GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2022
SHANGHAI, April 28, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group inChina, today announced that it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2022 with the U.S. Securities an...
GreenTree Hospitality Group Ltd. Reports Second Half and Fiscal Year 2022
Financial Results * Total revenues decreased by 21.1% year over year to RMB487.8 million (US$ 70.7million) [[1]] for the second half 2022. Organic revenues, excluding revenues of Argyle and Urban, decreased by 15.8% year over year toRMB466.0 million (US$67.6 million) for the second half 2022. ...
GreenTree Announces Date to Report Second Half and Fiscal Year 2022 Financial Results and Additional Business Updates
SHANGHAI, March 31, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group inChina, today announced that it will report its unaudited financial results for the six months endedDecember 31, 2022 as well as certain op...
GreenTree Hospitality Group Ltd. Reports First Half 2022 Financial Results
* Total revenues decreased by 22.3% year over year to RMB457.4 million (US$ 68.3 million) [1]. * Adjusted EBITDA (non-GAAP) [2] decreased by 46.8% year over year to RMB93.3 million (US$13.9 million)[1]. * Core net income (non-GAAP) [3] decreased by 13.7% year over year to RMB105.9 million (U...
GreenTree Announces Date to Report First Half 2022 Financial Results and Additional Business Updates
SHANGHAI, Dec. 20, 2022 /PRNewswire/ -- 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 for the six months endedJune 30, 2022 as well as certain operati...
GreenTree Hospitality Group Ltd. Announces Certain Operating Data for the Six Months Ended June 30, 2022 and Additional Business Updates
SHANGHAI, Oct. 8, 2022 /PRNewswire/ -- 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 developed leased-and-operated ("L&O") and franchised-and-managed ("...
GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2021
SHANGHAI, May 18, 2022 /PRNewswire/ -- 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 fiscal year endedDecember 31, 2021 with the U.S. Securities and ...
GHG Announces Proposed Acquisition of Da Niang Dumplings and Bellagio from GTI
SHANGHAI, May 16, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GHG" or the "Company"), a leading hospitality management group inChina, today announced that it has entered into a definitive agreement (the "Sale and Purchase Agreement") to acquire Da Niang Dumplings and Bella...
GreenTree Hospitality Group Ltd. Reports Fourth Quarter and Fiscal Year 2021 Financial Results
* 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 million) [1] for the fourth quarter 2021. * Adjusted EBITDA (non-GAAP) [2] decreased by...
GreenTree Announces Date to Report Fourth Quarter 2021 Financial Results and Potential Acquisition
SHANGHAI, April 29, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group inChina, today announced that it will report its unaudited financial results for the quarter endedDecember 31, 2021, after U.S. markets clos...
GreenTree Hospitality Group Ltd. Reports Third Quarter 2021 Financial Results
* 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 EBITDA (non-GAAP) [2] decreased 33.5% year-over-year to RMB73.7 million (US$11.4 million) [1]...
GreenTree to Report Third Quarter 2021 Financial Results on January 12, 2022
SHANGHAI, Dec. 30, 2021 /PRNewswire/ -- 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 for the quarter endedSeptember 30, 2021, after U.S. markets clos...
Chairman's Letter 2021
SHANGHAI, Dec. 20, 2021 /PRNewswire/ -- 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 adversely affected the hospitality industry world-wide in the...
GreenTree Hospitality Group Ltd. Announces Results of 2021 Annual General Meeting
SHANGHAI, Dec. 16, 2021 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group inChina, today announced that it held its 2021 annual general meeting of shareholders onDecember 16, 2021. During the mee...
GreenTree Hospitality Group Ltd. Reports Second Quarter 2021 Financial Results
* 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 EBITDA (non-GAAP) [2] increased 44.0% year-over-year to RMB111.2 million (US$17.2 million)...
GreenTree to Hold Annual General Meeting on December 15, 2021
SHANGHAI, Nov. 5, 2021 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG), a leading hospitality management group inChina ("GreenTree" or the "Company"), today announced that it will hold its annual general meeting of shareholders at 2451 Hongqiao Road, Changning District,Shanghai 20033...
GreenTree Hospitality Group Ltd. Reports First Quarter 2021 Financial Results
* 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 EBITDA (non-GAAP) [2] increased 74.3% year-over-year to RMB64.0 million (US$9.8 million)...
GreenTree to Report First Quarter 2021 Financial Results on July 28, 2021
SHANGHAI, July 14, 2021 /PRNewswire/ -- 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 for the quarter endedMarch 31 2021, after U.S. markets close on ...
GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2020
SHANGHAI, May 1, 2021 /PRNewswire/ -- 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 fiscal year endedDecember 31, 2020 with the U.S. Securities and E...
GreenTree Hospitality Group Ltd. Reports Fourth Quarter and Fiscal Year 2020 Financial Results
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 (US$18.2 million) [1] from RMB100.9 million in the third quarter. * Adjusted EBITDA (n...
