H World Group Limited (), formerly Huazhu Hotels Group in English, is a hotel management company in

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

. In 2010, H World Group was listed on

Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

; in September 2020, H World Group achieved a secondary listing on the Main Board of the Hong Kong Stock Exchange. In January 2023, H World was listed in the Hurun China 500 Most Valuable Private Companies 2022 and ranked No. 126. Its headquarters are in

Jiading District Jiading is a suburban district of Shanghai. As of the 2020 Chinese census, it had a population of 1,834,258. History Jiading was historically a separate polity from Shanghai until it came under the administration of Shanghai in 1958. In 1993, ...

Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...

History

In August 2005, the first HanTing Hotel was built. The first hotel of the group was opened by

Kunshan Kunshan is a county-level city in southeastern Jiangsu Province, Jiangsu province with Shanghai bordering its eastern border and Suzhou on its western boundary. It is under the administration of the prefecture-level city of Suzhou. Name Th ...

Railway Station for a trial operation in August 2005. Ji Qi (

Chinese Chinese may refer to: * Something related to China * Chinese people, people identified with China, through nationality, citizenship, and/or ethnicity **Han Chinese, East Asian ethnic group native to China. **'' Zhonghua minzu'', the supra-ethnic ...

: 季琦;

pinyin Hanyu Pinyin, or simply pinyin, officially the Chinese Phonetic Alphabet, is the most common romanization system for Standard Chinese. ''Hanyu'' () literally means 'Han Chinese, Han language'—that is, the Chinese language—while ''pinyin' ...

: ''Jì Qí''), the founder, stated that he got the idea to start the chain by reading a book discussing

Accor Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor ope ...

. In January 2010, the first JI Hotel was built. In March 2010, HanTing Hotel Group, Inc. went public on the New York Stock Exchange. In November 2012, the group's Chinese name was renamed to Huazhu Hotels Group. In December 2014, signed a long-term strategic alliance agreement with Accor in

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

, which was finalized in January 2016. In May 2015, former president Jenny Zhang was appointed chief executive officer. In February 2017, the company wholly acquired Orange Crystal Hotel Group, which owns the brands Orange Crystal Hotel and Orange Hotel. In April 2017, the company opened the first Manxin Hotel. In August 2018, Huazhu Hotels Group announced the completion of its strategic acquisition of the Chinese boutique resort hotel brand, Blossom. In October 2019, the first overseas directly-managed shop of JI Hotel was officially opened in Singapore's historic Orchard Road shopping district, as the first overseas hotel of Huazhu Hotels Group. In November 2019, the company announced that one of their subsidiaries purchased Deutsche Hospitality for 700 million euros. In January 2020, the company completed the acquisition of all equity interest in Deutsche Hospitality, whose hotel brands include Steigenberger, Steigenberger Icons, MAXX by Steigenberger, IntercityHotel and

Zleep Hotels Zleep Hotels is a chain of budget hotels originated from Copenhagen, Denmark with headquarters in Frankfurt am Main, Germany. It was founded in 2003 by Peter Haber and currently is a subsidiary of H World International. The chain consists of curr ...

. In September 2020, the company achieved a secondary listing on the Main Board of the Hong Kong Stock Exchange under the ticker symbol 1179.HK. In March 2021, Huazhu and Sunac Cultural and Tourism established a joint venture - Yongle Huazhu Hotel Management Company Limited - to jointly develop the high-end hotel business. In September 2022, the company changed its name to H World Group Limited, or H World.

Corporate affairs

Structure

The group is composed of brands like HanTing Hotel, JI Hotel, Orange Hotel, Hi Inn Hotel, Joya Hotel, Blossom House, Madison International Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Mercure Hotel, CitiGO Hotel, Starway Hotel, Ibis, NiHao Hotel, CJIA Apartment and Suisse Place, as well as co-development rights for Grand Mercure and Novotel, and Citadines Apartment Hotel. Under franchise agreements with

, 300 economy and middle-scale hotels have opened in China, mainly under the Ibis, Novotel, and Mercure brands. China Lodging Holding Singapore, a wholly-owned subsidiary of Huazhu Hotels Group, also acquired 100% equity interest in Deutsche Hospitality, which has since been rebranded to

H World International H World International, formerly branded ''Deutsche Hospitality'' and ''Steigenberger Hotel Group'', is the umbrella brand of the German hotel chain company Steigenberger Hotels AG. Since 2020, it is a subsidiary of the Chinese Huazhu Hotels Grou ...

and operates brands such as ''Steigenberger'' and ''IntercityHotel''.

Financial results

References

External links

Huazhu Hotels Group Ltd
- Site for all hotel brands
China Lodging Group Limited
(Investor site, in English)
Hanting Inns

China Lodging Group, Ltd
at

Google Finance Google Finance is a website focusing on business news and financial information hosted by Google. History and Development Launch and Early Growth (2006–2010) Google Finance was launched in March 2006 as Google’s entry into online financ ...

{{Hotel chains Companies based in Shanghai Chinese companies established in 2005 Hotels established in 2005 Hospitality companies of China Hospitality companies Hotel chains in China Companies listed on the Nasdaq Chinese brands Hospitality companies established in 2005 2005 establishments in Shanghai