H World (HTHT) Cleared Its $2B Promise Early, Then Topped It
H World Group (HTHT) completed its $2B shareholder return plan early and announced a new $2.5B plan. Q2 revenue rose 10.8% to RMB 7.1B, with adjusted EBITDA up 20.0% to RMB 2.7B. Franchised revenue grew 25.2%, and hotel GMV increased 13.2% to RMB 30.5B. However, per-room revenue growth was modest, and hedge fund ownership declined.




