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SEGMENT | 6 Months Ended
--- | ---
Jun. 30, 2024
SEGMENT |
SEGMENT | 13.SEGMENT ​ 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 used adjusted EBITDA, which is defined as EBITDA before share-based compensation expenses, gain (loss) from fair value changes of equity securities, foreign exchange gain (loss) and gain (loss) on disposal of investments, as segment profit measure as the CODM used adjusted EBITDA to evaluate the performance of each segment. The following table provides a summary of the Group’s operating segment results for the six months ended June 30, 2023 and 2024. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Six Months Ended June 30,
​ | ​ | 2023 | ​ | 2024
​ |  | Legacy |  | Legacy |  | ​ |  | ​ |  | Legacy |  | Legacy |  | ​ |  | ​
​ | ​ | Huazhu | ​ | DH | ​ | Elimination | ​ | Total | ​ | Huazhu | ​ | DH | ​ | Elimination | ​ | Total
Leased and owned hotels | ​ | 4,486 | ​ | 1,980 | ​ | — | ​ | 6,466 | ​ | 4,507 | ​ | 2,273 | ​ | (0) | ​ | 6,780
Manachised and franchised hotels | ​ | 3,366 | ​ | 47 | ​ | (3) | ​ | 3,410 | ​ | 4,347 | ​ | 55 | ​ | (5) | ​ | 4,397
Others | ​ | 90 | ​ | 45 | ​ | (1) | ​ | 134 | ​ | 222 | ​ | 30 | ​ | (3) | ​ | 249
Total revenues |  | 7,942 |  | 2,072 | ​ | (4) |  | 10,010 |  | 9,076 |  | 2,358 | ​ | (8) |  | 11,426
Adjusted EBITDA | ​ | 2,801 | ​ | 3 | ​ | (1) | ​ | 2,803 | ​ | 3,393 | ​ | 69 | ​ | (1) | ​ | 3,461
Interest income |  | ​ |  | ​ | ​ | ​ |  | 101 |  | ​ |  | ​ | ​ | ​ |  | 107
Interest expense |  | ​ |  | ​ | ​ | ​ |  | 224 |  | ​ |  | ​ | ​ | ​ |  | 167
Income tax expense |  | ​ |  | ​ | ​ | ​ |  | 502 |  | ​ |  | ​ | ​ | ​ |  | 702
Depreciation and amortization |  | ​ |  | ​ | ​ | ​ |  | 721 |  | ​ |  | ​ | ​ | ​ |  | 674
Share-based compensation | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 61 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 170
Loss from fair value changes of equity securities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 6 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 13
Foreign exchange (gain) loss, net |  | ​ |  | ​ | ​ | ​ |  | (99) |  | ​ |  | ​ | ​ | ​ |  | 116
Gain on disposal of investments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (516) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | —
Net income attributable to H World Group Limited | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 2,005 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 1,726
​ The following table presents total assets for operating segments, reconciled to consolidated amounts: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of
​ | ​ | December 31, 2023 | ​ | June 30, 2024
​ |  | Legacy |  | Legacy | ​ | ​ |  | Legacy |  | Legacy | ​ | ​
​ |  | Huazhu | ​ | DH |  | Total |  | Huazhu | ​ | DH |  | Total
Total assets |  | 44,285 |  | 19,247 |  | 63,532 |  | 43,014 |  | 19,438 |  | 62,452
​ 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. ​
​ | ​ | ​ | ​ | ​
Revenues: |  | Six Months Ended June 30,
​ |  | 2023 |  | 2024
China | ​ | 7,927 |  | 9,056
Germany | ​ | 1,532 |  | 1,691
All others | ​ | 551 |  | 679
Total | ​ | 10,010 |  | 11,426
​ Property and equipment, net, intangible assets, net, right-of-use assets, land use rights, net and goodwill: ​
​ | ​ | ​ | ​ | ​
​ |  | As of
​ |  | December 31, |  | June 30,
​ | ​ | 2023 | ​ | 2024
China | ​ | 28,762 |  | 28,257
Germany | ​ | 12,504 |  | 12,559
All others | ​ | 3,439 |  | 3,545
Total | ​ | 44,705 |  | 44,361
​ Other than China and Germany, there were no countries that individually represented more than 10% of the total revenue for the six months ended June 30, 2023 and 2024, and 10% of the above long lived assets as of December 31, 2023 and June 30, 2024.

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- Definition The entire disclosure for reporting segments including data and tables. 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