Struggling European unit tramples on H World’s post-Covid rebound
Four years after H World’s purchase of Deutsche Hospitality, the European asset continues to post significant losses, despite a post-pandemic recovery Key Takeaways: H World Group’s revenue rose 67% in…
HTHT.US
1179.HK
CHINA BULLETIN: China Pumps Up Economy with Cash, But Nobody’s Borrowing
In this week’s issue China rediscovers Australian timber, Oppo ditches chip design and noodle maker Nissin finds savory flavor in falling flour prices. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
Atour shines on tourism rebound, but ‘revenge travel’ likely to be fleeting
The hotel operator’s revenue per available room (revpar) rose above pre-pandemic levels in the first quarter, but the figure is likely to soften through the rest of the year Key…
ATAT.US
Atour gets set for ‘revenge travel’ with major expansion plan
The high-end hotel operator said it plans to have 2,000 hotels in operation by the end of 2025, more than double the 932 at the end of last year Key…
ATAT.US
FAST NEWS: Hotel Operator Atour Jumps 17% in New York Trading Debut
The latest: Shares of Chinese hotel operator Atour Lifestyle Holdings Ltd. (ATAT.US) surged as much as 55% to a high of $17.05 in their trading debut on the Nasdaq last…
CHINA BULLETIN: Sounds of Negativity
In this week’s issue Chinese exports post a shock decline, Guangzhou becomes the latest city to feel the Covid heat, and a new North Star rises over China. On a scale of 1 to 10, we give the week a 6.5 for offshore-listed China stocks.
Rebounding Atour Nears IPO Finish Line With Slashed New York Offering
The upscale hotel operator’s ninth updated prospectus for a U.S. listing lowers its fundraising target to $62 million from previous $350 millionKey Takeaways:Atour has slashed the fundraising target for its…
