1. HTHT hotels received 6.3 million guests, a 30% increase year-on-year. 2. Overall hotel occupancy exceeded 84%, reflecting strong demand. 3. Major cities saw occupancy rates up to 88%, indicating recovery. 4. International guest stays increased by 75%, driven by visa-free policy. 5. Domestic tourism spending reached 180.27 billion yuan, marked growth.
The significant growth in occupancy and guest numbers suggests strong performance, reminiscent of pre-pandemic levels. Similar hospitality stocks reacted positively during past holiday seasons when domestic travel surged.
The article highlights critical performance metrics directly linked to HTHT's operations, indicating potential stock price increases. The growth in both domestic and international markets is likely to attract investor interest.
Immediate positive effects due to recent holiday performance, but sustained growth will depend on ongoing economic factors. Historical trends show quick impacts from holiday performance but potential long-term volatility.
SHANGHAI, May 7, 2025 /PRNewswire/ -- H World Group Limited (NASDAQ: HTHT) (HK: 01179) announced that during the 2025 May Day holiday, hotels under its brands received nearly 6.3 million guests, representing a 30% increase compared to the same period last year.
According to the statistics from China's Ministry of Culture and Tourism, during the five-day holiday, there were 314 million domestic trips made in China, reflecting a 6.4% year-on-year increase. Total domestic tourism spending reached 180.27 billion yuan, marking an 8.0% year-on-year growth.
H World Group's overall hotel occupancy rate exceeded 84%, a 1% year-on-year increase. Hotels in major cities performed strongly, with occupancy rates reaching 88% in Guangzhou, 87% in Shenzhen, and 85% in Xi'an—representing year-on-year growth of 10%, 14.5%, and 10.4% respectively.
Among second-tier cities, locations like Xuzhou, Changchun, Foshan, Ningbo, Nanchang, Nanning, and Wenzhou reported occupancy rates surpassing 90%, reflecting robust domestic travel demand beyond the largest urban centers.
Smaller third- and fourth-tier cities also attracted increasing numbers of leisure travelers seeking a more relaxed experience. Several cities including Bengbu, Liaoyang, and Pingxiang achieved full occupancy.
This year marked the first May Day holiday since the implementation of China's 240-hour visa-free transit policy, driving a significant increase in inbound tourism. H World recorded over 43,000 international guest stays, a 75% year-on-year increase, indicating growing interest from global travelers.
Originated in China, H World Group Limited (NASDAQ: HTHT) (HK: 01179) is a key player in the global hotel industry. H World's brands include HanTing Hotel, JI Hotel, Crystal Orange Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels and Steigenberger Icons. In addition, H World also has the rights as master franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, in the pan-China region.
For more information, please visit H World's website: https://ir.hworld.com
H World undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
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SOURCE H World Group
