华住H World Group Limited (HTHT) 2025年第一季度未经审计财务业绩报告「NASDAQ」（英文版）（11页）.pdf

1、H World Group Limited Reports First Quarter of 2025 Unaudited Financial Results20/05/2025A total of 11,685 hotels or 1,142,158 hotel rooms in operation as of March 31,2025.Hotel turnover1 increased 14.3%year-over-year to RMB22.5 billion in the first quarter of 2025.Excluding SteigenbergerHotels GmbH

2、 and its subsidiaries(“DH”,or“Legacy-DH”),hotel turnover increased 15.3%year-over-year in the firstquarter of 2025.Hotel turnover from the Legacy-DH segment increased 2.9%in the first quarter of 2025.Revenue increased 2.2%year-over-year to RMB5.4 billion(US$744 million)2 in the first quarter of 2025

3、,within the revenueguidance previously announced of a 0%to 4%increase compared to the first quarter of 2024.Manachised and franchisedrevenue increased 21.1%year-over-year to RMB2.5 billion(US$344 million)in the first quarter of 2025,close to the highend of the manachised and franchised revenue guida

4、nce previously announced of an 18%to 22%increase compared tothe first quarter of 2024.Revenue from the Legacy-Huazhu segment in the first quarter of 2025 was RMB4.5 billion,whichincreased 5.5%year-over-year,slightly above the midpoint of the revenue guidance previously announced of a 3%to 7%increase

5、.Revenue from the Legacy-DH segment in the first quarter of 2025 was RMB918 million,which decreased 11.3%year-over-year.Net income attributable to H World Group Limited was RMB894 million(US$123 million)in the first quarter of 2025,compared with RMB659 million in the first quarter of 2024 and RMB49

6、million in the previous quarter.EBITDA(non-GAAP)in the first quarter of 2025 was RMB1.6 billion(US$222 million),compared with RMB1.3 billion in thefirst quarter of 2024 and RMB974 million in the previous quarter.Adjusted EBITDA(non-GAAP),which excluded share-based compensation expenses,gain(loss)fro