RELATED PARTY TRANSACTIONS AND BALANCES (Tables)

6 Months Ended

Jun. 30, 2026

RELATED PARTY TRANSACTIONS AND BALANCES

Schedule of related parties


Related Party		Nature of the Party		Relationship with the Group
Trip.com Group Limited (“Trip.com”)		Online travel services provider		Shareholder of the Group; One officer of Trip.com is a family member of the Group’s director
China Cjia Group Limited (“Cjia Group”)		Apartment Management Group		Equity method investee of the Group
Shanghai Zhuchuang Enterprise Management Co., Ltd. (“Zhuchuang”)		Staged office space company		Equity method investee of the Group
Shanghai Lianquan Hotel Management Co., Ltd. (“Lianquan”)		Hotel management company		Equity method investee of the Group
Huamai (Guangzhou) Hotel Management Co., Ltd. (“Huamai”)		Hotel management company		Equity method investee of the Group
Azure Hospitality Fund I Limited Partnership (“Azure Fund”)		Fund		Equity method investee of the Group
Huazhu Azure Capital Partners Inc. (“Azure Capital”)		Investment company		Equity method investee of the Group

Schedule of amounts due from related parties


		As of
		December 31,		June 30,
		2025		2026
Trip.com		265		94
Lianquan		19		19
Huamai		16		8
Zhuchuang		14		14
Cjia Group		12		12
Others		25		29
Allowance for expected credit losses		(37)		(37)
Total		314		139

Schedule of amounts due to related parties


		As of
		December 31,		June 30,
		2025		2026
Trip.com		60		52
Cjia Group		20		22
Others		49		22
Total		129		96

Schedule of significant related party transactions


		Six Months Ended June 30,
		2025		2026
Commission expenses to Trip.com		148		132
Lease expenses to Trip.com		10		10
Lease expenses to Cjia Group		18		20
Goods sold and service provided to Cjia Group		15		12
Service fee from Trip.com		61		56
Service fee from Azure Fund		10		9
Sublease income from Cjia Group		3		2