Press Releases
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Nov 21, 2024
Total revenues decreased by 22.5% year over year to RMB357.0 million (US$50.9 million)[1]. Income from operations was RMB106.4 million (US$15.2 million)[1] compared to RMB137.8 million for the...
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Nov 18, 2024
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Aug 15, 2024
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced that its board of...
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Aug 15, 2024
Total revenues decreased by 20.5% year over year to RMB 329.7million (US$45.4 million)[1]. Income from operations was RMB84.4 million (US$11.6 million)[1] compared to RMB98.6 million for the...
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Aug 12, 2024
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Jun 25, 2024
Total revenues decreased 7.1% year over year to RMB352.2 million (US$48.8 million)[1]. Hotel revenues increased 8.8% year over year to RMB274.8 million. Income from operations was RMB72.2 million...
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Jun 22, 2024
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Apr 30, 2024
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the...
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Mar 25, 2024
Total revenues increased by 3.2% year over year to RMB372.2 million (US$52.4 million)[1]. Income from operations was RMB23.1 million (US$3.2 million) compared to RMB-5.1 million for the fourth...
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Mar 18, 2024
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Nov 21, 2023
Total revenues increased by 15.3% year over year to RMB460.9 million (US$63.2 million)[[1]]. Income from operations was RMB137.8 million (US$18.9 million), compared to RMB3.7 million for the third...
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Nov 15, 2023
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Sep 18, 2023
Total revenues increased by 12.1% year over year to RMB794.2 million (US$109.5 million)[1]. Income from operations was RMB150.9 million (US$20.8 million)[1], compared to RMB-474.3 million for the...
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Sep 15, 2023GreenTree to Report First Half 2023 Financial Results After U.S. Markets Close on September 18, 2023
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Jul 12, 2023
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China, today announced selected preliminary results for...
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Apr 28, 2023
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the...
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Apr 6, 2023
Financial Results Total revenues decreased by 21.1% year over year to RMB487.8 million (US$70.7 million) [[1]] for the second half 2022. Organic revenues, excluding revenues of Argyle and Urban,...
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Mar 31, 2023
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Dec 27, 2022
Total revenues decreased by 22.3% year over year to RMB457.4 million (US$68.3 million) [1]. Adjusted EBITDA (non-GAAP) [2] decreased by 46.8% year over year to RMB93.3 million (US$13.9...
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Dec 20, 2022GreenTree Announces Date to Report First Half 2022 Financial Results and Additional Business Updates
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Oct 8, 2022
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced certain operating data of GreenTree's organically...
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May 18, 2022
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the...
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May 16, 2022
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GHG" or the "Company"), a leading hospitality management group in China, today announced that it has entered into a definitive agreement (the "Sale...
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May 11, 2022
Total revenues increased by 6.1% year over year to RMB307.4 million (US48.2 million)[1] for the fourth quarter 2021. Income from operations decreased by 69.5% year over year to RMB36.1 million (US$5.7
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Apr 29, 2022
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Jan 12, 2022
Total revenues increased 16.3% year-over-year to RMB310.4 million (US$48.2 million)[1]. Income from operations decreased 45.6% year-over-year to RMB54.9 million (US$8.5 million) [1]. Adjusted...
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Dec 30, 2021
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Dec 20, 2021
Dear Shareholders: Thank you for your continuing support and confidence in GreenTree Hospitality Group's people and leadership. 2021: A significant rebound The outbreak of the Covid-19 pandemic...
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Dec 16, 2021
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China, today announced that it held its 2021 annual...
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Nov 15, 2021
Total revenues increased 60.7% year-over-year to RMB347.1million (US$53.8 million) [[1]]. Income from operations increased 42.5% year-over-year to RMB89.3 million (US$13.8 million) [1]. Adjusted...
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Nov 5, 2021
GreenTree Hospitality Group Ltd. (NYSE: GHG), a leading hospitality management group in China ("GreenTree" or the "Company"), today announced that it will hold its annual general meeting of...
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Nov 5, 2021
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Jul 28, 2021
Total revenues increased 53.3% year-over-year to RMB241.2 million (US$36.8 million) [1] . Income from operations increased 64.9% year-over-year to RMB61.4 million (US$9.4 million) [1]. Adjusted...
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Jul 14, 2021
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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May 1, 2021
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the...
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Apr 14, 2021
Continuous Recovery Total revenues increased 8.6% to RMB289.8 million (US$44.4 million) [1] from RMB266.9 million in the third quarter. Income from operations increased 17.4% to RMB118.5 million...
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Apr 6, 2021
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Dec 2, 2020Steady and Continuous Recovery
Total revenues increased 23.6% to RMB266.9 million (US$39.3 million) [1] from RMB216.0 million in the second quarter. Income from operations increased 61.1% to RMB100.9 million (US$14.9 million)...
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Nov 12, 2020
GreenTree Hospitality Group Ltd. (NYSE: GHG), a leading hospitality management group in China ("GreenTree" or the "Company"), today announced that it will hold its annual general meeting of...
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Nov 12, 2020
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Aug 13, 2020
The Company's operations and performance, while still impacted by COVID-19, showed a steady recovery in the second quarter. A total of 4,066 hotels with 296,307 hotel rooms were in operation as of...
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Jul 17, 2020
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Jun 4, 2020
The Company's operations and performance were severely impacted by the outbreak of COVID-19 that resulted in the lock-down of certain cities, business closures, and restrictions on travel imposed...
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May 29, 2020
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced it has been added to the MSCI China Small Cap Index,...
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May 19, 2020
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised and managed hotel chain in China, today announced that it already filed its annual report on Form...
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May 15, 2020
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Apr 14, 2020
A total of 3,957 hotels with 290,026 hotel rooms were in operation as of December 31, 2019, compared to 3,102 hotels and 245,705 hotel rooms as of September 30, 2019, and compared to 2,757 hotels...
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Mar 25, 2020
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Nov 20, 20192.7% RevPAR growth
A total of 3,102 hotels with 245,705 hotel rooms in operation as of September 30, 2019, compared to 2,955 hotels and 236,557 hotel rooms as of June 30, 2019. Total revenues increased 20.1% to...
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Oct 23, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results...
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Oct 21, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China, today announced that it held its 2019 annual...
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Sep 10, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG), a leading hospitality management group in China ("GreenTree" or the "Company"), today announced that it will hold its annual general meeting of...
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Aug 16, 2019
Revenue Increased by 20% for the Sixth Consecutive Quarter A total of 2,955 hotels with 236,557 hotel rooms in operation as of June 30, 2019, compared to 2,829 hotels and 225,757 hotel rooms as of...
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Jul 23, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised hotel operator in China, today announced that it will report its unaudited financial results for...
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May 24, 2019
A total of 2,829 hotels with 225,757 hotel rooms were in operation as of March 31, 2019, compared to 2,757 hotels and 221,529 hotel rooms as of December 31, 2018. Total revenues increased 20.1%...
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May 8, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised hotel operator in China, today announced that it will report its unaudited financial results for...
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May 1, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised and managed hotel chain in China, today announced that it has entered into a Strategic Cooperation...
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Apr 30, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised and managed hotel chain in China, today announced that it filed its annual report on Form 20-F for...
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Mar 14, 2019
A total of 2,757 hotels with 221,529 hotel rooms were in operation as of December 31, 2018, compared to 2,558 hotels and 209,463 hotel rooms as of September 30, 2018, and compared to 2,289 hotels...
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Mar 11, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised and managed hotel chain in China, today announced that it has subscribed shares in Zhejiang New...
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Feb 25, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised hotel operator in China, today announced that it will report its unaudited financial results for...
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Jan 28, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised and managed hotel chain in China, today announced that it has entered into a share purchase...
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Jan 22, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised hotel operator in China, today announced that its board of directors approved the payment of a...
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Jan 18, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised hotel operator in China, today announced that it has closed a HK$40 million investment to acquire...
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Jan 2, 2019
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading franchised hotel operator in China, today announced that the term of Ms. Jasmine Xin Yue...
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Nov 19, 2018
A total of 2,558 hotels with 209,463 hotel rooms were in operation as of September 30, 2018, as compared to 2,434 hotels and 201,275 hotel rooms as of June 30, 2018. Total revenues increased 21.6%...
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Oct 26, 2018
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised hotel operator in China, today announced that it will report its unaudited financial results for...
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Aug 23, 2018
A total of 2,434 hotels with 201,275 hotel rooms were in operation as of June 30, 2018, as compared to 2,354 hotels and 195,552 hotel rooms as of March 31, 2018. Total revenues increased 20.3%...
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Aug 7, 2018
GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading franchised hotel operator in China, today announced that it will report its unaudited financial results for...
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May 15, 2018
A total of 2,354 hotels with 195,552 hotel rooms were in operation as of March 31, 2018, as compared to 2,289 hotels and 190,807 hotel rooms as of December 31, 2017 Total revenues increased 23.3%...
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May 7, 2018
GreenTree Hospitality Group Ltd. ("GreenTree" or the "Company") (NYSE: GHG), a leading franchised hotel operator in China, today announced that it will report its financial results for the quarter...