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Atour Lifestyle Holdings Limited American Depositary Shares - ATAT STOCK NEWS

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Rhea-AI Summary
Atour Lifestyle Holdings has filed its 2023 Annual Report on Form 20-F with the SEC, showcasing its financial performance for the fiscal year ended December 31, 2023. The report is accessible on the Company's investor relations website and the SEC's website, with hard copies available for shareholders and ADS holders upon request.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
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Rhea-AI Summary
Atour Lifestyle Holdings (ATAT) reports robust growth in 2023 with net revenues increasing by 106.2% year-over-year to RMB4,666 million. Adjusted net income surged by 248.3% to RMB903 million. The company aims to operate 2,000 premier hotels by 2025 and establish the 'Chinese Experience' as an industry benchmark.
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Rhea-AI Summary
Atour Lifestyle Holdings (ATAT) reports significant growth in net revenues and income for the fourth quarter and full year of 2023. The company's operational highlights include a substantial increase in the number of hotels and hotel rooms, recovery of average daily room rates, occupancy rates, and revenue per available room. Atour's retail business also saw a remarkable increase in GMV for the year. Financially, net revenues, adjusted net income, EBITDA, and adjusted EBITDA all showed substantial growth year-over-year. The company's founder and CEO, Mr. Haijun Wang, expressed satisfaction with the results and highlighted their commitment to further enhancing product offerings and brand value in 2024.
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Rhea-AI Sentiment
End-of-Day
-5.58%
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Rhea-AI Summary
Atour Lifestyle Holdings Limited (NASDAQ: ATAT) will release its unaudited financial results for Q4 and full year 2023 on March 28, 2024. The company will host a conference call for investors and analysts to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
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conferences earnings
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Rhea-AI Summary
Atour Lifestyle Holdings Limited (NASDAQ: ATAT) announced the pricing of an upsized registered secondary underwritten offering by entities affiliated with Legend Capital of an aggregate of 9,600,000 American depositary shares (ADSs) at an offering price of US$15.80 per ADS, with gross proceeds amounting to approximately US$151.7 million. The Company will not receive any proceeds from the sale of the ADSs by Legend Capital. The closing of the Secondary Offering will be subject to customary closing conditions.
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Rhea-AI Sentiment
End-of-Day
2.14%
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Rhea-AI Summary
Atour Lifestyle Holdings Limited (NASDAQ: ATAT) announced a proposed registered underwritten offering by entities affiliated with Legend Capital of 8,000,000 ADSs, with a 30-day option for the underwriters to purchase up to 1,200,000 additional ADSs. The Company will not receive any proceeds from the sale of the ADSs by Legend Capital. BofA Securities, Inc., CMB International Capital Limited, and Citigroup Global Markets Inc. act as the joint bookrunners for the proposed Secondary Offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.81%
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none
Rhea-AI Summary
Atour Lifestyle Holdings Limited (NASDAQ: ATAT) reported a significant increase in net revenues and net income for the third quarter of 2023. The company's operational highlights included a rapid increase in the number of hotels and hotel rooms, improved average daily room rate, occupancy rate, and revenue per available room. Atour also achieved outstanding results in its scenario-based retail business, with a significant increase in gross merchandise value. The company's CEO expressed confidence in the sustained growth and strong performance across business lines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
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Rhea-AI Summary
Atour Lifestyle Holdings Limited will report its unaudited financial results for the third quarter 2023 on November 16, 2023. The company will host a conference call at 8:00 AM U.S. Eastern time on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
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conferences earnings
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Rhea-AI Impact
Rhea-AI Sentiment
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5.97%
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Rhea-AI Summary
Rhea-AI Impact
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5.97%
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dividends
Atour Lifestyle Holdings Limited American Depositary Shares

Nasdaq:ATAT

ATAT Rankings

ATAT Stock Data

2.45B
131.86M
13.4%
23.63%
0.88%
Travel Agencies
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
Shanghai