{"id":31846,"date":"2026-05-16T14:48:00","date_gmt":"2026-05-16T06:48:00","guid":{"rendered":"https:\/\/www.franchise.com.hk\/%e8%8f%af%e4%bd%8f%e9%9b%86%e5%9c%98%e5%85%ac%e4%bd%88%e7%ac%ac%e4%b8%80%e5%ad%a3%e5%ba%a6%e6%a5%ad%e7%b8%be%ef%bc%8c%e7%aa%81%e9%a1%af%e8%bc%95%e8%b3%87%e7%94%a2%e5%a2%9e%e9%95%b7%e5%8f%8a%e4%ba%9e\/31846"},"modified":"2026-05-16T14:48:00","modified_gmt":"2026-05-16T06:48:00","slug":"%e8%8f%af%e4%bd%8f%e9%9b%86%e5%9c%98%e5%85%ac%e4%bd%88%e7%ac%ac%e4%b8%80%e5%ad%a3%e5%ba%a6%e6%a5%ad%e7%b8%be%ef%bc%8c%e7%aa%81%e9%a1%af%e8%bc%95%e8%b3%87%e7%94%a2%e5%a2%9e%e9%95%b7%e5%8f%8a%e4%ba%9e","status":"publish","type":"post","link":"https:\/\/www.franchise.com.hk\/zh-hans\/%e8%8f%af%e4%bd%8f%e9%9b%86%e5%9c%98%e5%85%ac%e4%bd%88%e7%ac%ac%e4%b8%80%e5%ad%a3%e5%ba%a6%e6%a5%ad%e7%b8%be%ef%bc%8c%e7%aa%81%e9%a1%af%e8%bc%95%e8%b3%87%e7%94%a2%e5%a2%9e%e9%95%b7%e5%8f%8a%e4%ba%9e\/31846","title":{"rendered":"\u83ef\u4f4f\u96c6\u5718\u516c\u4f48\u7b2c\u4e00\u5b63\u5ea6\u696d\u7e3e\uff0c\u7a81\u986f\u8f15\u8cc7\u7522\u589e\u9577\u53ca\u4e9e\u592a\u5340\u7248\u5716\u64f4\u5f35"},"content":{"rendered":"<p><span class=\"legendSpanClass\">\u4e0a\u6d77<\/span><span class=\"legendSpanClass\">2026\u5e745\u670816\u65e5<\/span> \/\u7f8e\u901a\u793e\/ &#8212; \u5168\u7403\u9818\u5148\u9152\u5e97\u96c6\u5718\u4e4b\u4e00\u83ef\u4f4f\u96c6\u5718\u6709\u9650\u516c\u53f8 (NASDAQ: HTHT) (HKEX: 01179) \u4eca\u65e5\u767c\u4f48\u622a\u81f3 2026 \u5e74 3 \u6708 31 \u65e5\u7b2c\u4e00\u5b63\u5ea6\u672a\u7d93\u5be9\u8a08\u8ca1\u52d9\u696d\u7e3e\uff0c\u5c55\u73fe\u5176\u5728\u7db2\u7d61\u8986\u84cb\u3001\u5fe0\u5be6\u6703\u54e1\u8a08\u5283\u53c3\u8207\uff0c\u4ee5\u53ca\u4e9e\u592a\u5340\u7248\u5716\u6301\u7e8c\u62d3\u5c55\u7684\u5f37\u52c1\u8d70\u52e2\u3002<\/p>\n<div>   <a href=\"http:\/\/mma.prnasia.com\/media2\/2981111\/JI_Hotel.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><\/a>   <br \/><span>\u5168\u5b63\u842c\u8c61\u6e44\u516c\u6cb3\u7554\u9152\u5e97<\/span>  <\/div>\n<p>\u83ef\u4f4f\u884c\u653f\u7e3d\u88c1\u91d1\u8f1d\u8868\u793a\uff1a\u300c\u8e0f\u5165 2026 \u5e74\uff0c\u83ef\u4f4f\u7e7c\u7e8c\u63a8\u9032\u4ee5\u54c1\u724c\u70ba\u4e3b\u5c0e\u7684\u512a\u8cea\u589e\u9577\u3002 \u5728\u7b2c\u4e00\u5b63\u5ea6\uff0c\u6211\u5011\u5728\u4e2d\u570b\u65b0\u958b\u4e86 537 \u9593\u9152\u5e97\uff0c\u9032\u5ea6\u7406\u60f3\uff0c\u53ef\u671b\u5be6\u73fe\u5168\u5e74\u65b0\u958b\u7d04 2,200 \u81f3 2,300 \u9593\u9152\u5e97\u7684\u7e3d\u76ee\u6a19\u3002 \u83ef\u4f4f\u4e2d\u570b\u7684\u6574\u9ad4\u5e73\u5747\u6bcf\u65e5\u623f\u50f9 (ADR) \u8f03\u53bb\u5e74\u540c\u671f\u4e0a\u5347 4.5%\uff0c\u5f9e\u800c\u5e36\u52d5\u6574\u9ad4\u6bcf\u9593\u53ef\u51fa\u79df\u5ba2\u623f\u6536\u5165 (RevPAR) \u6309\u5e74\u589e\u52a0 3.0%\u3002\u300d<\/p>\n<p>\u7b2c\u4e00\u5b63\u5ea6\uff0c\u9152\u5e97\u7e3d\u4ea4\u6613\u984d (GMV) \u9304\u5f97\u4eba\u6c11\u5e63 264 \u5104\u5143\uff0c\u8f03\u53bb\u5e74\u540c\u671f\u589e\u9577 17.4%\u3002 \u7ba1\u7406\u52a0\u76df\u53ca\u7279\u8a31\u7d93\u71df\u9152\u5e97\u7684\u6536\u5165\u540c\u6bd4\u4e0a\u5347 20.3%\uff0c\u81f3\u4eba\u6c11\u5e63 30 \u5104\u5143\uff0c\u5145\u5206\u9ad4\u73fe\u516c\u53f8\u8f15\u8cc7\u7522\u6a21\u5f0f\u7684\u5be6\u529b\uff0c\u4ee5\u53ca\u5408\u4f5c\u5925\u4f34\u7684\u6301\u7e8c\u9700\u6c42\u3002<\/p>\n<p>\u672c\u5b63\u5ea6\u7d93\u8abf\u6574\u7a05\u524d\u606f\u524d\u6298\u820a\u6524\u92b7\u524d\u5229\u6f64 (EBITDA) \u70ba\u4eba\u6c11\u5e63 19 \u5104\u5143\uff0c\u540c\u6bd4\u4e0a\u5347 24.2%\u3002<\/p>\n<p>\u7db2\u7d61\u64f4\u5f35\u978f\u56fa\u5e02\u5834\u9818\u5c0e\u5730\u4f4d<\/p>\n<p>\u622a\u81f3 2026 \u5e74 3 \u6708 31 \u65e5\uff0c\u83ef\u4f4f\u5168\u7403\u5728\u71df\u9152\u5e97\u7db2\u7d61\u5171\u6709 13,215 \u9593\u9152\u5e97\u53ca 1,303,563 \u9593\u5ba2\u623f\uff0c\u5176\u4e2d\u83ef\u4f4f\u4e2d\u570b\u4f54 13,095 \u9593\uff0c\u83ef\u4f4f\u570b\u969b\u4f54 120 \u9593\u3002 \u96c6\u5718\u5728\u4e2d\u570b\u7684\u696d\u52d9\u7248\u5716\u64f4\u5c55\u81f3 1,461 \u500b\u57ce\u5e02\uff0c\u9ad8\u65bc 2025 \u5e74 3 \u6708 31 \u65e5\u7684 1,394 \u500b\u57ce\u5e02\uff0c\u986f\u793a\u96c6\u5718\u5728\u5404\u5730\u5340\u5e02\u5834\u6301\u7e8c\u62d3\u5c55\uff0c\u4e26\u7a4d\u6975\u9032\u8ecd\u4f4e\u7dda\u57ce\u5e02\u3002<\/p>\n<p>\u83ef\u4f4f\u6301\u7e8c\u5c08\u6ce8\u65bc\u5927\u773e\u5e02\u5834\uff0c\u4ee5\u7d93\u6fdf\u578b\u53ca\u4e2d\u6a94\u9152\u5e97\u70ba\u696d\u52d9\u7d44\u5408\u7684\u6838\u5fc3\u3002 \u6f22\u5ead\u53ca\u5168\u5b63\u9152\u5e97\u4e0d\u65b7\u5347\u7d1a\uff0c\u52a0\u4e0a\u63a8\u51fa\u5168\u65b0\u7d93\u6fdf\u578b\u9152\u5e97\u54c1\u724c\u300c\u6f22\u5ead\u5feb\u6377\u300d(Hanting Inn)\uff0c\u9032\u4e00\u6b65\u63d0\u5347\u96c6\u5718\u5728\u7d93\u6fdf\u578b\u53ca\u4e2d\u6a94\u9152\u5e97\u5e02\u5834\u7684\u7af6\u722d\u512a\u52e2\uff0c\u978f\u56fa\u83ef\u4f4f\u5728\u4e2d\u570b\u5927\u773e\u9152\u5e97\u5e02\u5834\u7684\u9818\u5c0e\u5730\u4f4d\u3002<\/p>\n<p>\u62d3\u5c55\u4e9e\u592a\u5340\u696d\u52d9\uff0c\u5f37\u5316\u83ef\u4f4f\u74b0\u7403\u5e73\u53f0<\/p>\n<p>\u83ef\u4f4f\u4ea6\u6301\u7e8c\u5728\u4e9e\u592a\u5340\u958b\u8a2d\u65b0\u9152\u5e97\uff0c\u4f5c\u70ba\u5340\u57df\u64f4\u5c55\u7b56\u7565\u7684\u4e00\u74b0\u3002 \u96c6\u5718\u4ee5\u65b0\u52a0\u5761\u4f5c\u70ba\u71df\u904b\u6a1e\u7d10\uff0c\u5c07\u696d\u52d9\u7248\u5716\u5ef6\u4f38\u81f3\u8d8a\u5357\u3001\u8001\u64be\u53ca\u67ec\u57d4\u5be8\u7b49\u4e3b\u8981\u6771\u5357\u4e9e\u5e02\u5834\u3002 2026 \u5e74\u7b2c\u4e00\u5b63\u5ea6\uff0c\u9996\u9593\u6d77\u5916\u5168\u5b63\u9152\u5e97 5.0 \u65bc\u8001\u64be\u9996\u90fd\u842c\u8c61\u6b63\u5f0f\u958b\u5e55\u3002 \u9152\u5e97\u4f4d\u8655\u5e02\u5167\u9ec3\u91d1\u5730\u6bb5\uff0c\u5ef6\u7e8c\u5168\u5b63\u9152\u5e97\u6975\u5177\u6a19\u8a8c\u6027\u7684\u6771\u65b9\u7f8e\u5b78\u8a2d\u8a08\uff0c\u5f70\u986f\u83ef\u4f4f\u54c1\u724c\u9032\u8ecd\u570b\u969b\u5e02\u5834\u7684\u5be6\u529b\u65e5\u6f38\u6210\u719f\u3002<\/p>\n<p>\u622a\u81f3 3 \u6708 31 \u65e5\uff0c\u83ef\u4f4f\u96c6\u5718\u65bc\u4e9e\u592a\u5340\u71df\u904b 6 \u9593\u9152\u5e97\uff0c\u4e26\u6709\u7d04 10 \u9593\u9152\u5e97\u6b63\u5728\u7c4c\u5283\u4e2d\u3002<\/p>\n<p>\u6191\u8457\u6a19\u6e96\u5316\u54c1\u724c\u7cfb\u7d71\u3001\u6578\u78bc\u71df\u904b\u5be6\u529b\u53ca\u4f9b\u61c9\u93c8\u512a\u52e2\uff0c\u83ef\u4f4f\u81f4\u529b\u5ef6\u7e8c\u5176\u5728\u4e9e\u592a\u5340\u7684\u589e\u9577\u6c23\u52e2\u3002<\/p>\n<p>\u5fe0\u5be6\u6703\u54e1\u8a08\u5283\u53ca\u6578\u78bc\u80fd\u529b\u63a8\u52d5\u6301\u7e8c\u589e\u9577<\/p>\n<p>\u83ef\u4f4f\u96c6\u5718\u7684\u5fe0\u5be6\u6703\u54e1\u8a08\u5283\u300c\u83ef\u4f4f\u6703\u300d\u7b2c\u4e00\u5b63\u5ea6\u7684\u7528\u6236\u6d3b\u8e8d\u5ea6\u6301\u7e8c\u5347\u6eab\uff0c\u6703\u54e1\u9810\u8a02\u7684\u5ba2\u623f\u665a\u6578\u4e0a\u5347 10.7%\uff0c\u9054 6,000 \u842c\u665a\u3002<\/p>\n<p>\u91d1\u8f1d\u8868\u793a\uff1a\u300c\u5c55\u671b\u672a\u4f86\uff0c\u6211\u5011\u6703\u7e7c\u7e8c\u63a8\u52d5\u512a\u8cea\u9152\u5e97\u7db2\u7d61\u64f4\u5c55\uff0c\u5f37\u5316\u54c1\u724c\u5b9a\u4f4d\uff0c\u4ee5\u83ef\u4f4f\u6703\u6703\u54e1\u8a08\u5283\u70ba\u6838\u5fc3\u63d0\u5347\u6703\u54e1\u70ba\u672c\u7684\u92b7\u552e\u80fd\u529b\uff0c\u4e26\u9032\u4e00\u6b65\u6df1\u5316\u79d1\u6280\u53ca\u4eba\u5de5\u667a\u80fd (AI) \u7684\u767c\u5c55\u3002\u300d<\/p>\n<p>\u6709\u95dc\u5b8c\u6574\u65b0\u805e\u7a3f\uff0c\u8acb\u700f\u89bd\uff1a<\/p>\n<p><a href=\"https:\/\/ir.hworld.com\/news-releases\/news-release-details\/h-world-group-limited-reports-first-quarter-2026-unaudited\" target=\"_blank\" rel=\"noopener\">https:\/\/ir.hworld.com\/news-releases\/news-release-details\/h-world-group-limited-reports-first-quarter-2026-unaudited<\/a><\/p>\n<p>\u95dc\u65bc\u83ef\u4f4f\u96c6\u5718\u6709\u9650\u516c\u53f8<\/p>\n<p>\u83ef\u4f4f\u96c6\u5718\u6709\u9650\u516c\u53f8 (NASDAQ: HTHT) (HKEX: 01179) \u5275\u7acb\u65bc\u4e2d\u570b\uff0c\u5728\u5168\u7403\u9152\u5e97\u884c\u696d\u4f54\u64da\u91cd\u8981\u5e2d\u4f4d\u3002 \u904e\u53bb 20 \u5e74\u9593\uff0c\u83ef\u4f4f\u5df2\u767c\u5c55\u6210\u70ba\u9996\u5c48\u4e00\u6307\u7684\u9152\u5e97\u96c6\u5718\uff0c\u696d\u52d9\u8986\u84cb\u591a\u5143\u5e02\u5834\u9818\u57df\uff0c\u5305\u62ec\u7d93\u6fdf\u578b\u4ee5\u81f3\u4e2d\u9ad8\u6a94\u53ca\u751f\u6d3b\u65b9\u5f0f\u9152\u5e97\u3002 \u83ef\u4f4f\u65d7\u4e0b\u54c1\u724c\u5305\u62ec\u6f22\u5ead\u9152\u5e97\u3001\u5168\u5b63\u9152\u5e97\u3001\u6854\u5b50\u6c34\u6676\u9152\u5e97\u3001\u65bd\u67cf\u95a3\u5ea6\u5047\u9152\u5e97\u3001\u7f8e\u5d19\u7f8e\u5950\u9152\u5e97\u3001Jaz in the City\u3001\u57ce\u969b\u9152\u5e97\u3001Zleep \u9152\u5e97\u53ca\u65bd\u67cf\u95a3\u5927\u89c0\u9152\u5e97\u3002 \u6b64\u5916\uff0c\u83ef\u4f4f\u6301\u6709\u7f8e\u5c45\u3001\u5b9c\u5fc5\u601d\u53ca\u5b9c\u5fc5\u601d\u5c1a\u54c1\u7684\u7e3d\u7279\u8a31\u7d93\u71df\u6b0a\uff0c\u4ee5\u53ca\u5728\u5927\u4e2d\u83ef\u5340\u5171\u540c\u767c\u5c55\u7f8e\u7235\u53ca\u8afe\u5bcc\u7279\u9152\u5e97\u7684\u6b0a\u5229\u3002<\/p>\n<p>\u5982\u6b32\u4e86\u89e3\u66f4\u591a\u8cc7\u8a0a\uff0c\u8acb\u700f\u89bd\u83ef\u4f4f\u7db2\u7ad9\uff1a<a href=\"https:\/\/ir.hworld.com\/\" target=\"_blank\" rel=\"noopener\">https:\/\/ir.hworld.com<\/a>\u00a0<\/p>\n<p>\u83ef\u4f4f\u6982\u4e0d\u627f\u64d4\u66f4\u65b0\u6216\u4fee\u8a02\u4efb\u4f55\u524d\u77bb\u6027\u8072\u660e\u7684\u7fa9\u52d9\uff0c\u7121\u8ad6\u662f\u56e0\u70ba\u65b0\u8cc7\u8a0a\u3001\u672a\u4f86\u4e8b\u4ef6\u9084\u662f\u5176\u4ed6\u539f\u56e0\uff0c\u9664\u975e\u9069\u7528\u6cd5\u5f8b\u6709\u6240\u8981\u6c42\u5247\u4f5c\u5225\u8ad6\u3002<\/p>\n<p>\u6709\u95dc\u5a92\u9ad4\u67e5\u8a62\uff0c\u8acb\u806f\u7d61\uff1a<\/p>\n<p><a href=\"mailto:media@hworld.com\" target=\"_blank\" rel=\"noopener\">media@hworld.com<\/a>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>\u4e0a\u6d772026\u5e745\u670816\u65e5 \/\u7f8e\u901a\u793e\/ &#8212; \u5168\u7403\u9818\u5148\u9152\u5e97\u96c6\u5718\u4e4b\u4e00\u83ef\u4f4f\u96c6\u5718\u6709\u9650\u516c\u53f8 (NASDAQ: HTHT) (HKEX: 01179) \u4eca\u65e5\u767c\u4f48\u622a\u81f3 2026 \u5e74 3 \u6708 31 \u65e5\u7b2c\u4e00\u5b63\u5ea6\u672a\u7d93\u5be9\u8a08\u8ca1\u52d9\u696d\u7e3e\uff0c\u5c55\u73fe\u5176\u5728\u7db2\u7d61\u8986\u84cb\u3001\u5fe0\u5be6\u6703\u54e1\u8a08\u5283\u53c3\u8207\uff0c\u4ee5\u53ca\u4e9e\u592a\u5340\u7248\u5716\u6301\u7e8c\u62d3\u5c55\u7684\u5f37\u52c1\u8d70\u52e2\u3002 \u5168\u5b63\u842c\u8c61\u6e44\u516c\u6cb3\u7554\u9152\u5e97 \u83ef\u4f4f\u884c\u653f\u7e3d\u88c1\u91d1\u8f1d\u8868\u793a\uff1a\u300c\u8e0f\u5165 2026 \u5e74\uff0c\u83ef\u4f4f\u7e7c\u7e8c\u63a8\u9032\u4ee5\u54c1\u724c\u70ba\u4e3b\u5c0e\u7684\u512a\u8cea\u589e\u9577\u3002 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