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INVESTMENTS | 12 Months Ended
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Dec. 31, 2025
INVESTMENTS |
INVESTMENTS | 6.INVESTMENTS The investments as of December 31, 2024 and 2025 were as follows: ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ ​ ​ | 2024 | ​ ​ ​ | 2025
Short-term investments | ​ | ​ | ​ | ​
Equity securities with readily determinable fair values: | ​ | ​ | ​ | ​
Marketable securities |  | 81 |  | 69
Held to maturity investments | ​ | ​ | ​ | ​
Bank time deposits and financial products | ​ | 3,522 | ​ | 4,825
Total | ​ | 3,603 | ​ | 4,894
​ | ​ | ​ | ​ | ​
Long-term investments | ​ | ​ | ​ | ​
Equity securities without readily determinable fair values |  | 86 |  | 89
Equity-method investments: |  | ​ |  | ​
AAPC LUB |  | 495 |  | 488
Hotel related funds |  | 404 |  | 374
Other investments |  | 214 |  | 233
Subtotal | ​ | 1,113 | ​ | 1,095
Available-for-sale debt securities: |  | ​ |  | ​
Cjia Group-convertible notes |  | 230 |  | 175
Held to maturity investments | ​ | ​ | ​ | ​
Bank time deposits | ​ | 887 | ​ | 10
Total |  | 2,316 |  | 1,369
​

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