Why Investors Favor Chinese Hotel Stocks, Like Atour?
Despite predicted slowdowns, investor confidence remains strong due to robust retail margins.
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Despite predicted slowdowns, investor confidence remains strong due to robust retail margins.
What happened, with direct paths to the underlying reporting
Atour's revenue rose 38.5% in Q4 from new hotel openings. Retail business growth expected to slow to 35% this year. Company forecasts 25% revenue growth amid economic uncertainties. Revenue per available room (RevPAR) dropped 6% year-on-year. Unanimous analyst ratings reflect strong confidence in ATAT.
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