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A total of 9,157 hotels or 885,756 hotel rooms in operation as of September 30, 2023.Hotel turnover1 increased 55.1% year-over-year to RMB23.5 billion in the third quarter of 2023. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 59.2% year-over-year in the third quarter of 2023.Revenue increased 53.6% year-over-year to RMB6.3 billion (US$861 million)2 in the third quarter of 2023, surpassing the revenue guidance previously announced of a
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