H World Group Limited Reports Results of 2024 Annual General Meeting

June 27, 2024 by No Comments

SHANGHAI, June 27, 2024 — H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, announced today that its 2024 annual general meeting (AGM) was held on June 27, 2024. The AGM approved the following resolutions:

  1. ratification of the appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as the Company’s auditor for 2024, and authorization for the directors to determine the auditor’s remuneration;
  2. amendment and restatement of the Company’s 2023 share incentive plan; and
  3. authorization for each director or officer of the Company or Conyers Trust Company (Cayman) Limited to take any necessary actions to implement the aforementioned resolutions.

About H World Group Limited

H World Group Limited, headquartered in China, is a major player in the global hotel industry. As of March 31, 2024, H World operated 9,817 hotels with 955,657 rooms in 18 countries. H World’s brands include Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels. Additionally, H World holds the master franchise rights for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel in the pan-China region.

H World’s business encompasses leased and owned, manachised and franchised models. In the lease and ownership model, H World directly operates hotels located on leased or owned properties. Under the manachise model, H World manages hotels through appointed on-site hotel managers, collecting fees from franchisees. In the franchise model, H World provides training, reservation services, and support to franchised hotels, collecting fees from franchisees but not appointing on-site hotel managers. H World applies consistent standards and platforms across all its hotels. As of March 31, 2024, H World operated 11 percent of its hotel rooms under the lease and ownership model, and 89 percent under the manachise and franchise model.

For more information, please visit H World’s website: .

Contact Information
Investor Relations
Tel: +86 (21) 6195 9561
Email: ir@hworld.com
https://ir.hworld.com