3 Reasons Why I Consider Atour Lifestyle Stock a Buy After the strong quarterly results!
The number of hotels under the Atour brands increased by 24.5% year-on-year to 2,015 units, leading to a revenue growth of 28.1% in this segment.
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Atour Lifestyle is a hotel chain operator that operates exclusively in China. The company is rapidly growing through its so-called "Manachised" model (Management + Franchise), where the company acts as both the franchisor and manager. This is demonstrated by the numbers for Q4, released on March 17. The number of hotels under the Atour brands increased by 24.5% year-on-year to 2,015 units, leading to a revenue growth of 28.1% in this segment. The major advantage of this model is that it requires very little own capital (CapEx) but generates excellent...
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