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REVENUE FROM CONTRACTS WITH CUSTOMERS
6 Months Ended
Jun. 30, 2023
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:

Six Months Ended

June 30, 

    

2022

    

2023

Room revenues

3,271

5,507

Food and beverage revenues

 

467

 

635

Others

 

265

 

324

Leased and owned hotels revenue

 

4,003

 

6,466

Initial one-time license/franchise fee

 

52

 

54

On-going management and service/royalty fees

 

592

 

1,232

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

 

522

 

1,152

Reimbursements for hotel manager fees

 

533

 

600

Other fees

 

235

 

372

Manachised and franchised hotels revenue

 

1,934

 

3,410

Other revenues

 

126

 

134

Total revenues

 

6,063

 

10,010

Contract Balances

The Group’s contract assets are insignificant at December 31, 2022 and June 30, 2023.

As of

December 31, 

June 30, 

    

2022

    

2023

Current contract liabilities

1,308

1,413

Long-term contract liabilities

 

828

 

936

Total contract liabilities

 

2,136

 

2,349

The contract liabilities balances above are classified as deferred revenue on the consolidated balance sheet, as of December 31, 2022 and June 30, 2023.

The Group recognized revenues that were previously deferred as contract liabilities of RMB359 and RMB403 during the six months ended June 30, 2022 and 2023, respectively.