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SEGMENT
 6 Months Ended
Jun. 30, 2023
SEGMENT  
SEGMENT

12.SEGMENT

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The Group’s chief operating decision maker (“CODM”) has been identified as the chief executive officer. The Group has two operating segments which are legacy Huazhu and legacy DH according to the way management intends to evaluate results and allocate resources within the Group. In identifying its reportable segments, the Group assesses nature of operating segments and evaluates the operating results of each reporting segments. Both operating segments meet the quantitative thresholds and should be considered as two reportable segments. The Group has changed the segment profit measure from EBITDA to adjusted EBITDA starting from the second quarter of 2023 as the CODM used adjusted EBITDA to evaluate the performance of each segment. Adjusted EBITDA has also been presented for the disclosure for prior period as the segment profit.

The following table provides a summary of the Group’s operating segment results for the six months ended June 30, 2022 and 2023. The Group presents segment information after elimination of intercompany transactions.

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Six Months Ended June 30,

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2022

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2023

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Legacy -

    

Legacy-

    

​

    

Legacy-

    

Legacy-

    

​

​

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Huazhu

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 DH

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Total

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 Huazhu

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 DH

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Total

Total revenues

 

4,736

 

1,327

 

6,063

 

7,941

 

2,069

 

10,010

Adjusted EBITDA

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(70)

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(210)

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(280)

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3,385

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33

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3,418

Interest income

 

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37

 

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101

Interest expense

 

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199

 

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224

Income tax expense (benefit)

 

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(430)

 

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502

Depreciation and amortization

 

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734

 

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721

Share-based Compensation

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48

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61

Losses from fair value changes of equity securities

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186

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6

Net (loss) income attributable to H World Group Limited

 

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(980)

 

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2,005

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The following table presents total assets for operating segments, reconciled to consolidated amounts:

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As of

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December 31, 2022

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June 30, 2023

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Legacy

    

Legacy

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Legacy

    

Legacy

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Huazhu

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 DH

    

Total

 

Huazhu

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 DH

    

Total

Total assets

 

43,729

 

17,778

 

61,507

 

44,103

 

19,009

 

63,112

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The following tables represent revenues and property and equipment, net, intangible assets, net, right-of-use assets, land use rights, net and goodwill by geographical region.

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Revenues:

    

Six Months Ended June 30,

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2022

    

2023

China

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4,727

 

7,927

Germany

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989

 

1,532

All others

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347

 

551

Total

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6,063

 

10,010

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Property and equipment, net, intangible assets, net, right-of-use assets, land use rights, net and goodwill:

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As of

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December 31,

    

June 30,

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2022

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2023

China

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31,684

 

30,524

Germany

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13,501

 

14,517

All others

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3,288

 

3,411

Total

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48,473

 

48,452

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Other than China and Germany, there were no countries that individually represented more than 10% of the total revenue and certain long lived assets for the six months ended June 30, 2022 and 2023.