GreenTree Hospitality Reports Growth In New Hotel Openings & RevPAR Recovery In Q1
GreenTree Hospitality Reports Growth In New Hotel Openings & RevPAR Recovery In Q1
GreenTree Hospitality Group Ltd. (NYSE:GHG) announced preliminary results of the first quarter of 2023, where revenues are expected to be $54 million-$56.7 million.
格林豪泰酒店集团有限公司 纽约证券交易所代码:GHG)公布了2023年第一季度的初步业绩,预计收入为5400万至5,670万美元。
During the first quarter, the company opened 91 hotels, an increase of three hotels from the year-ago quarter. Of these, 12 were in the mid-to-up-scale segment, 50 were in the mid-scale segment, and 29 were in the economy segment.
在第一季度,该公司开设了91家酒店,比去年同期增加了3家酒店。其中,12个属于中高档细分市场,50个属于中规模细分市场,29个属于经济细分市场。
Total revenues from organic hotels increased by 16.8% year over year to $36.8 million.
有机酒店的总收入同比增长16.8%,达到3,680万美元。
Income from operations are estimated to be $8.1 million-$8.8 million.
运营收入估计为810万至880万美元。
Income from operations of organic hotels are expected to jump by 397.4% Y/Y to $8.3 million.
有机酒店运营收入预计将同比增长397.4%,至8美元。3 百万。
In the first quarter, 4,084 hotels (all organic hotels) were operational, higher than 3,907 organic hotels in the year-ago period.
第一季度,有4,084家酒店(均为有机酒店)投入运营,高于去年同期的3,907家有机酒店。
The average daily room rate, or ADR, for all organic hotels in operation increased 8.1% year over year.
所有运营中的有机酒店的平均每日房价(ADR)同比增长8.1%。
The revenue per available room, or RevPAR, jumped 24.8% year over year.
每间可用房间的收入(RevPAR)同比增长24.8%。
"RevPAR recovered to 94.3% of its first quarter of 2019 level," said Mr. Alex Xu, Chairman and Chief Executive Officer of GreenTree.
格林豪泰董事长兼首席执行官Alex Xu表示:“RevPAR恢复至2019年第一季度水平的94.3%。”
The restaurant business is estimated to have generated a combined unaudited revenue of about $17.3 million to $19.9 million in the first quarter of 2023.
据估计,餐饮业务未经审计的总收入约为17美元。300 万到 19 美元。2023年第一季度为900万。
GreenTree expects to release its first quarter together with the second quarter of 2023 financial results around mid-September of 2023.
格林豪泰预计将在2023年9月中旬左右发布其第一季度和2023年第二季度财务业绩。
"As we entered the second quarter, RevPAR during the national Labor Day holiday in early May reached more than 120% of its level in the same period in 2019, capitalizing on the popularity of travel during the national holiday period," Xu added.
徐补充说:“随着我们进入第二季度,利用国定假日期间旅行的受欢迎程度,5月初全国劳动节假期期间的RevPAR达到了2019年同期水平的120%以上。”
Price Action: GHG shares are trading higher by 2.85% to $5.42 on the last check Wednesday.
价格走势: 周三最后一次支票显示,温室气体股价上涨2.85%,至5.42美元。