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GreenTree Hospitality Group Ltd. Reports Second Quarter of 2026 Financial Results

  • GreenTree Hospitality Group Ltd. announced unaudited financial results for the second quarter of 2026, reporting total revenues of RMB235.1 million , representing an 18.7% decrease year-over-year.
  • Hotel revenues declined 16.2% year-over-year to RMB204.6 million , driven by a 9.1% drop in RevPAR and the closure of 13 lease and owned hotels due to lease expirations and strategic reviews.
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GreenTree Hospitality Group Ltd. Reports Second Quarter of 2026 Financial Results

Total revenues decreased by 18.7% year over year to RMB235.1 million (US$34.7 million)[1].Income from operations was RMB48.2 million (US$7.1 million)[1] compared to RMB49.2 million for the second quarter of 2025.Net income was RMB21.3 million (US$3.1 million)[1] compared to RMB160.0 million…

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PR Newswire broke the news in Chicago, United States on Tuesday, August 25, 2026.
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