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REVENUE
 12 Months Ended
Dec. 31, 2023
REVENUE  
REVENUE

4.REVENUE

Disaggregated Revenues

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

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Years Ended December 31, 

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2021

    

2022

    

2023

Room revenues

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7,024

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7,571

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11,789

Food and beverage revenues

 

694

 

1,049

 

1,333

Others

 

400

 

528

 

674

Leased and owned hotel revenues

 

8,118

 

9,148

 

13,796

Initial one-time license/franchise fee

 

109

 

106

 

114

On-going management and service/royalty fees

 

1,479

 

1,375

 

2,785

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

 

1,399

 

1,262

 

2,628

Reimbursements for hotel manager fees

 

897

 

1,103

 

1,400

Other fees

 

520

 

559

 

767

Manachised and franchised hotel revenues

 

4,404

 

4,405

 

7,694

Other revenues

 

263

 

309

 

392

Total revenues

 

12,785

 

13,862

 

21,882

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Contract Balances

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

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As of December 31, 

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2022

    

2023

Current contract liabilities

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1,308

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1,637

Long-term contract liabilities

 

828

 

1,072

Total contract liabilities

 

2,136

 

2,709

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

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The Group recognized revenues that were previously deferred as contract liabilities of RMB655 and RMB686 during the years ended December 31, 2022 and 2023, respectively.