Huazhu Group upgraded by Daiwa Securities with a new price target
$HTHT
Hotels/Resorts
Consumer Discretionary
Daiwa Securities upgraded Huazhu Group from Outperform to Buy and set a new price target of $34.00 from $43.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/26/2024 | $47.00 | Buy | CLSA |
| 4/19/2024 | $48.00 | Outperform | Macquarie |
| 1/30/2024 | Overweight | JP Morgan | |
| 10/27/2022 | $43.00 → $34.00 | Outperform → Buy | Daiwa Securities |
| 8/30/2022 | Buy → Outperform | Daiwa Securities | |
| 6/1/2022 | Outperform → Buy | Daiwa Securities | |
| 3/25/2022 | Neutral → Outperform | Credit Suisse | |
| 9/24/2021 | $63.00 | Buy | UBS |
Strong Brands Drive Growth, Balancing Scale and Quality, Global Expansion Reaches New Heights HONG KONG, Nov. 26, 2024 /PRNewswire/ -- H World Group Limited ((", H World", or ", the Group", , NASDAQ:HTHT) announced its unaudited financial results for the third quarter of 2024 ("Q3 2024"), with both revenue and hotel turnover showing growth. According to the announcement, H World's revenue increased 2.4% year-over-year to RMB6.4 billion in the third quarter of 2024. Among this, revenue from H World's business in China ("Legacy-Huazhu" or "Huazhu") increased 1.0% year-over-year; and revenue from H World International ("Legacy-DH" or "DH") increased 8.9% year-over-year. Meanwhile, the Group's h
A total of 10,845 hotels or 1,062,546 hotel rooms in operation as of September 30, 2024.Hotel turnover1 increased 10.7% year-over-year to RMB26.0 billion in the third quarter of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries (which are collectively referred to as Deutsche Hospitality, "DH", or "Legacy-DH"), hotel turnover from the Legacy-Huazhu ("Huazhu") segment increased 11.0% year-over-year in the third quarter of 2024; and hotel turnover from the Legacy-DH segment increased 7.8% year-over-year in the third quarter of 2024. Revenue increased 2.4% year-over-year to RMB6.4 billion (US$918 million)2 in the third quarter of 2024, within the previously announced 2% to 5% revenu
SINGAPORE and SHANGHAI, China, Nov. 12, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ:HTHT) ("H World", "we" or "our") a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the third quarter of 2024 on Tuesday, November 26, 2024 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market. H World's management will host a conference call at 8 p.m. (U.S. Eastern time) on Tuesday, November 26, 2024 (or 9 a.m. (Hong Kong time) on Wednesday, November 27, 2024) following the announcement. To join by phone, all participants must pre-register this
A total of 10,845 hotels or 1,062,546 hotel rooms in operation as of September 30, 2024.Hotel turnover1 increased 10.7% year-over-year to RMB26.0 billion in the third quarter of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries (which are collectively referred to as Deutsche Hospitality, "DH", or "Legacy-DH"), hotel turnover from the Legacy-Huazhu ("Huazhu") segment increased 11.0% year-over-year in the third quarter of 2024; and hotel turnover from the Legacy-DH segment increased 7.8% year-over-year in the third quarter of 2024. Revenue increased 2.4% year-over-year to RMB6.4 billion (US$918 million)2 in the third quarter of 2024, within the previously announced 2% to 5% revenu
SINGAPORE and SHANGHAI, China, Nov. 12, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ:HTHT) ("H World", "we" or "our") a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the third quarter of 2024 on Tuesday, November 26, 2024 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market. H World's management will host a conference call at 8 p.m. (U.S. Eastern time) on Tuesday, November 26, 2024 (or 9 a.m. (Hong Kong time) on Wednesday, November 27, 2024) following the announcement. To join by phone, all participants must pre-register this
A total of 10,286 hotels or 1,001,865 hotel rooms in operation as of June 30, 2024.Hotel turnover1 increased 15.5% year-over-year to RMB23.4 billion in the second quarter of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries ("DH", or "Legacy-DH"), hotel turnover from the Legacy-Huazhu segment increased 16.2% year-over-year in the second quarter of 2024; and hotel turnover from the Legacy-DH segment increased 7.8% year-over-year in the second quarter of 2024. Revenue increased 11.2% year-over-year to RMB6.1 billion (US$846 million)2 in the second quarter of 2024, at the high end of the previously announced 7% to 11% revenue increase guidance as compared to the second quarter of 2
CLSA resumed coverage of H World Group with a rating of Buy and set a new price target of $47.00
Macquarie initiated coverage of H World Group with a rating of Outperform and set a new price target of $48.00
JP Morgan initiated coverage of H World Group with a rating of Overweight
6-K - H World Group Ltd (0001483994) (Filer)
6-K - H World Group Ltd (0001483994) (Filer)
6-K - H World Group Ltd (0001483994) (Filer)
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SC 13G/A - H World Group Ltd (0001483994) (Subject)
Strong Brands Drive Growth, Balancing Scale and Quality, Global Expansion Reaches New Heights HONG KONG, Nov. 26, 2024 /PRNewswire/ -- H World Group Limited ((", H World", or ", the Group", , NASDAQ:HTHT) announced its unaudited financial results for the third quarter of 2024 ("Q3 2024"), with both revenue and hotel turnover showing growth. According to the announcement, H World's revenue increased 2.4% year-over-year to RMB6.4 billion in the third quarter of 2024. Among this, revenue from H World's business in China ("Legacy-Huazhu" or "Huazhu") increased 1.0% year-over-year; and revenue from H World International ("Legacy-DH" or "DH") increased 8.9% year-over-year. Meanwhile, the Group's h
SINGAPORE and SHANGHAI, Sept. 03, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ:HTHT) ("H World" or the "Company"), a key player in the global hotel industry, today announced that Mr. Jun Zou will resign as the chief financial officer of the Company for personal reasons, effective on September 4, 2024. Ms. Hui Chen, the chief compliance officer of the Company, has been appointed as the chief financial officer of the Company, effective on September 4, 2024. Ms. Chen has deep financial management expertise in the travel and hotel industries in China. She initially joined H World in 2014. From 2014 to early 2016, Ms. Chen served as H World's executive vice president of finance respo
Revenue Growth, Enhanced Profitability, and Milestone Reached in Hotel Network HONG KONG, Aug. 20, 2024 /PRNewswire/ -- H World Group Limited ((", H World", or ", the Group", , NASDAQ:HTHT) announced its unaudited financial results for the second quarter ("Q2 2024") and interim period ended June 30, 2024. In the first half of the year, revenue increased by 14.1% year-over-year, with second quarter revenue growth slightly exceeding the upper limit of guidance. H World continues to prioritize customer-centricity, continuously improving the quality of its products and services, leading the industry toward high-quality development. In the first half of 2024, the Group achieved revenue of RMB 11