HTHT on Nasdaq

H World Group Limited

Chinese hotel management company

H World Group Limited (simplified Chinese: 华住酒店集团; traditional Chinese: 華住酒店集團; pinyin: Huázhù Jiǔdiàn Jítuán), formerly Huazhu Hotels Group in English, is a hotel management company in China. In 2010, H World Group was listed on Nasdaq; in September 2020, H World Group achieved a secondary listing on the Main Board of the Hong Kong Stock Exchange.³ From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

$3.6BRevenue, fiscal 2025⁵

$726.0MNet income, fiscal 2025⁵

2005Founded¹

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TickerHTHT on Nasdaq¹
Industryhospitality industry, hotel manager¹
HeadquartersShanghai¹
Websitewww.huazhu.com
Incorporated inCayman Islands⁶
Business addressNo. 1299 Fenghua Road, Jiading District, Shanghai, F4 00000⁶
Filer categoryLarge accelerated filer⁶
Legal formcompany limited by shares⁴
LEI549300Y5ML31FVN83730⁴
StatusActive⁴
LEI statusIssued and current⁴
Registered addressPO Box 2681 Cricket Square Hutchins Drive, KY1-1111 George Town, Cayman Islands⁴
Registered withGeneral Registry, CT-179930⁴

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

26.9%Operating margin⁵

20.1%Net margin⁵

10.5%Revenue growth, 2025⁵

39.7%Return on equity⁵

0.04×Debt to equity⁵

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Room Revenues brought in 53% of the revenue H World Group Limited broke down this way in fiscal 2025.

Room Revenues11.0B CNY⁵53%down 7% from 2024
On Going Management And Service Fees4.0B CNY⁵19%up 20% from 2024
Reimbursements For Hotel Manager Fees2.2B CNY⁵11%up 24% from 2024
Food And Beverage Revenues1.3B CNY⁵6%down 2% from 2024
Other Fees1.1B CNY⁵5%up 9% from 2024
Other Leased And Owned Hotels Revenues622.0M CNY⁵3%down 11% from 2024
Loyalty Program411.0M CNY⁵2%up 22% from 2024
Initial One Time Franchise Fee181.0M CNY⁵1%up 32% from 2024

Products and services by year

Products and services	2023	2024	2025
Room Revenues	11.8B CNY	11.8B CNY	11.0B CNY
On Going Management And Service Fees	2.8B CNY	3.3B CNY	4.0B CNY
Reimbursements For Hotel Manager Fees	1.4B CNY	1.8B CNY	2.2B CNY
Food And Beverage Revenues	1.3B CNY	1.3B CNY	1.3B CNY
Other Fees	767.0M CNY	985.0M CNY	1.1B CNY
Other Leased And Owned Hotels Revenues	674.0M CNY	695.0M CNY	622.0M CNY
Loyalty Program	288.0M CNY	338.0M CNY	411.0M CNY
Initial One Time Franchise Fee	114.0M CNY	137.0M CNY	181.0M CNY

Business segments

Legacy Huazhu brought in 81% of the revenue H World Group Limited broke down this way in fiscal 2025.

Legacy Huazhu20.5B CNY⁵81%up 8% from 2024
Legacy DH4.8B CNY⁵19%down 2% from 2024

Business segments by year

Business segments	2023	2024	2025
Legacy Huazhu	17.4B CNY	19.0B CNY	20.5B CNY
Legacy DH	4.5B CNY	4.9B CNY	4.8B CNY

Regions

China brought in 81% of the revenue H World Group Limited broke down this way in fiscal 2025.

China20.5B CNY⁵81%up 8% from 2024
Germany3.4B CNY⁵13%down 4% from 2024
Countries Other Than China And Germany1.4B CNY⁵6%up 3% from 2024

Regions by year

Regions	2023	2024	2025
China	17.4B CNY	19.0B CNY	20.5B CNY
Germany	3.3B CNY	3.5B CNY	3.4B CNY
Countries Other Than China And Germany	1.2B CNY	1.4B CNY	1.4B CNY

Where the money goes

Where each dollar of revenue went, fiscal 2025

Other costsProfit

Other costs71¢$2.6B
Income tax9¢$309.0M
Profit20¢$726.0M

Out of $3.6B in revenue.⁵

Where each dollar of operating cash went, fiscal 2025

Dividends paidKept or used elsewhere

Dividends paid47¢$559.0M
Share buybacks9¢$112.0M
Kept or used elsewhere44¢$527.0M

Out of $1.2B of cash from operations.⁵

Financial statements

Revenue⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$3.6B in 2025+147% since 2018

Operating income⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$975.0M in 2025+186% since 2018

Net income⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$726.0M in 2025+598% since 2018

Every line of the income statement as filed: the last 3 fiscal years, latest first.⁵

Period ending	2025-12-31	2024-12-31	2023-12-31
Total revenues	25.3B CNY	23.9B CNY	21.9B CNY
Hotel operating costs	15.3B CNY	15.3B CNY	14.3B CNY
Other operating costs	61.0M CNY	31.0M CNY	34.0M CNY
Selling and marketing expenses	1.3B CNY	1.2B CNY	1.1B CNY
General and administrative expenses	2.3B CNY	2.5B CNY	2.1B CNY
Pre-opening expenses	41.0M CNY	50.0M CNY	35.0M CNY
Total operating costs and expenses	19.0B CNY	19.1B CNY	17.6B CNY
Goodwill impairment loss	0 CNY	0 CNY	4.0M CNY
Other operating income, net	485.0M CNY	359.0M CNY	404.0M CNY
Income from operations	6.8B CNY	5.2B CNY	4.7B CNY
Interest income	223.0M CNY	210.0M CNY	248.0M CNY
Interest expense	337.0M CNY	318.0M CNY	385.0M CNY
Other income, net	38.0M CNY	51.0M CNY	573.0M CNY
Gain (loss) from fair value changes of equity securities, net	-10.0M CNY	-66.0M CNY	109.0M CNY
Foreign exchange gain (loss), net	569.0M CNY	-272.0M CNY	90.0M CNY
Income before income taxes	7.3B CNY	4.8B CNY	5.3B CNY
Income tax expense	2.2B CNY	1.7B CNY	1.2B CNY
Loss from equity method investments	-26.0M CNY	-41.0M CNY	-14.0M CNY
Net income	5.1B CNY	3.1B CNY	4.1B CNY
Less: net income attributable to noncontrolling interest	35.0M CNY	54.0M CNY	46.0M CNY
Net income attributable to H World Group Limited	5.1B CNY	3.0B CNY	4.1B CNY
(Loss) gain arising from defined benefit plan, net of tax of RMB(3), RMB0 and RMB2 for the year ended 2023, 2024 and 2025, respectively	9.0M CNY	6.0M CNY	-9.0M CNY
Loss from fair value changes of debt securities, net of tax of RMB3, RMB13 and RMB3 for 2023, 2024 and 2025, respectively	-8.0M CNY	-38.0M CNY	-12.0M CNY
Foreign currency translation adjustments, net of tax of nil for the years ended 2023, 2024 and 2025, respectively	-184.0M CNY	28.0M CNY	175.0M CNY
Comprehensive income	4.9B CNY	3.1B CNY	4.3B CNY
Less: comprehensive income attributable to the noncontrolling interest	35.0M CNY	54.0M CNY	46.0M CNY
Comprehensive income attributable to H World Group Limited	4.9B CNY	3.0B CNY	4.2B CNY
Basic	1.65 CNY	0.98 CNY	1.28 CNY
Diluted	1.60 CNY	0.96 CNY	1.25 CNY
Basic (in shares)	3.1B shares	3.1B shares	3.2B shares
Diluted (in shares)	3.2B shares	3.3B shares	3.4B shares
(Loss) gain arising from defined benefit plan, net of tax	2.0M CNY	0 CNY	-3.0M CNY
Loss from fair value changes of debt securities, net of tax	-3.0M CNY	-13.0M CNY	-3.0M CNY
Foreign currency translation adjustments, net of tax	0 CNY	0 CNY	0 CNY

Total assets⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$9.3B in 2025+165% since 2018

Total liabilities⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$7.4B in 2025+188% since 2018

Shareholders’ equity⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$1.8B in 2025+104% since 2018

Cash⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$1.5B in 2025+140% since 2018

Long-term debt⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$68.0M in 2025−95% since 2018

Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.⁵

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	10.4B CNY	7.5B CNY	6.9B CNY
Restricted cash	146.0M CNY	50.0M CNY	764.0M CNY
Short-term investments, including marketable securities measured at fair value of RMB 81 and RMB 69 as of December 31, 2024 and 2025, respectively	4.9B CNY	3.6B CNY
Accounts receivable, net	723.0M CNY	817.0M CNY
Loan receivables - current, net	87.0M CNY	114.0M CNY
Amounts due from related parties - current, net	272.0M CNY	297.0M CNY
Inventories	57.0M CNY	60.0M CNY
Other current assets, net	870.0M CNY	800.0M CNY
Total current assets	17.4B CNY	13.2B CNY
Property and equipment, net	5.2B CNY	5.7B CNY
Intangible assets, net	5.0B CNY	4.8B CNY
Operating lease right-of-use assets	25.0B CNY	25.0B CNY
Finance lease right-of-use assets	2.4B CNY	2.3B CNY
Land use rights, net	155.0M CNY	174.0M CNY
Long-term investments, including available-for-sale debt securities measured at fair value of RMB230 and RMB175 as of December 31, 2024 and 2025, respectively	1.4B CNY	2.3B CNY
Goodwill	5.4B CNY	5.2B CNY	5.3B CNY
Amounts due from related parties, net	42.0M CNY	51.0M CNY
Loan receivables, net	132.0M CNY	190.0M CNY
Other assets, net	752.0M CNY	668.0M CNY
Deferred income tax assets	1.2B CNY	1.1B CNY
Assets held for sale	669.0M CNY	1.9B CNY
Total assets	64.8B CNY	62.6B CNY
Short-term debt and current portion of long-term debt	5.3B CNY	880.0M CNY
Accounts payable	1.0B CNY	983.0M CNY
Amounts due to related parties	129.0M CNY	74.0M CNY
Salary and welfare payables	1.2B CNY	1.2B CNY
Deferred revenue	1.8B CNY	1.8B CNY
Operating lease liabilities, current	3.5B CNY	3.5B CNY
Finance lease liabilities, current	59.0M CNY	50.0M CNY
Accrued expenses and other current liabilities	4.9B CNY	4.0B CNY
Income tax payable	1.2B CNY	813.0M CNY
Total current liabilities	19.1B CNY	13.3B CNY
Long-term debt	479.0M CNY	4.5B CNY
Operating lease liabilities, non-current	23.7B CNY	23.6B CNY
Finance lease liabilities, non-current	3.1B CNY	2.8B CNY
Deferred revenue	1.6B CNY	1.4B CNY
Other long-term liabilities	1.9B CNY	1.5B CNY
Retirement benefit obligations	109.0M CNY	111.0M CNY
Deferred income tax liabilities	1.2B CNY	919.0M CNY
Liabilities held for sale	671.0M CNY	2.1B CNY
Total liabilities	51.8B CNY	50.3B CNY
Ordinary shares (US$0.00001 par value per share; 80,000,000,000 shares authorized; 3,105,094,690 and 3,098,323,810 shares issued as of December 31, 2024 and 2025, and 3,083,916,600 and 3,071,525,690 shares outstanding as of December 31, 2024 and 2025, respectively)	0 CNY	0 CNY
Treasury shares (21,178,090 and 26,798,120 shares as of December 31, 2024 and 2025, respectively)	-662.0M CNY	-274.0M CNY
Additional paid-in capital	9.7B CNY	9.6B CNY
Retained earnings	3.6B CNY	2.4B CNY
Accumulated other comprehensive income	199.0M CNY	382.0M CNY
Total H World Group Limited shareholders' equity	12.8B CNY	12.2B CNY
Noncontrolling interest	154.0M CNY	94.0M CNY
Total equity	13.0B CNY	12.3B CNY	12.2B CNY	8.8B CNY
Total liabilities and equity	64.8B CNY	62.6B CNY
Marketable securities measured at fair value	69.0M CNY	81.0M CNY
Available-for-sale debt securities measured at fair value	175.0M CNY	230.0M CNY
Ordinary shares, par value (in dollars per share)	$0.00	$0.00
Ordinary shares, shares authorized	80.0B shares	80.0B shares
Ordinary shares, shares issued	3.1B shares	3.1B shares
Ordinary shares, shares outstanding	3.1B shares	3.1B shares
Treasury shares, shares	26.8M shares	21.2M shares

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	10.4B CNY	7.5B CNY	6.9B CNY
Restricted cash	146.0M CNY	50.0M CNY	764.0M CNY
Short-term investments, including marketable securities measured at fair value of RMB 81 and RMB 69 as of December 31, 2024 and 2025, respectively	4.9B CNY	3.6B CNY
Accounts receivable, net	723.0M CNY	817.0M CNY
Loan receivables - current, net	87.0M CNY	114.0M CNY
Amounts due from related parties - current, net	272.0M CNY	297.0M CNY
Inventories	57.0M CNY	60.0M CNY
Other current assets, net	870.0M CNY	800.0M CNY
Total current assets	17.4B CNY	13.2B CNY
Property and equipment, net	5.2B CNY	5.7B CNY
Intangible assets, net	5.0B CNY	4.8B CNY
Operating lease right-of-use assets	25.0B CNY	25.0B CNY
Finance lease right-of-use assets	2.4B CNY	2.3B CNY
Land use rights, net	155.0M CNY	174.0M CNY
Long-term investments, including available-for-sale debt securities measured at fair value of RMB230 and RMB175 as of December 31, 2024 and 2025, respectively	1.4B CNY	2.3B CNY
Goodwill	5.4B CNY	5.2B CNY	5.3B CNY
Amounts due from related parties, net	42.0M CNY	51.0M CNY
Loan receivables, net	132.0M CNY	190.0M CNY
Other assets, net	752.0M CNY	668.0M CNY
Deferred income tax assets	1.2B CNY	1.1B CNY
Assets held for sale	669.0M CNY	1.9B CNY
Total assets	64.8B CNY	62.6B CNY
Short-term debt and current portion of long-term debt	5.3B CNY	880.0M CNY
Accounts payable	1.0B CNY	983.0M CNY
Amounts due to related parties	129.0M CNY	74.0M CNY
Salary and welfare payables	1.2B CNY	1.2B CNY
Deferred revenue	1.8B CNY	1.8B CNY
Operating lease liabilities, current	3.5B CNY	3.5B CNY
Finance lease liabilities, current	59.0M CNY	50.0M CNY
Accrued expenses and other current liabilities	4.9B CNY	4.0B CNY
Income tax payable	1.2B CNY	813.0M CNY
Total current liabilities	19.1B CNY	13.3B CNY
Long-term debt	479.0M CNY	4.5B CNY
Operating lease liabilities, non-current	23.7B CNY	23.6B CNY
Finance lease liabilities, non-current	3.1B CNY	2.8B CNY
Deferred revenue	1.6B CNY	1.4B CNY
Other long-term liabilities	1.9B CNY	1.5B CNY
Retirement benefit obligations	109.0M CNY	111.0M CNY
Deferred income tax liabilities	1.2B CNY	919.0M CNY
Liabilities held for sale	671.0M CNY	2.1B CNY
Total liabilities	51.8B CNY	50.3B CNY
Ordinary shares (US$0.00001 par value per share; 80,000,000,000 shares authorized; 3,105,094,690 and 3,098,323,810 shares issued as of December 31, 2024 and 2025, and 3,083,916,600 and 3,071,525,690 shares outstanding as of December 31, 2024 and 2025, respectively)	0 CNY	0 CNY
Treasury shares (21,178,090 and 26,798,120 shares as of December 31, 2024 and 2025, respectively)	-662.0M CNY	-274.0M CNY
Additional paid-in capital	9.7B CNY	9.6B CNY
Retained earnings	3.6B CNY	2.4B CNY
Accumulated other comprehensive income	199.0M CNY	382.0M CNY
Total H World Group Limited shareholders' equity	12.8B CNY	12.2B CNY
Noncontrolling interest	154.0M CNY	94.0M CNY
Total equity	13.0B CNY	12.3B CNY	12.2B CNY	8.8B CNY
Total liabilities and equity	64.8B CNY	62.6B CNY
Marketable securities measured at fair value	69.0M CNY	81.0M CNY
Available-for-sale debt securities measured at fair value	175.0M CNY	230.0M CNY
Ordinary shares, par value (in dollars per share)	$0.00	$0.00
Ordinary shares, shares authorized	80.0B shares	80.0B shares
Ordinary shares, shares issued	3.1B shares	3.1B shares
Ordinary shares, shares outstanding	3.1B shares	3.1B shares
Treasury shares, shares	26.8M shares	21.2M shares

Cash from operations⁹¹⁰¹¹¹²¹³¹⁴¹⁵⁵$1.2B in 2025+170% since 2018

Dividends paid¹⁰¹¹¹³¹⁵⁵$559.0M in 2025+488% since 2019

Share buybacks¹²¹³¹⁴¹⁵⁵$112.0M in 2025

Every line of the cash flow as filed: the last 3 fiscal years, latest first.⁵

Period ending	2025-12-31	2024-12-31	2023-12-31
Net income	5.1B CNY	3.1B CNY	4.1B CNY
Share-based compensation	420.0M CNY	322.0M CNY	143.0M CNY
Depreciation and amortization	1.3B CNY	1.3B CNY	1.4B CNY
Amortization of issuance cost of convertible senior notes and upfront fee on bank borrowings		5.0M CNY	34.0M CNY
Deferred income taxes	147.0M CNY	113.0M CNY	29.0M CNY
Credit loss	-18.0M CNY	3.0M CNY	89.0M CNY
Impairment loss	242.0M CNY	537.0M CNY	516.0M CNY
Loss from equity method investments, net of dividends	81.0M CNY	97.0M CNY	72.0M CNY
Foreign currency exchange (gain) loss	-566.0M CNY	263.0M CNY	-119.0M CNY
Investment income	-98.0M CNY	-13.0M CNY	-806.0M CNY
Noncash lease expense	2.2B CNY	2.3B CNY	2.2B CNY
Others	-131.0M CNY	23.0M CNY	48.0M CNY
Accounts receivable	117.0M CNY	-95.0M CNY	296.0M CNY
Salary and welfare payables	-38.0M CNY	121.0M CNY	402.0M CNY
Deferred revenue	231.0M CNY	467.0M CNY	576.0M CNY
Accrued expenses and other current liabilities	936.0M CNY	752.0M CNY	1.1B CNY
Operating lease liabilities	-2.4B CNY	-2.5B CNY	-2.5B CNY
Income tax payable	378.0M CNY	251.0M CNY	62.0M CNY
Other long-term liabilities	435.0M CNY	382.0M CNY	84.0M CNY
Others, net	21.0M CNY	9.0M CNY	-45.0M CNY
Net cash provided by operating activities	8.4B CNY	7.5B CNY	7.7B CNY
Purchases of property and equipment	-828.0M CNY	-883.0M CNY	-894.0M CNY
Purchases of intangible asset	-10.0M CNY	-15.0M CNY	-7.0M CNY
Purchases of investments	-8.1B CNY	-4.0B CNY	-3.5B CNY
Proceeds from maturity/sale and return of investments	7.8B CNY	2.6B CNY	3.0B CNY
Origination of loan receivables	-69.0M CNY	-178.0M CNY	-226.0M CNY
Collection of loan receivables	153.0M CNY	217.0M CNY	137.0M CNY
Other investing activities	69.0M CNY	74.0M CNY	50.0M CNY
Net cash used in investing activities	-1.0B CNY	-2.2B CNY	-1.5B CNY
Proceeds from issuance of ordinary shares			2.0B CNY
Net proceeds from issuance of ordinary shares upon exercise of options	38.0M CNY
Payment of repurchases of ordinary shares	-783.0M CNY	-1.2B CNY	-848.0M CNY
Proceeds from short-term debt	3.6B CNY	77.0M CNY	745.0M CNY
Repayment of short-term debt	-2.3B CNY	-367.0M CNY	-3.4B CNY
Proceeds from long-term debt		490.0M CNY	350.0M CNY
Repayment of long-term debt	-850.0M CNY	-140.0M CNY	-2.3B CNY
Proceeds from long-term finance liabilities	28.0M CNY	72.0M CNY	74.0M CNY
Repayment of long-term finance liabilities	-66.0M CNY	-73.0M CNY	-66.0M CNY
Dividends paid	-3.9B CNY	-3.5B CNY
Principal payments of finance lease	-57.0M CNY	-65.0M CNY	-82.0M CNY
Purchase of prepaid put option		-710.0M CNY
Other financing activities	-32.0M CNY	-136.0M CNY	-94.0M CNY
Net cash used in financing activities	-4.3B CNY	-5.5B CNY	-3.7B CNY
Effect of exchange rate changes on cash and cash equivalents, and restricted cash	-30.0M CNY	30.0M CNY	164.0M CNY
Net increase (decrease) in cash, cash equivalents and restricted cash, including cash and cash equivalents classified within assets held for sale	3.0B CNY	-195.0M CNY	2.6B CNY
Less: net increase (decrease) in cash and cash equivalents classified within assets held for sale	-7.0M CNY	-9.0M CNY	17.0M CNY
Interest paid, net of amounts capitalized	169.0M CNY	166.0M CNY	263.0M CNY
Income taxes paid	1.6B CNY	1.3B CNY	1.1B CNY
Purchases of property and equipment included in payables	336.0M CNY	437.0M CNY	477.0M CNY

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The story

In August 2005, the first HanTing Hotel was built. The first hotel of the group was opened by Kunshan Railway Station for a trial operation in August 2005. Ji Qi (Chinese: 季琦; pinyin: Jì Qí), the founder, stated that he got the idea to start the chain by reading a book discussing Accor.

In January 2010, the first JI Hotel was built. In March 2010, HanTing Hotel Group, Inc. went public on the New York Stock Exchange. In November 2012, the group's Chinese name was renamed to Huazhu Hotels Group.

In December 2014, signed a long-term strategic alliance agreement with Accor in France, which was finalized in January 2016. In May 2015, former president Jenny Zhang was appointed chief executive officer. In February 2017, the company wholly acquired Orange Crystal Hotel Group, which owns the brands Orange Crystal Hotel and Orange Hotel. In April 2017, the company opened the first Manxin Hotel.

In August 2018, Huazhu Hotels Group announced the completion of its strategic acquisition of the Chinese boutique resort hotel brand, Blossom. In October 2019, the first overseas directly managed shop of JI Hotel was officially opened in Singapore's historic Orchard Road shopping district, as the first overseas hotel of Huazhu Hotels Group. In November 2019, the company announced that one of their subsidiaries purchased Deutsche Hospitality for 700 million euros.

In January 2020, the company completed the acquisition of all equity interest in Deutsche Hospitality, whose hotel brands include Steigenberger, Steigenberger Icons, MAXX by Steigenberger, IntercityHotel and Zleep Hotels. In September 2020, the company achieved a secondary listing on the Main Board of the Hong Kong Stock Exchange under the ticker symbol 1179.HK.

In March 2021, Huazhu and Sunac Cultural and Tourism established a joint venture - Yongle Huazhu Hotel Management Company Limited - to jointly develop the high-end hotel business. In September 2022, the company changed its name to H World Group Limited, or H World.

From Wikipedia’s article on H World Group Limited, shared under CC BY-SA 4.0.⁷

Leadership

Who has led H World Group Limited, and when. Pick a name to see everywhere that person has worked.

Chief executive

Hui Jin2026–now

Chief financial officer

Arthur Yu2026–now

2010201520202025

Chief executive officerHui Jin Mar 17, 2026 to now¹⁶
Chief financial officerArthur Yu Mar 18, 2026 to now¹⁷

Board members and other officers (4)

Board memberTheng Fong Hee Mar 13, 2026 to now¹⁸
Board memberJustin Martin Leverenz Mar 16, 2026 to now¹⁹
Board memberQi Ji Mar 16, 2026 to now²⁰
Board memberYanjun Sun Jul 30, 2026 to now²¹

Subsidiaries and ownership

Subsidiaries

H World International

From Wikidata.¹

Former names

Huazhu Group LtdJun 11, 2018 to Jun 24, 2022⁶
Huazhu Group LimitedJun 1, 2018 to Jun 2022¹
China Lodging Group, LtdMar 5, 2010 to May 24, 2018⁶
China Lodging Group, Limiteduntil Jun 1, 2018¹

Timeline

Mar 17, 2026New chief executive Hui Jin becomes CEO¹⁶
Jun 2022Renamed Name changed to H World Group Limited¹
Mar 26, 2010Went public Listed on NASDAQ¹
2005Founded Founded¹

Filings

170 filings to the SEC since October 2021: 5 annual reports, 23 insider forms, 15 large holders, 127 other. The latest 20:

The 170 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Mar 20, 2026	Hee Theng FongDirector	Sale	31,640	$50.96	$1.6M	Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

JPMorgan ChaseSCHEDULE 13G, 3 filings Oct 10, 2024 to Oct 13, 2026²²
InvescoSCHEDULE 13G/A, 6 filings Feb 11, 2022 to Feb 12, 2026²³
Qi JiSCHEDULE 13D/A, 1 filing Oct 20, 2025²⁴
Tong Tong ZhaoSCHEDULE 13D/A, 1 filing Oct 20, 2025²⁵
Credit Suisse Trust LtdSC 13D/A, 1 filing Jul 6, 2023²⁶
PRICE T ROWE ASSOCIATES INC /MD/SC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 2023²⁷
Wellington Management CompanySC 13G/A, 1 filing Feb 4, 2022²⁸

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
Schroder Investment Management Group	14,941,321	$623.4M	0.4%	+5,840,094
Jpmorgan Chase & Co	12,210,093	$528.3M	0.0%	+593,432
Capital International Investors	12,469,022	$520.2M	0.1%	+268,275
Invesco Ltd.	10,158,882	$423.8M	0.0%	+1,393,586
Mitsubishi UFJ Trust & Banking Corp	9,123,560	$380.6M	0.8%	+393,359
BlackRock, Inc.	8,947,874	$373.3M	0.0%	−377,532
M&g PLC	6,091,469	$255.8M	1.3%	+1,414,179
Fmr LLC	4,513,192	$188.3M	0.0%	−1,626,312
Perseverance Asset Management International	4,035,321	$168.4M	17.2%	+153,285
Kontiki Capital Management (HK) Ltd.	3,774,658	$157.5M	10.3%	+239,270
State Street Corp	3,524,935	$147.1M	0.0%	+26,505
Goldman Sachs Group Inc	3,459,226	$144.3M	0.0%	−1,498,218
Artisan Partners Limited Partnership	3,399,365	$141.8M	0.2%	+1,779,587
Alliancebernstein L.P.	2,463,581	$123.9M	0.0%	+1,056,072
Morgan Stanley	2,353,483	$98.2M	0.0%	−467,543
Temasek Holdings (Private) Ltd	2,309,215	$96.3M	0.3%	+98,824
UBS Group AG	2,261,597	$94.4M	0.0%	+1,055,032
Capital Research Global Investors	1,693,555	$70.7M	0.0%	+687,537
Northern Trust Corp	1,485,250	$62.0M	0.0%	+444,801
Lazard Asset Management LLC	1,334,018	$55.7M	0.1%	+594,881
Citigroup Inc	1,306,935	$54.5M	0.0%	+253,399
Geode Capital Management, LLC	1,265,578	$52.4M	0.0%	−29,397
Capital International, Inc./CA/	1,231,476	$51.4M	0.4%	+30,229
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	1,216,507	$50.8M	0.0%	+1,214,004
Generation Investment Management Llp	1,151,118	$48.0M	0.5%	+78,339

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataH World Group Limited on Wikidata
2
SEC EDGARH World Group Limited filings on SEC EDGAR
3
WikipediaH World Group Limited on Wikipedia
4
GLEIFH World Group Limited LEI record (549300Y5ML31FVN83730)
5
SEC EDGARH World Group Limited 10-K for fiscal 2025
6
SEC EDGARH World Group Limited filings on SEC EDGAR
7
WikipediaH World Group Limited on Wikipedia (revision used)
8
Wikimedia CommonsH World Group Limited photo by WhisperToMe, CC0
9
SEC EDGARH World Group Limited 10-K for fiscal 2018
10
SEC EDGARH World Group Limited 10-K for fiscal 2019
11
SEC EDGARH World Group Limited 10-K for fiscal 2020
12
SEC EDGARH World Group Limited 10-K for fiscal 2021
13
SEC EDGARH World Group Limited 10-K for fiscal 2022
14
SEC EDGARH World Group Limited 10-K for fiscal 2023
15
SEC EDGARH World Group Limited 10-K for fiscal 2024
16
SEC EDGARHui Jin, Chief executive officer
17
SEC EDGARArthur Yu, Chief financial officer
18
SEC EDGARTheng Fong Hee, Board member
19
SEC EDGARJustin Martin Leverenz, Board member
20
SEC EDGARQi Ji, Board member
21
SEC EDGARYanjun Sun, Board member
22
SEC EDGARJPMorgan Chase SCHEDULE 13G on H World Group Limited
23
SEC EDGARInvesco SCHEDULE 13G/A on H World Group Limited
24
SEC EDGARQi Ji SCHEDULE 13D/A on H World Group Limited
25
SEC EDGARTong Tong Zhao SCHEDULE 13D/A on H World Group Limited
26
SEC EDGARCredit Suisse Trust Ltd SC 13D/A on H World Group Limited
27
SEC EDGARPRICE T ROWE ASSOCIATES INC /MD/ SC 13G/A on H World Group Limited
28
SEC EDGARWellington Management Company SC 13G/A on H World Group Limited