Name | Value |
---|---|
Revenues | 5,278.0M |
Cost of Revenue | 3,565.0M |
Gross Profit | 1,713.0M |
Operating Expense | 710.0M |
Operating I/L | 1,003.0M |
Other Income/Expense | -46.0M |
Interest Income | 51.0M |
Pretax | 957.0M |
Income Tax Expense | 279.0M |
Net Income/Loss | 659.0M |
H World Group Limited, formerly known as Huazhu Group Limited, operates a diverse portfolio of hotels in China, including leased, owned, manachised, and franchised properties. The company's brands, such as HanTing Hotel, Ni Hao Hotel, and Ibis Hotel, cater to various market segments. With a total of 8,176 hotels and 773,898 rooms as of June 30, 2022, the company generates revenue through hotel operations, including room bookings, food and beverage services, and other hospitality-related activities.