H World Group Reports Robust Q2 Results, Driven by Asset-light Strategy

Jin Hui, CEO of H World, says, "Supported by our asset-light strategy, we delivered robust operating profit growth in the second quarter, driven by network expansion, despite a modest year-over-year RevPAR decline. On the development front, we opened another 595 hotels in the quarter, well on track to achieve our 2,300 gross opening target for the full year of 2025." Expanding Scale, Loyalty, and Brand Leadership H World Group, celebrating its 20th anniversary this year, operates a total of 12,137 hotels or ...