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
Grand Metropark Hotel Nanjing traffic info
Business zone：Xinjiekou area (city center)
Area：xuanwuqu
Address：Jiangsu · Nanjing · xuanwuqu - No.319 Zhongshan East Road Xuanwu District Nanjing 210016 China | 480m from Metro Station:Minggugong
