H World Group Ltd (HTHT) reported a 53.6% year-on-year increase in Q3 FY23 sales to $861 million, surpassing analyst estimates. Adjusted EPADS was $0.58, also beating consensus. Occupancy rates and Blended RevPAR for Legacy-Huazhu hotels showed significant improvement compared to Q3 FY22. The company reported an operating income of $262 million with a 30.4% margin and had $1.2 billion in cash and equivalents. The hotel network comprised 9,157 hotels and 885,756 rooms. The Q4 outlook anticipates revenue growth of 41%-45%, or 48%-52% excluding Steigenberger Hotels. HTHT shares rose by 0.73% in premarket trading.