
H World Group Limited remains a Buy, after I evaluated its results, outlook, and shareholder returns. HTHT's 2Q2026 topline represented a 5% beat against consensus, driven by a strong 25% rise in its Manachised and Franchised (M&F) segment revenues. The mid-point of its FY2026 sales growth guidance was increased from +4.0% to +6.0%, which is backed by asset upgrades, a robust hotel backlog, and further penetration potential in China.










