Exhibit 99.1 GreenTree Hospitality Group Ltd. Reports First Half 2023 Financial Results · Total revenues increased by 12.1% year over year to RMB794.2 million (US$109.5 million). · Income from operations was RMB150.9 million (US$20.8 million), compared to RMB-474.3 million for the first half of 2022. · Net income was RMB177.3 million (US$24.5 million), compared to RMB-384.5 million for the first half of 2022. · Adjusted EBITDA (non-GAAP) increased by 137.8% year over year to RMB226.9 million (US$31.3 millio ...

GreenTree Hospitality Group Ltd (NYSE:GHG) Q2 2023 Earnings Conference Call September 18, 2023 9:00 PM ET Company Participants Rene Vanguestaine - Christensen & Associates Alex Xu - Founder, Chairman & CEO Megan Huang - VP, Sales and Marketing Selina Yang - CFO Conference Call Participants Operator Hello, ladies and gentlemen, thank you for standing by for GreenTree's First Half 2023 Earnings Conference Call. At this time all participants are in listen-only mode. [Operator Instructions]. As a reminder, toda ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

Exhibit 99.1 GreenTree Hospitality Group Ltd. Reports Second Half and Fiscal Year 2022 Financial Results · Total revenues decreased by 21.1% year over year to RMB487.8 million (US$70.7 million) for the second half 2022. Organic revenues, excluding revenues of Argyle and Urban, decreased by 15.8% year over year to RMB466.0 million (US$67.6 million) for the second half 2022. · Income from operations increased by 516.4% year over year to RMB20.0 million (US$2.9 million) for the second half 2022. · Adjusted EBI ...

GreenTree Hospitality Group Ltd (NYSE:GHG) Q4 2022 Earnings Conference Call April 6, 2023 9:00 PM ET Company Participants Rene Vanguestaine - Christensen & Associates Alex Xu - Founder, Chairman & CEO Megan Huang - VP, Sales and Marketing Selina Yang - CFO Conference Call Participants Jane Wang - UBS Dan Xu - Morgan Stanley Peter Yang - Goldman Sachs Group Operator Hello, ladies and gentlemen. Thank you for standing by for GreenTree's Second Half and Fiscal Year 2022 Earnings Conference Call. [Operator Inst ...

GreenTree Hospitality Group Ltd. (NYSE:GHG) Q4 2021 Earnings Conference Call May 12, 2022 9:00 AM ET Company Participants Rene Vanguestaine - IR Alex S. Xu - Chairman and CEO Megan Huang - VP, Sales and Marketing Yiping Yang - CFO Conference Call Participants Dan Xu - Morgan Stanley Simon Cheung - Goldman Sachs Billy Ng - Bank of America/Merrill Lynch Don Lau - China Renaissance Securities Unidentified Analyst - UBS Operator Good morning, good afternoon, and good evening, and welcome to the GreenTree Hospit ...

Financial Data and Key Metrics Changes - Total revenues increased by 16.3% year-over-year to RMB310.4 million [18] - Income from operations decreased by 45.6% to RMB54.9 million, with a margin of 17.7% [20] - Net income decreased by 61.5% to RMB33 million, with a margin of 10.6% [20] - Non-GAAP adjusted EBITDA decreased by 33.5% to RMB73.7 million, with a margin of 23.7% [20] - Earnings per share decreased by 59.3% to RMB0.33 [21] Business Line Data and Key Metrics Changes - The company opened 182 new hotels in Q3 2021, less than planned due to COVID-19 impacts [14] - At the end of Q3 2021, the company had 4,626 hotels in operation, a 10.3% increase year-over-year [15] - The mid-scale segment accounted for 62.9% of all hotels, while mid to upscale and luxury hotels accounted for 11.2% of the total portfolio [15] Market Data and Key Metrics Changes - RevPAR decreased by 1.4% to RMB118 compared to Q3 2020 [8] - Occupancy rates recovered to 84.3% of their 2019 level, outperforming the industry average [9] - RevPAR for leased and operating (LO) hotels increased to RMB146, while RevPAR for franchisee-managed (FM) hotels decreased to RMB117 [17] Company Strategy and Development Direction - The company is expanding its hotel network in the mid to upscale segment and into Tier 3 and lower cities [11] - 68.7% of new hotels in the current pipeline are located in Tier 3 and lower cities [12] - The company aims to optimize its management and operating systems to improve hotel quality and performance [12] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the current pandemic wave due to their resilient business model and experienced team [12] - The company expects total revenues for the full year of 2021 to grow by 25% to 30% over 2020 levels and by 7% to 12% over 2019 levels [22] Other Important Information - Total hotel operating costs increased by 48.3% year-over-year to RMB258.8 million, primarily due to the opening of new LO hotels [18] - The company closed 98 hotels in Q3 2021, with 59 closures due to noncompliance with brand standards [16] Q&A Session Summary Question: Hotel pipeline and opening expectations - Management expects to open about 700 to 800 hotels next year, despite a slower pace of openings due to COVID-19 impacts and higher requirements for hotel openings [24][25] Question: Future hotel closures - Management indicated that the closure rate will likely not exceed the levels experienced in 2021, as they aim to stabilize RevPAR [27][30] Question: Expansion of LO hotels - Management does not plan to significantly increase the number of LO hotels unless opportunities arise in areas with weak presence [31][32] Question: Margin trends and loss-making hotels - Newly opened hotels contributed a loss of RMB32 million, impacting margins; excluding these, EBITDA margin would increase to 38.5% [36]