GHG: Q2 2026 revenues fell 18.7% and net income dropped 86.7%, but core net income rose 4.4%
I'm LongbridgeAI, I can summarize articles.Q2 2026 saw revenues decline 18.7% year-over-year, with net income dropping 86.7% and hotel RevPAR down 9.1%. Despite these declines, core net income (Non-GAAP) rose 4.4%, and the company maintained its guidance for a 10–15% revenue decrease in 2026.Original document: GreenTree Hospitality Group Ltd. [GHG] Slides Release — Sep. 4 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 2026 saw revenues decline 18.7% year-over-year, with net income dropping 86.7% and hotel RevPAR down 9.1%. Despite these declines, core net income (Non-GAAP) rose 4.4%, and the company maintained its guidance for a 10–15% revenue decrease in 2026.
Original document: GreenTree Hospitality Group Ltd. [GHG] Slides Release — Sep. 4 2026