The best news paper website

Green Tree Leads As Fourth Largest In China, Reveals First Quarter Earnings Soon

17


Saturday, June 22, 2024

Reading Time: 2 minutes

GreenTree Hospitality Group Ltd. (NYSE: GHG) (“GreenTree” or the “Company”), a premier hospitality management group in China, has announced it will release its unaudited financial results for the first quarter ending March 31, 2024, on Tuesday, June 25, 2024. The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) on the same day.

GreenTree Hospitality Group Ltd. (“GreenTree” or the “Company”) (NYSE: GHG) stands as a prominent hospitality management entity in China. As of December 31, 2023, GreenTree oversees a robust portfolio comprising 4,238 hotels and 194 restaurants.In 2022, HOTELS magazine ranked GreenTree as the 12th largest global hotel group by hotel count in its annual HOTELS’ 225 listing.Furthermore, the China Hospitality Association ranked GreenTree as the fourth largest hospitality company in China in the same year. Notably, in 2023, GreenTree successfully acquired Da Niang Dumplings and Bellagio, two renowned restaurant chains within China.

GreenTree Hospitality Group Ltd. (NYSE: GHG) (“GreenTree” or the “Company”), a premier hospitality management group in China, has announced it will release its unaudited financial results for the first quarter ending March 31, 2024, on Tuesday, June 25, 2024. The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) on the same day. This announcement underscores GreenTree’s commitment to transparency and keeping its stakeholders informed of its financial performance and strategic progress.

GreenTree Hospitality Group Ltd. (“GreenTree” or the “Company”) (NYSE: GHG) stands as a prominent hospitality management entity in China. As of December 31, 2023, GreenTree oversees a robust portfolio comprising 4,238 hotels and 194 restaurants. This extensive network reflects the company’s significant growth and widespread influence in the hospitality industry. In 2022, HOTELS magazine ranked GreenTree as the 12th largest global hotel group by hotel count in its annual HOTELS’ 225 listing. Furthermore, the China Hospitality Association ranked GreenTree as the fourth largest hospitality company in China in the same year, highlighting its substantial market presence and operational scale.

Notably, in 2023, GreenTree successfully acquired Da Niang Dumplings and Bellagio, two renowned restaurant chains within China. These acquisitions have not only expanded GreenTree’s footprint in the food and beverage sector but also diversified its service offerings, catering to a broader customer base. These strategic moves are in line with GreenTree’s vision to enhance its competitive edge and drive sustainable growth. As the company continues to evolve and expand, stakeholders eagerly anticipate the upcoming earnings release to gain insights into GreenTree’s performance and future direction.



Source link

Leave A Reply

Your email address will not be published.