Why investors are waiting to check into GreenTree Hospitality
After a big rally for its stock in July as the hotel operator added restaurants to its business menu, the company’s latest financial results received a more cautious reception Key…
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…
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…