GreenTree attracts investors with new green shoots
The hotel operator returned to strong growth in the first quarter, as it closed its purchase of two restaurant chains with strong potential as a new revenue source Key Takeaways:…
Struggling European unit tramples on H World’s post-Covid rebound
Four years after H World’s purchase of Deutsche Hospitality, the European asset continues to post significant losses, despite a post-pandemic recovery Key Takeaways: H World Group’s revenue rose 67% in…
Lots of Room at the Inn: Hotelier H World Bunkers Down for Another Loss
The company’s key performance indicators are approaching pre-pandemic levels, but Covid-related restrictions in China continue to hamper its return to profitability Key Takeaways • H World said its revpar is…
Covid Disruptions Chop Into GreenTree Profit, as It Tries to Focus on Future
Hotel operator’s revenue rose 16% in the third quarter, even as its profit fell by nearly half due to new openings and weakness at existing properties Key Takeaways: GreenTree Hospitality’s…
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