8月20日，华住集团发布2025年二季度财务业绩，报告期内，华住集团酒店营业额269亿元，同比增长 15%；收入64亿元，同比增长4.5%；经调整净利润13.5亿元，同比增长7.6%；经调整EBITDA（息税折 旧及摊销前利润）23亿元，同比增长11.3%。 聚焦华住中国业绩，财报显示，2025年二季度，在市场供给增加的压力下，华住中国的日均房价 （ADR）、入住率（OCC）和平均可出租客房收入（RevPAR）分别为290元、81%和235元，均较上季 度有所回升，并分别恢复至2024年同期的98.1%、98.4%和96.2%。同时，华住中国新开业门店数量为 595家，其中经济型酒店和中档酒店占比分别达44%、42%。期末，华住中国运营中及待开业酒店合计 覆盖城市达到1416个，较上年同期增加88个。 本文源自：金融界 财报显示，截至2025年二季度末，华住集团在营酒店总数达12137家，同比增长18%；在营客房总数 1184915间，同比增加18.3%。报告期内，集团新开业酒店597家，待开业酒店2947家，期末运营中及待 开业酒店合计覆盖城市达1522个。 ...

Core Insights - Huazhu Group reported a hotel revenue of 26.9 billion yuan in Q2, representing a year-on-year growth of 15% [1] - The group's total revenue reached 6.4 billion yuan, up 4.5% year-on-year, with adjusted net profit at 1.35 billion yuan, increasing by 7.6% [1] - Adjusted EBITDA for the quarter was 2.3 billion yuan, reflecting an 11.3% year-on-year growth [1] Operational Metrics - As of the end of Q2, Huazhu operated a total of 12,137 hotels, marking an 18% increase year-on-year, with 1,184,915 rooms, up 18.3% [1] - The company opened 597 new hotels during the quarter, with a total of 2,947 hotels in the pipeline, covering 1,522 cities [1] - Key performance indicators showed an average daily rate (ADR) of 290 yuan, an occupancy rate (OCC) of 81%, and revenue per available room (RevPAR) of 235 yuan, all showing recovery compared to the previous quarter [1] Strategic Focus - CEO Jin Hui emphasized the commitment to long-termism, high-quality development, and market penetration, particularly in core urban areas [2] - The company aims to maintain dual growth in scale and profitability despite increased market supply pressure, achieving high occupancy rates [2] - Huazhu is focused on product innovation and ecosystem development, launching the "epoch-making" Hanting 4.0 and expanding its mid-range brand, Juzi [2]

截至二季度末，华住在营酒店总数达12,137家，同比增长18%；在营客房总数1,184,915间，同比增加 18.3%。报告期内，集团新开业酒店597家，待开业酒店2,947家，期末运营中及待开业酒店合计覆盖城 市达1,522个。截至季末，华住会的会员数达到2.88亿，同比增加17.5%；报告期内，中央预定系统贡献 的间夜量达65.1%，同比增加5.2个百分点，会员预定间夜同比提升28.8%。 智通财经APP获悉，周三，华住(HTHT.US)涨逾5%，报35.11美元。财报显示，今年二季度华住集团酒 店营业额达269亿元，同比增长15%。同期，集团收入达64亿元，同比增长4.5%，经调整净利润13.5亿 元，同比增长7.6%，经调整EBITDA(息税折旧及摊销前利润)23亿元，同比增长11.3%。 ...

8月20日，华住集团发布2025年第二季度财报。数据显示，二季度集团酒店营业额同比增长15%至269亿 元；收入同比增长4.5%至64亿元；经调整净利润同比增长7.6%至13.5亿元；经调整EBITDA同比增长 11.3%至23亿元。 截至二季度末，集团在营酒店12137家，同比增长18%；在营客房1184915间，同比增加18.3%。报告期 内新开业酒店597家，待开业2947家，运营中及待开业酒店合计覆盖城市1522个。 品牌动态显示，汉庭推出4.0版本，标准化模型造价6.99万/间，营建周期缩短30天，同时汉庭位列2024 年度"全球TOP50酒店品牌"榜单第一。桔子酒店开业数突破1000家，8年增长12倍。城际酒店在营及待 开业数同比增长57.1%，RevPAR370元，开业18个月以上成熟店RevPAR441元。 华住中国方面，二季度日均房价（ADR）290元、入住率（OCC）81%、平均可出租客房收入 （RevPAR）235元，分别恢复至2024年同期的98.1%、98.4%和96.2%。期内新开业门店595家，其中经 济型、中档酒店占比分别为44%、42%；运营中及待开业酒店覆盖城市1416个， ...

（原标题：美股异动｜华住涨超5%创近两个月新高 中期纯利同比增长超41%） 华住(HTHT.US)涨超5%，最高触及35.09美元，创近两个月新高。 华住集团公布，上半年收入118.21亿元，同比增长3.5%；纯利24.38亿元，同比增长41.3%，合每股盈利 79分。单计第二季度，总收入64.26亿元，同比增长4.5%；经营利润18亿元，同比增长13.7%；经营利润 率27.8%，上升2.2个百分点，主要受惠管理加盟及特许经营业务的收入贡献增加。董事会批准每股派息 8.1美仙。(格隆汇) ...

Financial Performance - In Q2 2025, the company reported a revenue increase of 4.5% year-on-year to 6.4 billion RMB, with a net profit of 1.5 billion RMB, reflecting a 36.4% year-on-year growth and a 67.8% quarter-on-quarter increase [2] - The hotel operating revenue reached 26.9 billion RMB, showing a 15% year-on-year increase [2] Operational Metrics - Key operational metrics continued to decline year-on-year, with Average Daily Rate (ADR) down 2% to 290 RMB, occupancy rate (OCC) decreasing from 82.6% to 81%, and Revenue per Available Room (RevPAR) down 3.7% to 235 RMB [3] - However, these metrics showed improvement compared to Q1 2025, recovering to 98.1%, 98.4%, and 96.2% respectively [3] Expansion Strategy - The company opened 595 new hotels in Q2, a slowdown compared to Q1, with economy and mid-range hotels making up 44% and 42% of new openings respectively [5] - By the end of Q2, the company operated a total of 12,137 hotels, with a net increase of 452 hotels from the previous quarter [2][5] Brand Performance - The HanTing brand launched a new 4.0 version in Q2, while the Juzi Hotel surpassed 1,000 openings, indicating a successful strategy in the competitive mid-range hotel market [7] - The Intercity brand saw a 57.1% year-on-year increase in operating and upcoming hotels, with a RevPAR of 370 RMB [7][8] Membership and Revenue Expectations - As of the end of Q2, the company had 288 million members, a 17.5% year-on-year increase, with a 28.8% rise in member booking nights [8] - The company anticipates Q3 2025 revenue growth between 2% to 6%, with management and franchise income expected to grow by 20% to 24% [9] Market Outlook - Despite a prosperous summer travel market, the company predicts a decline in RevPAR for Q3 due to extreme weather and macroeconomic uncertainties, although the decline is expected to be less severe than in Q2 [9] - The company remains optimistic about long-term growth in the Chinese tourism and hotel industry, despite short-term challenges [8][9]

Core Viewpoint - Huazhu Group reported a 4.5% year-on-year revenue growth in Q2 2025, reaching 6.4 billion RMB, with a net profit increase of 36.4% year-on-year to 1.5 billion RMB, indicating strong financial performance despite challenges in the hotel market [1] Financial Performance - In Q2 2025, Huazhu's revenue was 6.4 billion RMB, net profit was 1.5 billion RMB, and hotel operating revenue reached 26.9 billion RMB, reflecting a 15% year-on-year growth [1] - The company had 12,137 operating hotels as of June 30, 2025, with a net increase of 452 hotels from the previous quarter [1] Operational Metrics - Key operational metrics showed a continued decline year-on-year: Average Daily Rate (ADR) decreased by 2% to 290 RMB, occupancy rate (OCC) fell from 82.6% to 81%, and Revenue per Available Room (RevPAR) dropped by 3.7% to 235 RMB [2] - However, these metrics improved compared to Q1 2025, recovering to 98.1%, 98.4%, and 96.2% respectively [2] Expansion Strategy - In Q2 2025, Huazhu opened 595 new hotels, a slowdown compared to Q1, with economy and midscale hotels making up 44% and 42% of new openings, respectively [3] - The company’s strategy focuses on expanding into untapped markets, with a total of 1,416 cities covered by operating and upcoming hotels, an increase of 88 cities year-on-year [3] Brand Performance - The launch of the new 4.0 version of Hanting Hotels and the opening of over 1,000 Orange Hotels highlight Huazhu's efforts to differentiate in the competitive midscale market [5] - The mid-to-high-end brand, Intercity, saw a 57.1% year-on-year increase in operating and upcoming hotels, with a RevPAR of 370 RMB [5] Future Outlook - Huazhu aims to open a total of 2,300 hotels in 2025, with a focus on maintaining a stable and healthy opening pace despite macroeconomic uncertainties [5] - The company anticipates Q3 2025 revenue growth between 2% to 6%, with management and franchise income expected to rise by 20% to 24% year-on-year [6] - Despite a predicted decline in RevPAR for Q3 due to external factors, the decrease is expected to be less severe than in Q2 [6]

Core Insights - H World Group Limited reported a strong second-quarter performance for 2025, with a 22.8% year-on-year increase in asset-light revenues, driven by hotel GMV growth, loyalty engagement, and network expansion [1][2][3] Financial Performance - Hotel turnover increased by 15.0% year-on-year to RMB 26.9 billion in Q2 2025, while total adjusted EBITDA rose 11.3% year-on-year to RMB 2.3 billion [2] - Manachise and franchise gross operating profit reached RMB 1.9 billion in Q2 2025, a 23.2% increase from the previous year, accounting for 64% of total gross operating profit [3] Strategic Developments - The company opened 595 hotels in Q2 2025, on track to meet its target of 2,300 gross openings for the full year [4] - H World Group operates a total of 12,137 hotels or 1,184,915 hotel rooms globally as of June 30, 2025 [4] Brand Performance - Hanting Hotel ranked No. 1 in HOTELS Magazine's "World's Top 50 Hotel Brands" list, with 4,401 hotels or 378,569 rooms in operation [5] - The Group's presence in the upper-midscale market increased, with over 1,500 hotels in operation, and InterCity Hotel saw a 57.1% year-on-year performance increase [6] Customer Engagement - Customer loyalty strengthened, with membership reaching 288 million as of June 30, and direct bookings through H World CRS accounted for 65.1% of total reservations, a 5.2 percentage point increase from the prior year [7] Growth Outlook - H World has a total of 2,947 hotels in the development pipeline globally and remains optimistic about long-term growth in China's travel and hospitality industry [8] Shareholder Returns - The Board of Directors declared a cash dividend of approximately US$250 million for the first half of 2025, amounting to US$0.081 per ordinary share [9]

Core Insights - Huazhu Group reported a strong financial performance for Q2 2025, with hotel revenue reaching 26.9 billion yuan, a year-on-year increase of 15% [1] - The group’s total revenue was 6.4 billion yuan, up 4.5% year-on-year, while adjusted net profit rose to 1.35 billion yuan, reflecting a 7.6% increase [1] - The company continues to expand its hotel network, with a total of 12,137 operating hotels, an 18% increase year-on-year [1] Financial Performance - Hotel revenue for Q2 2025 was 26.9 billion yuan, a 15% increase from the previous year [1] - Total revenue reached 6.4 billion yuan, marking a 4.5% year-on-year growth [1] - Adjusted net profit was 1.35 billion yuan, up 7.6% year-on-year, and adjusted EBITDA was 2.3 billion yuan, reflecting an 11.3% increase [1] Operational Metrics - The average daily rate (ADR) was 290 yuan, with an occupancy rate (OCC) of 81% and revenue per available room (RevPAR) of 235 yuan, all showing recovery compared to the previous quarter [3] - The number of new hotel openings in Q2 was 595, with a focus on economy and mid-range hotels, which accounted for 44% and 42% of new openings, respectively [3] - The total number of operating and upcoming hotels reached 12,016 and 2,925, respectively, covering 1,416 cities [3] Strategic Initiatives - Huazhu launched the new Hanting 4.0 version, aimed at providing affordable and comfortable accommodation while ensuring a stable profit model for investors [4] - The company’s mid-range brand, Orange Hotel, has surpassed 1,000 openings, achieving a 12-fold growth in 8 years, indicating a successful differentiation strategy in the competitive market [5] - The Intercity Hotel brand is expanding rapidly, with a 57.1% year-on-year increase in operating and upcoming hotels, and a RevPAR of 370 yuan [7] Membership and Customer Engagement - The membership program, Huazhu Club, reached 288 million members, a 17.5% increase year-on-year, with a significant rise in direct bookings [8] - The company introduced a price guarantee policy to enhance consumer trust and increase member retention [8] - Continuous optimization of the supply chain is being implemented to ensure better quality and lower costs for franchisees [8]

北京商报讯(记者吴其芸)8月20日，华住集团发布2025年二季度财务业绩，报告期内，华住集团酒店营 业额269亿元，同比增长15%；收入64亿元，同比增长4.5%；经调整净利润13.5亿元，同比增长7.6%； 经调整EBITDA(息税折旧及摊销前利润)23亿元，同比增长11.3%。 财报显示，截至2025年二季度末，华住集团在营酒店总数达12137家，同比增长18%；在营客房总数 1184915间，同比增加18.3%。报告期内，集团新开业酒店597家，待开业酒店2947家，期末运营中及待 开业酒店合计覆盖城市达1522个。 聚焦华住中国业绩，财报显示，2025年二季度，在市场供给增加的压力下，华住中国的日均房价 (ADR)、入住率(OCC)和平均可出租客房收入(RevPAR)分别为290元、81%和235元，均较上季度有所回 升，并分别恢复至2024年同期的98.1%、98.4%和96.2%。同时，华住中国新开业门店数量为595家，其 中经济型酒店和中档酒店占比分别达44%、42%。期末，华住中国运营中及待开业酒店合计覆盖城市达 到1416个，较上年同期增加88个。 ...