H World Group Limited announced preliminary results for hotel operations in the fourth quarter and the full year ended December 31, 2023. For the quarter, the company reported average daily room rate leased and owned hotels of RMB 356 against RMB 279 a year ago. Average daily room rate manachised and franchised hotels was RMB 276 against RMB 236 a year ago. Average daily room rate blended was RMB 284 against RMB 240 a year ago. Occupancy rate of leased and owned hotels was 83.7% against 63.1% a year ago. Occupancy rate of manachised and franchised hotels was 80.1% against 66.6% a year ago. Occupancy rate of blended was 80.5% against 66.2% a year ago. RevPAR from leased and owned hotels was RMB 298 against RMB 176 a year ago. RevPAR from manachised and franchised hotels was RMB 221 against RMB 157 a year ago. RevPAR from blended was RMB 229 against RMB 159 a year ago.

For the full year, the company reported average daily room rate leased and owned hotels of RMB 372 against RMB 272 a year ago. Average daily room rate manachised and franchised hotels was RMB 290 against RMB 231 a year ago. Average daily room rate blended was RMB 299 against RMB 236 a year ago. Occupancy rate of leased and owned hotels was 82.8% against 63.9% a year ago. Occupancy rate of manachised and franchised hotels was 80.8% against 67.1% a year ago. Occupancy rate of blended was 81.1% against 66.7% a year ago. RevPAR from leased and owned hotels was RMB 308 against RMB 174 a year ago. RevPAR from manachised and franchised hotels was RMB 234 against RMB 155 a year ago. RevPAR from blended was RMB 242 against RMB 157 a year ago.