leisure, positioning it well in the mid-scale and economy hotel segments. Near-term growth driven by lower-tier city expansion and long-term growth supported by global e...
I maintain a buy rating for H World Group due to robust domestic travel demand in China and HTHT's strong market position. HTHT's latest earnings report shows modest revenue growth, with management expecting continued growth and a positive demand-supply environment. Despite market concerns, I believe HTHT's valuation has significant upside potential as it continues to demonstrate robust growth ...
H World Group Limited (NASDAQ:HTHT ) Q3 2024 Results Conference Call November 26, 2024 8:00 PM ET Company Participants Jason Chen - Investor Relations Director Jin Hui - Chief Executive Officer Chen Hui - Chief Financial Officer He Jihong - CSO Conference Call Participants Ronald Leung - Bank of America Simon Cheung - Goldman Sachs Lydia Ling - Citi Dan Xu - Morgan Stanley Operator Good day, an...
Strong Brands Drive Growth, Balancing Scale and Quality, Global Expansion Reaches New Heights HONG KONG , Nov. 26, 2024 /PRNewswire/ -- H World Group Limited ("H World" or "the Group", NASDAQ: HTHT and HKEX: 1179.HK) announced its unaudited financial results for the third quarter of 2024 ("Q3 2024"), with both revenue and hotel turnover showing growth. According to the announcement, H World's r...
SINGAPORE and SHANGHAI, Nov. 26, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, the “Company”, “we” or “our”), a key player in the global hotel industry, today announced its unaudited financial results for the third quarter ended September 30, 2024.
SINGAPORE and SHANGHAI, China, Nov. 12, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the third quarter of 2024 on Tuesday, November 26, 2024 (Hong Kong time), after the trading hours of The Stock Exchange of Ho...
Shares of H World Group Ltd (HTHT, Financial) surged 4.28% in mid-day trading on Oct 2. The stock reached an intraday high of $41.61, before settling at $40.52, up from its previous close of $38.86.
SINGAPORE and SHANGHAI, Sept. 03, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, today announced that Mr. Jun Zou will resign as the chief financial officer of the Company for personal reasons, effective on September 4, 2024. Ms. Hui Chen, the chief compliance officer of the Company, has been ...
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