H World (HTHT) Q1 Earnings Miss, Revenues Surpass Estimates

H World Group Limited (HTHT) delivered mixed first-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same.  The top line grew year over year while the bottom line dwindled.The company’s results reflect solid contributions from its Legacy-Huazhu and Legacy-DH segments, primarily driven by the growth in hotel openings and increased revenue per available room (RevPAR). Furthermore, the effective execution of its Service Excellence-Centric Sustainable Quality Grow ...