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home / news releases / HTHT - H World Group up 2% after prelim Q1 numbers

HTHT - H World Group up 2% after prelim Q1 numbers

H World Group Limited

2023-04-25 06:44:33 ET

  • H World Group ( NASDAQ: HTHT ) provides prelim Q1 updates :
  • Legacy-Huazhu business shows Q1 RevPAR recovered to 118% of the 2019 level.
  • Breaking down into monthly numbers, our RevPAR in January, February and March 2023 recovered to 96%, 140% and 120% of the 2019 levels, respectively.
  • The strong recovery was primarily due to the pent-up demand in Q1 2023, and largely driven by ADR growth.
  • Steigenberger Hotels GmbH and its subsidiaries continued with promising business recovery. Q1 2023 Blended RevPAR recovered to 94% of the 2019 levels mainly driven by ADR recovery.

For further details see:

H World Group up 2% after prelim Q1 numbers
Stock Information
Company Name: H World Group Limited
Stock Symbol: HTHT
Market: NASDAQ
Website: ir.hworld.com
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