NEWS WRAP: Atour’s revenue grows 30% on strong gains for retail business
The hotel operator’s retail business grew 67% in the first quarter, and now accounts for more than a third of its revenue By Doug Young Atour Lifestyle Holdings Ltd.…
Macao’s gaming fatigue takes the roar out of MGM China
Once a favorite of investment banks for its strong post-pandemic performance, MGM China’s business started to contract in the first quarter of 2025 Key Takeaways: MGM China’s revenue fell 3%…
Tongcheng beefs up its hotel management, as Wanda buys more time
China’s third-largest online travel company is buying the hotel management unit of a former highflying operator now struggling to stay one step ahead of its creditors Key Takeaways Tongcheng has…
Overseas losses put wrinkle in H World’s welcome mat
The hotel operator’s overseas revenue grew last year, but its widening losses sharply dragged down the company's overall profit Key Takeaways: H World reported its profit dropped nearly 27% in…
Atour relies on network expansion to counter economic slowdown
The hotel operator’s revenue rose 55% last year, but it forecast the growth would slow to about half that level in 2025 Key Takeaways: Atour’s revenue rose 38.5% in the…
BRIEF: SJM to buy commercial building in Hengqin for $75 million
Casino operator SJM Holdings Ltd. (0880.HK) announced on Wednesday that it has agreed to buy a nine-story office building in Zhuhai’s Hengqin district from Shun Tak (0242.HK) for 546 million…
BRIEF: Atour posts strong revenue, profit gains as travel rebound slows
Hotel operator Atour Lifestyle Holdings Ltd. (ATAT.US) reported on Tuesday its revenue rose 47% year-on-year to 1.9 billion yuan ($262 million) in the third quarter, driven by strong growth for…
Recent Articles
Tongcheng beefs up its hotel management, as Wanda buys more time
0780.HK
0169.HK
Overseas losses put wrinkle in H World’s welcome mat
1179.HK
HTHT.US
BRIEF: SJM to buy commercial building in Hengqin for $75 million
0880.HK
0242.HK
RELATED ARTICLES
-
Atour relies on network expansion to counter economic slowdown
-
Tongcheng beefs up its hotel management, as Wanda buys more time
0780.HK 0169.HK
-
‘Revenge travel’ slowdown puts damper on Trip.com’s banner year
9961.HK
-
Overseas losses put wrinkle in H World’s welcome mat
1179.HK HTHT.US
-
Horizon’s lead grows in smart driving race with new product rollouts
9660.HK
- How did instant retail trigger China’s ‘second takeout war’?
- NEWS WRAP: Lalatech targets new markets as global contribution grows
