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Chinese hotel group GreenTree sees a 33% drop in Q1 revenue

2020/6/6 0:35:19
GreenTree Hospitality, a major hotel company in China, reported that its first-quarter revenue dropped 33% this year to RMB 157 million (USD 22 million), having been severely impacted by the outbreak of COVID-19. Net income decreased 110.6% to a net loss of RMB 14 million (USD 2.0 million).

RevPAR plummeted 44.1% to RMB 71 and occupancy declined to 47.3% in the quarter.
Author:管理员

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Swisstouches Hotel Nanjing traffic info

Business zone:Jiangpu and Tangquan area
Area:pukouqu
Address:Jiangsu · Nanjing · pukouqu - 207 Pubin Road,Pukou District,Jiangbei New Area,nanjing 210000,Jiangshu, China

Swisstouches Hotel Nanjing reserve:020-86009099 (CouponCode:13955) Busy or no answer, online booking please!
Catering Entertainment:025-58409999   Meeting room reserve

Swisstouches Hotel Nanjing address: 207 Pubin Road,Pukou District,Jiangbei New Area,nanjing 210000,Jiangshu, China

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