H World Group Accelerates Hotel Expansion and Brand Upgrades in Q1 2025, Strengthens Position as Hospitality Leader
1. HTHT opened 538 hotels, totaling 11,685, a 20% annual increase. 2. Revenue from manachised hotels rose 21% year-over-year to RMB 2.5 billion. 3. H Rewards reached 277 million members, with direct bookings at 65% of reservations. 4. Expansion goal is 2,300 new hotel openings for the year, boosting market presence. 5. Rapid growth noted in upper-midscale segment, with a 36% increase in operating hotels.