HTHT Stock Recent News

I am positive on H World Group driven by robust domestic travel demand in China, evidenced by strong flight volume recovery and hotel occupancy rates. HTHT's strategic growth initiatives, including brand upgrades and B2B sales expansion, position it well to capture increasing demand in the travel and leisure sector. Valuation is attractive, with HTHT trading near its 5-year low despite a positive growth outlook and potential for multiples rerating upwards.

HTHT has guided for a modest +3.5% YoY top-line expansion and a mid-single-digit percentage decrease in its RevPAR for Q3 2024. H World's potential forward mid-single-digit percentage shareholder yield is reasonably good. A Hold rating for H World is left unchanged, taking into account its weak short-term financial prospects and decent shareholder yield.

H World Group Limited (NASDAQ:HTHT ) Q2 2024 Earnings Conference Call August 20, 2024 9:00 PM ET Company Participants Jason Chen - Investor Relations Director Jin Hui - Chief Executive Officer Zou Jun - Executive Vice President & Chief Financial Officer Conference Call Participants Roland Leung - Bank of America Dan Xu - Morgan Stanley Simon Cheung - Goldman Sachs Operator Good day and thank you for standing by. Welcome to H World Second Quarter 2024 Earnings Conference Call.

H World Group (HTHT) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.43 per share a year ago.

Revenue Growth, Enhanced Profitability, and Milestone Reached in Hotel Network HONG KONG , Aug. 20, 2024 /PRNewswire/ -- H World Group Limited ("H World" or "the Group", NASDAQ: HTHT and HKEX: 1179.HK) announced its unaudited financial results for the second quarter ("Q2 2024") and interim period ended June 30, 2024. In the first half of the year, revenue increased by 14.1% year-over-year, with second quarter revenue growth slightly exceeding the upper limit of guidance.

SINGAPORE and SHANGHAI, Aug. 20, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, the “Company”, “we” or “our”), a key player in the global hotel industry, today announced its unaudited financial results for the second quarter and the first half ended June 30, 2024.

H World Group (HTHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SINGAPORE and SHANGHAI, Aug. 05, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the second quarter and interim of 2024 on Tuesday, August 20, 2024 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market.

SINGAPORE and SHANGHAI, China, July 23, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a leading and fast-growing hotel group, today announced that, in order to enhance shareholder value, its board of directors (the “Board”) has approved a three-year shareholder return plan with an aggregate amount of distributions that may be made to the Company's shareholders of up to US$2,000,000,000, effective from July 23, 2024 (the “Shareholder Return Plan”). Under the Shareholder Return Plan, the Board has the sole discretion to: (i) declare and distribute ordinary dividends semi-annually, the aggregate amount of which for each financial year shall be no less than 60% of the Company's net income in such financial year (the “Amended Dividend Policy”), and (ii) declare and distribute, from time to time, special dividends and/or make repurchases of American depositary shares (“ADS”) pursuant to the Share Repurchase

SHANGHAI, July 02, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, today announced that (i) Mr. Shangzhi Zhang will step down as a director of the board of directors of the Company (the “Board”) and serve as an observer of the Board, effective from July 2, 2024, and (ii) Ms. Jie Zheng, a senior advisor of the Company and a supervisory board member of Steigenberger Hotels GmbH, a subsidiary of the Company, will serve as an executive director of the Board, effective from the same date.