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flag GreenTree Hospitality Group saw a 15% revenue drop in Q3 2025 due to lower hotel and restaurant performance.

flag GreenTree Hospitality Group reported third-quarter 2025 results showing a 15% year-over-year revenue decline to CNY 303.6 million, driven by lower hotel and restaurant performance. flag Hotel revenues fell 11.3% due to reduced RevPAR, average daily rates, and occupancy. flag Restaurant revenues dropped, with lower average sales per store and tickets. flag Net income was CNY 60.8 million, down from CNY 65.5 million. flag Adjusted EBITDA decreased 6.1%, but cash from operations rose 3.8%. flag The company operated 4,533 hotels and 185 restaurants, with 1,248 hotels in its development pipeline as of September 30, 2025.

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