GreenTree Hospitality Group Ltd. revenue by segment GHG

Annual Quarterly

GreenTree Hospitality Group Ltd. splits its revenue into 8 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Franchise And Managed Revenues at $76.4 million, 49% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
Revenue
157
184
229
136
189
143
157
137
Continuing Franchise Fees
—
—
—
—
698
+13.2%
share 368.8%
616
-20.6%
share 432.5%
776
share 495.1%
—
Leased And Operated Hotels
—
—
—
—
392
+72.6%
share 207.1%
227
-10.4%
share 159.3%
253
share 161.6%
—
Franchise And Managed Revenues
76
share 48.7%
—
705
+19.8%
share 307.7%
588
-24.8%
share 433.3%
783
share 413.5%
—
—
—
Initial Franchise Fee
—
—
—
—
76
+24.9%
share 40.3%
61
+11.1%
share 42.8%
55
share 35.0%
—
Leased And Operated Revenues
70
share 44.5%
—
788
+12.5%
share 343.7%
700
-27.4%
share 515.4%
964
share 509.2%
—
—
—
Others Revenue
—
—
—
—
40
+56.5%
share 21.0%
25
+262.0%
share 17.9%
7
share 4.5%
—
Others
—
—
—
—
40
+56.5%
share 21.0%
25
+262.0%
share 17.9%
7
share 4.5%
—
Wholesale And Others Revenue
11
share 6.8%
—
134
-25.7%
share 58.6%
181
-18.5%
share 133.0%
222
share 117.0%
—
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

Company profile

Industry
Hotels & Motels (SIC 7011)
Listed as
GHG (NYSE)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Shanghai
SEC filer status
Non-accelerated filer
SEC CIK
1724755

Other Hotels & Motels companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.