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Revenue rose slightly to $744 million, driven by network expansion in China. Profitability improved with a $123 million net income. The company saw gains in its asset-light operations, despite weaker performance from its Legacy-DH segment.
In Q4 2024, H World Group reported revenue of $825 million, representing a 7.8% year-over-year increase. However, net income dropped sharply to $7 million, primarily driven by foreign exchange losses and tax impacts. Adjusted EBITDA reached $171 million, up from $158 million in the prior year. The company demonstrated strong growth in its manachised and franchised hotel segment, with revenue increasing by 24% year-over-year.