H World Group Sees Declining Revenue From Leased Hotels, Adjusted EPS Misses Estimate
H World Group shares down after reporting worse-than-expected Q3 results.
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The Latest Breaking News from LegacyHuazhu
Huazhu Group Clocks 9% Revenue Growth In Q4
Huazhu Group Ltd (NASDAQ:HTHT) reported fourth-quarter FY21 revenue growth of 9.1% year-on-year, to RMB3.5 billion ($526 million), missing the consensus of $530.15 million. Hotel turnover increased 8.3% Y/Y to RMB11.9 billion in Q4. Adjusted loss per ADS was $(0.11) for the quarter. Revenue from the Legacy-Huazhu segment decreased 1.6% Y/Y. The occupancy rate…
Benzinga ·
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