GreenTree Hospitality Group Ltd. provided earnings guidance for the year 2024. The company expected total revenues of organic hotel business for the full year of 2024 to grow 7%-12% over the 2023 levels. Furthermore, considering the closure of restaurant LO stores and stores in shopping malls, the company expected total revenues from restaurant and organic hotel businesses for the full year of 2024 to grow 3-5% over the 2023 levels.
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