H World Group Limited

H World Group Limited is a major player in the global hotel industry, with 9,157 hotels and 885,756 rooms in operation across 18 countries as of September 30, 2023. The company, founded in 2005, has achieved significant growth and success, including a dual listing on the NASDAQ in the United States and the Main Board of the Hong Kong Stock Exchange in September 2020. H World Group operates 31 hotel and apartment brands, covering luxury to economy markets, and has received recognition for its subsidiary brands, such as HanTing Hotel, being ranked as one of the top 100 most valuable Chinese brands by BrandZ. This growth has been supported by a $55.00M Series B investment from notable investors including Northern Light Venture Capital, Chengwei Capital, IDG Capital, CDH Investments, and Pinpoint Ventures. The company's growth strategy focuses on "lean growth," emphasizing qualified hotels' management and expansion while maintaining a long-term approach. H World Group's dedication to innovation, brand enhancement, and optimizing the quality of hotels and services align with its ambition to leverage brand, traffic, and technology advantages to expand its business. The company aims to boost the quality and service of its hotels while capitalizing on its brand, traffic, and technology advantages.