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REVENUE | 12 Months Ended
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Dec. 31, 2025
REVENUE |
REVENUE | 3.REVENUE Disaggregated Revenues The following tables present the Group’s revenues disaggregated by the nature of the product or service: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ | ​ ​ ​ | 2023 | ​ ​ ​ | 2024 | ​ ​ ​ | 2025
Room revenues | ​ | 11,789 | ​ | 11,806 | ​ | 11,002
Food and beverage revenues |  | 1,333 |  | 1,342 |  | 1,319
Others |  | 674 |  | 695 |  | 622
Leased and owned hotel revenues |  | 13,796 |  | 13,843 |  | 12,943
Central reservation system usage fees, other system maintenance and support fees |  | 2,628 |  | 3,318 |  | 4,301
On-going management and service/royalty fees | ​ | 2,785 | ​ | 3,306 | ​ | 3,957
Reimbursements for hotel manager fees |  | 1,400 |  | 1,752 |  | 2,179
Initial one-time license/franchise fee | ​ | 114 | ​ | 137 | ​ | 181
Other fees |  | 767 |  | 985 |  | 1,078
Manachised and franchised hotel revenues |  | 7,694 |  | 9,498 |  | 11,696
Other revenues |  | 392 |  | 550 |  | 668
Total revenues |  | 21,882 |  | 23,891 |  | 25,307
​ Contract Balances The Group’s contract assets are insignificant at December 31, 2024 and 2025. ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ ​ ​ | 2024 | ​ ​ ​ | 2025
Current contract liabilities | ​ | 1,822 | ​ | 1,823
Long-term contract liabilities |  | 1,351 |  | 1,602
Total contract liabilities |  | 3,173 |  | 3,425
​ The contract liabilities balances above represent deferred revenue on the consolidated balance sheets, as of December 31, 2024 and 2025. The Group recognized revenues that were previously deferred as contract liabilities of RMB800 and RMB860 during the years ended December 31, 2024 and 2025, respectively.

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