v3.26.3
REVENUE FROM CONTRACTS WITH CUSTOMERS
 6 Months Ended
Jun. 30, 2026
REVENUE FROM CONTRACTS WITH CUSTOMERS  
REVENUE FROM CONTRACTS WITH CUSTOMERS

3.REVENUE FROM CONTRACTS WITH CUSTOMERS

Disaggregated Revenues

The following tables present the Group’s revenues disaggregated by the nature of the product or service:

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Six Months Ended

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June 30, 

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2025

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2026

Room revenues

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5,249

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5,072

Food and beverage revenues

 

637

 

639

Others

 

304

 

272

Leased and owned hotels revenues

 

6,190

 

5,983

Central reservation system usage fees, other system maintenance and support fees

 

1,931

 

2,394

On-going management and service/royalty fees

 

1,792

 

2,147

Reimbursements for hotel manager fees

 

1,029

 

1,275

Initial one-time license/franchise fee

 

78

 

80

Other fees

 

534

 

696

Manachised and franchised hotels revenues

 

5,364

 

6,592

Other revenues

 

267

 

542

Total revenues

 

11,821

 

13,117

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Contract Balances

The Group’s contract assets are insignificant at December 31, 2025 and June 30, 2026.

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As of

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December 31, 

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June 30, 

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2025

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2026

Current contract liabilities

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1,823

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2,004

Long-term contract liabilities

 

1,602

 

1,674

Total contract liabilities

 

3,425

 

3,678

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The contract liabilities balances above are classified as deferred revenue on the consolidated balance sheet, as of December 31, 2025 and June 30, 2026.

The Group recognized revenues that were previously deferred as contract liabilities of RMB503 and RMB512 during the six months ended June 30, 2025 and 2026, respectively.