H World Group Q1 2026 Financial Results & Director Resignation

H World Group Limited reported its unaudited first quarter 2026 financial results, showing mixed performance. The hotel operator reported revenue of RMB6.0 billion (US$870 million), representing an 11.1% year-over-year increase. However, net income attributable to the company declined 8.6% year-over-year to RMB817 million (US$118 million). The company operated 13,215 hotels with 1,303,563 rooms as of March 31, 2026, with continued expansion in China (537 new openings) while international operations remained smaller (120 hotels). Adjusted EBITDA improved to RMB1.9 billion (US$269 million) from RMB1.5 billion in Q1 2025. The company also announced the resignation of executive director Jie Zheng effective May 15, 2026, who will continue as a senior advisor. H World completed the maturity of its US$500 million convertible notes, with most converted to ADSs.