Investment Rating - The report assigns a "Buy" rating to Atour Lifestyle Holdings Limited (ATAT US) with a target price of $32 5, representing a 23 1% upside from the current price [1] Core Views - Atour is a leading player in China's mid-to-high-end hotel industry, with a strong brand and high-quality service [1] - The company has achieved rapid expansion through a light-asset franchise model, with 1,412 hotels and 161,686 rooms as of FY24Q2 [1] - Atour has developed a robust membership system, with over 76 million members and a member repurchase rate increasing from 45% in 2019 to 58% in 2022 [1] - The company's recovery from the pandemic has been industry-leading, with RevPar reaching 114% of 2019 levels [1] - Atour's retail business, Atour Market, has become a significant growth driver, contributing 20 8% of total revenue in 2023 [1] Company Overview - Atour operates six hotel brands and a retail brand, Atour Market, with 1,412 hotels and 161,686 rooms as of FY24Q2 [1][2] - The company has a strong customer satisfaction record, ranking first among six major mid-to-high-end hotel chains since 2017 [2] - Atour's brands include Atour, Atour S, Atour Light, Atour X, Z Hotel, and A T HOUSE, catering to different market segments [3] Business Model - Atour primarily uses a franchise model for expansion, with 98% of its hotels being franchised as of FY24Q2 [10] - The company's revenue is mainly driven by franchise fees, with franchise hotel revenue accounting for 58% of total revenue in 2023 [12] - Atour's retail business has seen rapid growth, with revenue increasing from RMB 69 million in 2019 to RMB 972 million in 2023 [13] Industry Overview - China's hotel industry is undergoing structural changes, with the mid-to-high-end segment growing rapidly [1] - The industry's chain rate has increased from 20% in 2017 to 41% in 2023, with further growth expected to 47 8% by 2026 [17][18] - The mid-to-high-end hotel market is the fastest-growing segment, with total revenue increasing from RMB 19 5 billion in 2016 to RMB 65 9 billion in 2021 [27] Competitive Advantages - Atour has a strong focus on customer experience, with a well-designed service process and a unique "peak-end" service concept [36][37] - The company's membership system is highly effective, with a low entry barrier and attractive benefits, leading to high member loyalty [39][42] - Atour's retail business has become a significant growth driver, with GMV reaching RMB 1 14 billion in 2023, up 253% YoY [48][51] Operational Performance - Atour's operational recovery has been industry-leading, with RevPar reaching 114% of 2019 levels [1] - The company's occupancy rate in 2023 was 78%, close to the industry leader Huazhu Group [53] - Atour's retail business has seen rapid growth, with revenue increasing from RMB 69 million in 2019 to RMB 972 million in 2023 [13]

SHANGHAI, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited (“Atour” or the “Company”) (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, today announced that it will report its unaudited financial results for the third quarter 2024 on Tuesday, November 19, 2024, before the U.S. markets open. The Company will host a conference call at 7:00 AM U.S. Eastern time on Tuesday, November 19, 2024 (or 8:00 PM Beijing/Hong Kong time on the same day). A live webcast of the conferen ...

The primary purpose of a business is to generate profits that can be reinvested for its expansion or utilized for rewarding shareholders. Net profit margin is an effective tool to measure the profits reaped by a business. A higher net margin underlines a company's efficiency in translating sales into actual profits. Moreover, this metric gives insight into how well a company is run and the headwinds weighing on it. Vertiv Holdings Company (VRT) , Limbach Holdings, Inc. (LMB) , Atour Lifestyle Holdings Limit ...

Atour Lifestyle (NASDAQ: ATAT ) is a dominant player in the upper middle segment of China's hotel industry. The Blue Ocean market it is in poises it for consistent growth in the future. Its booming retail segmentLong only, with a focus on Chinese companiesI am currently pursuing a Bachelor of Science from Tsinghua University, majoring in Finance and Economics, with a specialization in Accounting. Investing has always been intriguing for me. I managed to hone my analytical skills in Gen Z club, a student-led ...

Investors can be lured by profits and earnings surprises in the ongoing reporting cycle. However, during this earnings season and beyond, betting on stocks with a healthy cash level can be far more rewarding because cash is the lifeblood of a company’s existence, a measure of resiliency and a revelation of its true financial health.In this regard, stocks like Atour Lifestyle Holdings Limited (ATAT) , Limbach Holdings, Inc. (LMB) , LSI Industries Inc. (LYTS) and Euroseas Ltd. (ESEA) are worth buying.Even aft ...

Atour Lifestyle Holdings Limited’s (ATAT) stock has showcased a remarkable 43.7% rally over the past month, significantly outpacing the industry’s 15.8% rise. The recent increase in share price can be primarily attributed to the fiscal stimulus from the People's Bank of China, which included interest rate cuts and enhanced funding opportunities. Recently, the company also unveiled a three-year annual dividend policy, which boosted investor sentiment.The company’s stock has also outperformed other Consumer D ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

Industry Overview - The Zacks Leisure and Recreation Services Industry ranks in the top 31% of over 250 Zacks industries, with several stocks achieving a Zacks Rank 1 (Strong Buy) status [1] Atour Lifestyle Holdings - Atour Lifestyle Holdings (ATAT) is the largest upper midscale hotel chain in China, operating 834 hotels across 151 cities [2] - Following China's new economic stimulus and deflationary efforts, ATAT's stock has surged over +50% in the last month and +66% year-to-date [2] - Earnings estimates for fiscal 2024 and FY25 have increased by 10% and 5% respectively in the last 60 days, with ATAT trading at a forward earnings multiple of 22.8X [3] - Annual EPS is expected to rise by 32% this year to $1.22, up from $0.92 in 2023, with FY25 EPS projected to grow another 14% [3] - Atour anticipates high double-digit top line growth, aiming for annual sales nearing $1 billion, and offers a 1.51% annual dividend yield [3] - Since going public in November 2022, ATAT's stock has increased by +120% [3] Cruise Lines - The Federal Reserve's interest rate cuts are expected to boost consumer discretionary spending, benefiting Carnival Corporation (CCL) and Norwegian Cruise Line (NCLH), both rated as strong buys [6] - CCL and NCLH have experienced record bookings for 2024, with expectations of a significant rebound in earnings [6] - EPS estimates for both cruise lines have been trending higher over the last 30 days, and they trade at discounts compared to the industry average of 22.5X forward earnings and the S&P 500's 24.4X [6] Market Outlook - Increased spending on leisure and recreation services is anticipated as global inflation eases, which could positively impact the performance of highly-ranked Zacks stocks [7]

Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) shares ended the last trading session 6.2% higher at $27.65. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 37.4% gain over the past four weeks.Shares of ATAT are expected to have gained on the optimism induced by the recent fiscal stimulus from the People's Bank of China (PBOC). This stimulus includes interest rate cuts and additional funding opportunities, op ...

Company Overview - Atour Lifestyle Holdings (ATAT) experienced a stock price increase of 5.11%, with the last trading price at $27.37 per share and a trading volume of 2.02476 million shares [1] - The company reported a revenue of $248 million, a net profit of $41.93 million, an earnings per share (EPS) of $0.30, and a gross profit of $103 million [1] - The price-to-earnings (P/E) ratio for Atour is 26.36x [1] - Institutional ratings for ATAT are entirely positive, with all 14 institutions recommending a buy [1] Industry Insights - The accommodation industry, where Atour operates, saw an overall gain of 0.74% [2] - Significant movers in the sector included Sonder Holdings Inc, Luxurban Hotels Inc., and Huazhu, with Atour being particularly active with a turnover rate of 1.48% [2] - Luxurban Hotels Inc., Sonder Holdings Inc., and GreenTree Hospitality Group showed the most volatility, with price fluctuations of 10.43%, 8.43%, and 6.85%, respectively [2] - Atour operates as a mid- to high-end chain hotel operator in China, generating income through franchise and management fees, sales of hotel supplies, lease operations, and retail products [2]