NasdaqGS:HTHTHospitality
How Investors Are Reacting To H World Group (HTHT) Serenity Capital’s Bigger Bet On Its Asset-Light Shift
In the past quarter, Singapore-based Serenity Capital Management lifted its holding in H World Group to nearly 1.3 million shares, a US$49.8 million position that now ranks as the fund’s fourth-largest.
This increased backing comes as H World Group pushes further into an asset-light model, with manachised and franchised revenue rising 27% year over year and supported by a pipeline of roughly 2,700 hotels.
We’ll examine how Serenity Capital’s sizable commitment, aligned with H World Group’s...