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...
256 Views
GreenTree Hospitality Pre-IPO Review - 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...
242 Views
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...
251 Views
In Five Charts, China Lodging Group (HTHT:US) 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...
244 Views
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...
265 Views