Guan Cha Zhe Wang·2025-08-21 00:43Core 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 total revenue for the group 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 adjusted EBITDA for the quarter was 2.3 billion yuan, marking an 11.3% year-on-year growth [1] Financial Performance - As of June 30, 2025, Huazhu Group achieved total revenue of 11.821 billion yuan, a 3.46% increase year-on-year [1] - Shareholder net profit reached 2.438 billion yuan, up 41.25% year-on-year, with basic earnings per share at 0.79 yuan [1] - The company proposed a cash dividend of 0.081 USD per share for the first half of 2025 [1] Operational Highlights - The total number of operating hotels reached 12,137, an 18% increase year-on-year, with total guest rooms at 1,184,915, up 18.3% [1] - During the reporting period, the company opened 597 new hotels and had 2,947 hotels under development, covering 1,522 cities [1] - Huazhu's CEO emphasized the dual growth in scale and profitability despite market supply pressures, maintaining high occupancy rates [2] Market Metrics - In Q2, Huazhu's average daily rate (ADR) was 290 yuan, occupancy rate (OCC) at 81%, and revenue per available room (RevPAR) at 235 yuan, all showing recovery compared to the previous quarter [2] - The new hotel openings in Q2 included 44% economy hotels and 42% mid-range hotels, with a total of 595 new stores [2] - Huazhu's brand HanTing was ranked first in the "Global TOP 50 Hotel Brands" list by HOTELS magazine, recognized for having the largest room count among listed brands [2]