GreenTree Hospitality Group Ltd. Reports Second Quarter 2018 Financial Results

PR Newswire - finance.yahoo.com Posted 6 years ago

.97

1.09

0.16

 

1.69

2.01

0.30

Class B ordinary share-basic and diluted

0.97

1.09

0.16

 

1.69

2.01

0.30

 

Operational Data

 

As of June 30,2017

As of June 30,2018

Total hotels in operation:

2,035

2,434

  Leased and owned hotels

27

26

  Franchised hotels

2,008

2,408

Total hotel rooms in operation

173,836

201,275

  Leased and owned hotels

3,351

3,358

  Franchised hotels

170,485

197,917

Number of cities

242

267

 
 

Quarter Ended

 

June 30,2017

June 30,2018

Occupancy rate (as a percentage)

   

  Leased and owned hotels

72.1%

70.7%

  Franchised hotels

83.5%

82.9%

  Blended

83.2%

82.6%

Average daily room rate  (in RMB)

   

  Leased and owned hotels

182

201

  Franchised hotels

155

163

  Blended

156

164

RevPAR  (in RMB)

   

  Leased and owned hotels

131

142

  Franchised hotels

129

135

  Blended

130

136

 

 

Number of Hotels in Operation

 

Number of Hotel Rooms in Operation

 

As of
June 30, 2017

 

As of
June 30, 2018

 

As of
June 30, 2017

 

As of
June 30, 2018

Economy hotels

172

 

312

 

9,964

 

16,850

Vatica 

83

 

111

 

6,224

 

8,295

Shell

89

 

201

 

3,740

 

8,555

Mid-scale

1,829

 

2,062

 

159,837

 

177,665

GreenTree Inn

1,604

 

1,785

 

141,553

 

155,470

GreenTree Alliance

225

 

277

 

18,284

 

22,195

Business to Mid-to-up-scale

34

 

60

 

4,035

 

6,760

GreenTree Eastern

34

 

59

 

4,035

 

6,650

 VX

0

 

1

 

0

 

110

 Total

2,035

 

2,434

 

173,836

 

201,275

For more information, please contact:

GreenTree

Ms. Selina Yang
Phone: +86-21-3617-4886 ext. 7999
E-mail: ir@998.com

Mr. Nicky Zheng
Phone: +86-21-3617-4886 ext. 6708
E-mail: ir@998.com

Christensen

In Shanghai
Ms. Constance Zhang
Phone: +86-138-1645-1798
E-mail: czhang@christensenIR.com

In Hong Kong 
Ms. Karen Hui 
Phone: +852-9266-4140 
E-mail: khui@christensenIR.com

In US 
Ms. Linda Bergkamp 
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

 
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