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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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Tai Hu Bay New Century Hotel traffic info

Business zone:Universal Dinosaur City Scenic Area
Area:wujinqu
Address:Jiangsu · Changzhou · wujinqu - No.7 Zhushan Road Wujin District Changzhou China

Tai Hu Bay New Century Hotel reserve:020-86009099 (CouponCode:33912) Busy or no answer, online booking please!
Catering Entertainment:0519-83599999   Meeting room reserve

Tai Hu Bay New Century Hotel address: No.7 Zhushan Road Wujin District Changzhou China

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