The stock of Atour Lifestyle seems to be approaching the all-time high again after strong quarterly numbers!
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Atour Lifestyle from China is a hotel chain operator that I have frequently discussed in the Tenbagger forum and continues to impress with strong growth. On November 25, the company released its Q3 numbers, which were significantly above expectations in both revenue and profit, with revenue increasing by 35% YoY. The company currently operates 1,948 hotels. With over 700 hotel projects in the pipeline, high growth is likely to continue. What I also like is that retail sales of bedding have soared by a remarkable 76%. In the medium term, this could...
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