GreenTree Hospitality Group Ltd.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alex S. Xu
- Full Time Employees
- 2,339
- Sector
- Consumer Cyclical
- Industry
- Travel Lodging
- Address
- 2451 Hongqiao Road Shanghai People's Republic of China 200335
- IPO Date
- Mar 27, 2018
- CIK
- 0001724755
- Website
- 998.com
- Similar Companies
- Business
- GreenTree Hospitality Group Ltd engages primarily in the hospitality and restaurant management industry in China. Founded in 2004 and headquartered in Shanghai, the company operates a diversified portfolio of hotels and restaurants through leased-and-operated and franchised-and-managed models. Its core product offerings include hotel accommodations under various brand names such as GreenTree Inns, Da Niang restaurants, Lu Gang restaurants, Orange Hotel, and CityHome Inn, targeting segments ranging from economy to midscale, upscale, and luxury accommodations. The company also engages in food manufacturing and wholesale, supplying prepared meals and frozen foods to supermarkets, distributors, and restaurant franchisees, alongside providing information technology services related to hospitality operations. GreenTree's hotel operations include a broad network of franchised hotels with substantial room inventory, with over 4,500 hotels and nearly 322,000 rooms as of mid-2025, including a pipeline of more than 1,200 hotels under development or contracted. Its restaurant business is largely franchised, focusing on expanding presence while reducing capital-intensive leased-and-operated locations. The company emphasizes mid-to-upscale market segments, aiming to enhance revenue and margins through quality upgrades and selective retention of flagship leased hotels. GreenTree maintains technology platforms for reservations, property management, and customer relationship management to drive operational efficiency and brand consistency. Recent strategic developments reflect GreenTree's pivot toward franchising and managed properties, reducing exposure to leased-and-operated hotels and restaurants to lower capital intensity and risks. In 2024 and 2025, GreenTree has accelerated hotel openings, planning approximately 480 new hotels in 2025 while phasing out non-core leased-and-operated properties. This repositioning aims to capitalize on rising demand for higher-quality accommodations and improve profitability. Additionally, the company has expanded its food manufacturing and wholesale sides to support franchisees and enhance service offerings across its hospitality segments. These adjustments align GreenTree with broader industry trends focusing on franchising and operational scalability. GreenTree Hospitality Group Ltd operates chiefly within the People's Republic of China, serving business and leisure travelers through its extensive hotel and restaurant network. Key subsidiaries include GreenTree Inns Hotel Management Group, Inc., under which it conducts operations. The company remains a significant player in the Chinese hospitality industry, ranked as one of the largest hotel groups by number of properties, and continues to focus on brand development, service quality, and market expansion within its home market. In summary, GreenTree Hospitality Group Ltd is a leading Chinese hospitality and restaurant management company offering franchised and leased hotel accommodations across various market segments, along with restaurant management, food manufacturing, wholesale distribution, and IT services. It is currently pursuing strategic growth through franchising, portfolio upgrading, and business diversification, with a considerable pipeline of new hotels and an operational focus on mid-to-upscale segments to enhance profitability and market presence. Founded in 2004 and headquartered in Shanghai, the company remains focused on scaling its franchise network while optimizing its leased-and-operated assets.
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