HTHT - Why Hotel Owner H World Shares Are Falling Premarket Monday | Benzinga
H World Group Ltd (NASDAQ:HTHT) shares are trading lower after the company disclosed fourth quarter FY23 preliminary results for its hotel operations.
Same-hotel RevPAR increased 40.8% Y/Y, same-hotel ADR grew 16.7%, and same-hotel occupancy was up 13.9ppt Y/Y in the fourth quarter.
In the quarter vs. 2019 level, the blended average daily room rate rose 22.5%, blended RevPAR was ...