SHANGHAI, China, Nov. 10, 2022 (GLOBE NEWSWIRE) — H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key participant within the world resort business, right now introduced that it’s going to schedule to launch its unaudited monetary outcomes for the third quarter of 2022 on Monday, November 28, 2022 (Hong Kong time), after the buying and selling hours of The Stock Exchange of Hong Kong Limited and earlier than the opening of the U.S. market.
H World’s administration will host a convention name at 8 p.m. (U.S. Eastern time) on Monday, November 28, 2022 (or 9 a.m. (Hong Kong time) on Tuesday, November 29, 2022) following the announcement.
To be a part of by telephone, all individuals should pre-register this convention name utilizing the Participant Registration hyperlink of https://register.vevent.com/register/BI0ae7c3a955d34ca680b2c55589a22668. Upon registration, every participant will obtain particulars for the convention name, together with dial-in numbers, convention name passcode and a novel entry PIN.
A dwell webcast of the decision might be accessed at https://edge.media-server.com/mmc/p/226f8gsn or the Company’s web site at https://ir.hworld.com/news-and-events/events-calendar.
A replay of the convention name will probably be obtainable for twelve months from the date of the convention on the Company’s web site, https://ir.hworld.com/news-and-events/events-calendar.
About H World Group Limited
Originated in China, H World Group Limited is a key participant within the world resort business. As of September 30, 2022, H World operated 8,402 motels with 797,489 rooms in operation in 17 nations. H World’s manufacturers embody Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz within the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels. In addition, H World additionally has the rights as grasp franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, within the pan-China area.
H World’s business consists of leased and owned, manachised and franchised fashions. Under the lease and possession mannequin, H World instantly operates motels usually positioned on leased or owned properties. Under the manachise mannequin, H World manages manachised motels by way of the on-site resort managers that H World appoints, and H World collects charges from franchisees. Under the franchise mannequin, H World offers coaching, reservations and assist companies to the franchised motels, and collects charges from franchisees however doesn’t appoint on-site resort managers. H World applies a constant customary and platform throughout all of its motels. As of September 30, 2022, H World operates 13 % of its resort rooms beneath lease and possession mannequin, and 87 % beneath manachise and franchise fashions.
For extra info, please go to H World’s web site: https://ir.hworld.com.
Safe Harbor Statement Under the U.S. Private Securities Litigation Reform Act of 1995: The info on this launch incorporates forward-looking statements which contain dangers and uncertainties. Such elements and dangers embody our anticipated progress methods; our future outcomes of operations and monetary situation; financial circumstances; the regulatory surroundings; our capability to draw and retain prospects and leverage our manufacturers; traits and competitors within the lodging business; the anticipated progress of demand for lodging; and different elements and dangers detailed in our filings with the U.S. Securities and Exchange Commission. Any statements contained herein that aren’t statements of historic reality could also be deemed to be forward-looking statements, which can be recognized by terminology similar to “may,” “should,” “will,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “forecast,” “project” or “continue,” the destructive of such phrases or different comparable terminology. Readers shouldn’t depend on forward-looking statements as predictions of future occasions or outcomes.
H World undertakes no obligation to replace or revise any forward-looking statements, whether or not in consequence of new info, future occasions or in any other case, until required by relevant regulation.
Contact Information
Investor Relations
Tel: +86 (21) 6195 9561
Email: [email protected]
https://ir.hworld.com