
GreenTree Hospitality Group Q3 total revenue drops 15.0% to CNY303.6 million

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GreenTree Hospitality Group's Q3 2025 financial results show a 15% revenue drop to CNY 303.6 million. Income from operations was CNY 70.1 million, net income CNY 60.3 million, and adjusted EBITDA fell 6.1% to CNY 115.0 million. Cash from operations rose 3.8% to CNY 144.5 million. The company operated 4,533 hotels, opened 41 new ones, and had 1,248 in development. Average room rate was CNY 173, with a 71.3% occupancy rate.
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