What were H World Group’s (NASDAQ:HTHT) total revenues for Q1 2026?

H World Group reported total revenue of RMB6 billion ($835 million) for Q1 2026, an 11.1% increase compared to the same period in 2025. The growth was driven by strong leisure and business travel demand across its multi-brand hospitality network.

How did H World Group’s gross hotel turnover perform in Q1 2026?

Gross hotel turnover climbed 17.4% year-over-year to RMB26.4 billion in Q1 2026. This increase reflects higher occupancy and spending across both domestic and international operations.

What was H World Group’s adjusted EBITDA in Q1 2026?

Adjusted EBITDA reached RMB1.9 billion in Q1 2026, highlighting steady cost control and operational leverage across both legacy domestic operations and international divisions.

How did H World Group’s global hotel network expand in Q1 2026?

H World’s global network grew to 13,215 active hotels by the end of Q1 2026. Expansion was primarily in the mid-scale and economy segments, reinforcing the company’s dominant market position in China through brands like HanTing and JI Hotel.

H World Group revenue climbs as hotel network swells

Q: How did H World Group manage operating efficiency in Q1 2026?

H World maintained strong operating efficiency, benefiting from economies of scale associated with its asset-light franchise strategy. The first-quarter operating margin rose to 24.8%, demonstrating effective cost management.

Written by Jon CuthbertPublished May. 15 2026Last Updated May. 15 2026

H World Group (NASDAQ:HTHT) reported double-digit revenue and turnover growth for the first quarter of 2026, capitalizating on persistent leisure and business travel demand across its sprawling multi-brand hospitality network.

The multi-national hotel operator posted total revenue of RMB6 billion ($835 million) for the three months ended March 31, 2026, representing an 11.1% increase compared to the first quarter of the prior year.

The top-line acceleration was anchored by a sharp surge in gross hotel turnover, which climbed 17.4% year-over-year to RMB26.4 billion.

Operating efficiency remained strong as the group continues to benefit from economies of scale associated with its asset-light franchise strategy.

H World’s first-quarter operating margin rose to 24.8%, while adjusted EBITDA reached RMB1.9 billion, underscoring steady cost management across both its legacy domestic operations and international divisions.

The company continued its aggressive footprint expansion during the first three months of the year.

H World's global hotel network reached a milestone of 13,215 active hotels, heavily supported by new openings in the mid-scale and economy segments, where its core brands—including HanTing and JI Hotel—maintain dominant market positioning in China.