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What smart money is saying about H World GroupChina flag

1179.HK · Consumer Cyclical · Travel Lodging · Market cap $16.19B

1 fund in our archive has pitched H World Group — most recently Sands Capital Emerging Markets Growth in December 2025.

Company profile

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels. As of June 30, 2022, it operated 8,176 hotels with 773,898 rooms. The company was formerly known as Huazhu Group Limited and changed its name to H World Group Limited in June 2022. H World Group Limited was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.

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1
Reported positions
1
Bought
0
Sold
2
Letters

Position history

Between Q4 2025 and Q2 2026, 1 fund letter reported a position in H World Group1 opened or added to the position.

Fund letters reporting a position in H World Group, by quarter
QuarterLettersBoughtSoldTheses
Q2 20261100
Q4 20250001

Fund activity · 1 position · 1 move

  • AddedEmerald Focused Equity Strategy
    June 2026
    We also added to H World, soon to become China's largest hotel group by property count.
    Read the letterH World Group

Fund coverage · 1 thesis

  • Sands Capital Emerging Markets Growth
    December 2025

    H World Group is China’s largest hotel operator benefiting from stabilizing industry dynamics, scale advantages, and margin expansion potential from an asset-light shift.

    Read the full thesis

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