GreenTree Hospitality Group Ltd. Announces Certain Operating Data for the Six Months Ended June 30, 2022 and Additional Business Updates

SHANGHAI, Oct. 8, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced certain operating data of GreenTree's organically developed leased-and-operated ("L&O") and franchised-and-managed ("F&M") hotels¹ for the six months ended June 30, 2022, and business updates on the strategically acquired hotels that are owned and operated by Argyle Hotel Management (Beijing) Co., Ltd. ("Argyle" or "Argyle Hotel Group") and Shandong Xinghui Urban Hotel Management Group Co., Ltd. ("Urban" or "Urban Hotel Group").

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