Recent events
Recent events tied to this brand in public sources.
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2020
GreenTree forecasts lower 2020 revenue
GreenTree Hospitality Group forecast that its 2020 total revenue would be 10%–15% lower than in 2019, following an approximately 35% year-over-year decline in same-store average revenue during the first quarter.
2020
GreenTree reports hotel operations resumed
GreenTree Hotel Group said that as of March 31, 93% of its operating hotels had resumed operations following COVID-19-related disruption.
2019
GreenTree reports third-quarter 2019 financial results
GreenTree Hospitality Group Ltd. announced unaudited third-quarter 2019 financial results, reporting total revenue of RMB292.1 million, up 20.1% year over year, and net income of RMB102.2 million, down 28.4%.