GreenTree Hospitality Group Ltd. (GHG) Returns to Profitability in Q2 2024 [Yahoo! Finance Canada]
GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share (GHG)
Last greentree hospitality group ltd. american depositary shares, each representing one class a ordinary share earnings: 4/14 07:51 am
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Source: Yahoo! Finance Canada
Hospitality Group Ltd. (NYSE:GHG) stands against the other cheap travel stocks to buy according to analysts. Travel continues to roar back after the COVID-19 pandemic devasted the industry. An increase in regional trips, newly emerging travelers, and new destinations continue to power steady spending. McKinsey believes that domestic travel should grow by 3% annually and touch 19 billion lodging nights per year by 2030. Over a similar time frame, international travel is expected to ramp up to the historical average of 9 billion nights. Travel spending should follow a similar trajectory, with an expected $8.6 trillion in traveler outlays in 2024. This represents ~9% of this year's global GDP. Thanks to economic stability, pent-up demand, and recovery momentum, the spending should outpace $2 trillion by 2028 according to the GBTA Business Travel Index Report. Trends in the Business Travel Industry As per GBTA, the business travel industry remains resilient as the sector left the
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GHG
News
- GreenTree Hospitality Group (NYSE:GHG) earnings and shareholder returns have been trending downwards for the last five years, but the stock rallies 28% this past week [Yahoo! Finance]Yahoo! Finance
- GreenTree Hospitality Group (NYSE:GHG) May Have Issues Allocating Its Capital [Yahoo! Finance]Yahoo! Finance
- GreenTree Hospitality Group Ltd. (GHG) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- GreenTree Hospitality Group Ltd. Announces Cash Dividend [Yahoo! Finance]Yahoo! Finance
- GreenTree Hospitality Group Ltd. Announces Cash DividendPR Newswire
GHG
Earnings
- 3/25/24 - Beat
GHG
Sec Filings
- 8/16/24 - Form 6-K
- GHG's page on the SEC website