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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.