Against a backdrop of intensifying industry competition and pressure on consumer demand, Huazhu Group has delivered a performance report characterized by "stable revenue growth and optimized structure." Recently, Huazhu Group announced its unaudited financial results for the first quarter ended March 31, 2026. In the first quarter, the company achieved total revenue of RMB 6 billion (approximately US$870 million), representing a year-on-year increase of 11.1%. By the end of the quarter, Huazhu's global hotel network in operation had reached 13,215 properties, a net increase of 360 hotels from the previous quarter. Huazhu Group continues to advance its expansion. Jin Hui, CEO of Huazhu, expressed confidence in successfully achieving the full-year target of opening approximately 2,200 to 2,300 new hotels. The company maintains a solid financial position. As of the end of the first quarter, Huazhu's net cash balance (after deducting short-term and long-term debt) stood at RMB 6.3 billion.

Editor Ⅰ: Zhang Congxiao

Editor Ⅱ: Bao Gang

Editor Ⅲ: Liu Guosong