GreenTree Hospitality Versus Peers in Ten Charts: Operations, Financials, & Valuation at IPO Range
On the afternoon of March 14th, Chinese hotel chain operator Greentree Hospitality Group (GHG UA) released a price range of US$16-18 per ADS for...
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GreenTree Hospitality Pre-IPO Review -Â Large Dividend Payout Makes the Need for an IPO Questionable
Greentree Hospitality Group (GHG UA) plans to raise up to US$200m in its IPO primarily to fund its expansion. The company is one of the largest...
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GreenTree IPO Preview: Stay with Me
Greentree Hospitality Group (GHG UA) filed for an NYSE IPO to raise $200 million on 27 February. It is the leading pure-play franchised hotel...
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In Five Charts, China Lodging Group (HTHT:US)Â Shows Why Ctrip's Role Is Diminishing
Since we began writing here at Smartkarma almost two years ago, we have been arguing that Ctrip.com International (ADR) (CTRP US) and other travel...
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2018 IPO/M&A Activity Preview: Chinese Tourism Sector Should See Consolidation of Hotel Chains
The objective of this note is to identify important near-term drivers of M&A activity in China's fast-growing tourism sector. We'll also...
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