HTHT

H World Group Limited operates as one of China's largest hotel operators and a leading global hospitality company. Headquartered in Shanghai, the company manages a diverse portfolio of hotels across multiple brands serving various market segments from economy to luxury accommodations. H World operates through three primary segments: Legacy-Huazhu hotels in China, Legacy-DH (Deutsche Hospitality) hotels primarily in Europe, and Steyn, which manages hotels across Singapore, Australia, and other Asia-Pacific markets. The company's brand portfolio includes proprietary brands such as HanTing, Hi Inn, Elan, Crystal Orange, and JI Hotel, alongside licensed international brands including Mercure, Ibis, and Novotel through its strategic partnership with Accor. As of recent reporting, H World operates over 8,500 hotels with approximately 830,000 rooms across its global network, making it one of the world's top hotel groups by room count. The company follows an asset-light business model, primarily operating through manachised (management + franchise), franchised, and managed arrangements rather than direct ownership. In 2020, H World significantly expanded its international footprint by acquiring Deutsche Hospitality, adding premium European hotel brands including Steigenberger Hotels & Resorts to its portfolio. The company continues to focus on technology integration and membership program development to enhance operational efficiency and customer loyalty across its expanding hotel network.