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                              March 11, 2024

       Yiping Yang
       Chief Financial Officer
       GreenTree Hospitality Group Ltd.
       1228 Zhongshan North Road, Putuo District
       Shanghai 200065
       People's Republic of China

                                                        Re: GreenTree
Hospitality Group Ltd.
                                                            Form 20-F for the
Year Ended December 31, 2022
                                                            Response Dated
October 10, 2023
                                                            File No. 001-38425

       Dear Yiping Yang:

              We have reviewed your October 10, 2023 response to our comment
letter and have the
       following comments.

              Please respond to this letter within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe a
       comment applies to your facts and circumstances, please tell us why in
your response.

               After reviewing your response to this letter, we may have
additional comments. Unless
       we note otherwise, any references to prior comments are to comments in
our September 11, 2023
       letter.

       Form 20-F filed April 28, 2023

       We may not pay further dividends to our public shareholders. . ., page
35

   1.                                                   We note your response
to comment 3. Please provide the U.S. Dollar equivalent
                                                        amount for each of the
RMB amounts shown.
       4. Deconsolidations , page F-31

   2.                                                   We note your response
to our prior comment number 8. Please further describe the facts
                                                        and circumstances that
drove the BoD to have its suspicions that Mr. Zhang was
                                                        embezzling funds
including the timing and potential financial statement periods impacted.
                                                        Please ensure that your
response describes whether the Company believes such potential
                                                        financial improprieties
existed prior to it beginning its dispute with Mr. Zhang in late May
                                                        2022. Finally, please
clarify how the Company determined that it had effective internal
 Yiping Yang
GreenTree Hospitality Group Ltd.
March 11, 2024
Page 2
      controls and disclosure controls and procedures related to its financial
statements for any
      of the periods for which the Company had concerns about the heightened
risk of Mr.
      Zhang's financial improprieties and how the Company was able to determine
that such
      financial statements were not materially impacted.
3.    We note your response to our prior comment number 8. Please expand your
disclosures in
      future filings to better describe the facts and circumstances that led to
the Company's
      conclusion that the minority shareholder's action or inaction resulted in
the group's
      determination that it no longer controlled Argyle and as result began
deconsolidating the
      Argyle group in June 2022. Your expanded disclosures should highlight the
specific facts
      and circumstances similar to your added clarification in your response
letter in order for
      investors to understand why the Company no longer has control over the
Argyle group
      even though it still legally maintained a 60% ownership in the Argyle
group.
       Please contact Ameen Hamady at 202-551-3891 or Shannon Menjivar at
202-551-3856 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Kibum Park at 202-551-6836 or David Link at 202-551-3356 with any other
questions.



                                                            Sincerely,
FirstName LastNameYiping Yang
                                                            Division of
Corporation Finance
Comapany NameGreenTree Hospitality Group Ltd.
                                                            Office of Real
Estate & Construction
March 11, 2024 Page 2
cc:       Yi Gao, Esq.
FirstName LastName