| 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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