financeSkift··1 min·For: Owner, Investor, GM, Revenue
H World International Posts First Profit Since 2019 Acquisit
H World International has achieved its first profitable year since being acquired by China's H World Group in 2019, reporting an adjusted EBITDA of approximately €63 million.
Key Takeaways
- 1Analyze H World International's reported adjusted EBITDA of €63 million, marking its first profit since the 2019 acquisition.
- 2Monitor the 8.5% year-over-year growth in hotel turnover as the company moves beyond post-Covid restructuring.
- 3Track the strategic shift under CEO Stephan Hungeling to stabilize the heavy lease book and drive consistent profitability.
Source: Skift
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