H World Group Limited (NASDAQ:HTHT) Q1 2023 Earnings Call Transcript

Page 5 of 5

And in talking about the upper mid segment, so basically the up mid segments or up mid brands are still using the vertical organizational structure, but the regional headquarters will help or support the upper mid segment in terms of the development, but the management will remain within each of the brands and in the headquarter. If you’re talking about some of the challenges or – talking about some challenges, currently, we still think – I think in terms of the talent reserve is not still enough, but we think it’s going to take some to further building it up. Thank you.

Operator: Thank you. I’m showing no further questions. I’ll now turn the conference back to the management team for closing remarks.

Jin Hui: Thank you everyone for taking your time with us today, and we look forward to see you in upcoming quarter. Thank you. Bye-bye.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.

Follow Huazhu Group Limited (NASDAQ:HTHT)

Page 5 of 5