H World Group Limited Schedules Third Quarter of 2024 Earnings Release on November 26, 2024

Core Viewpoint - H World Group Limited, a significant player in the global hotel industry, is set to release its unaudited financial results for Q3 2024 on November 26, 2024, after market hours in Hong Kong and before the U.S. market opens [1]. Company Overview - H World Group Limited operates 10,286 hotels with a total of 1,001,865 rooms across 18 countries as of June 30, 2024 [5]. - The company’s hotel brands include Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon, and Song Hotels [5]. - H World holds master franchise rights for Mercure, Ibis, and Ibis Styles, along with co-development rights for Grand Mercure and Novotel in the pan-China region [5]. Business Model - H World employs a mixed business model that includes leased and owned, manachised, and franchised hotels [5]. - As of June 30, 2024, 10% of hotel rooms were operated under the lease and ownership model, while 90% were under the manachise and franchise model [5].