NasdaqGS:ATATHospitality
Atour Lifestyle Holdings (NasdaqGS:ATAT) Reports Strong Q4 2024 Earnings Despite Decline In Sales
Atour Lifestyle Holdings (NasdaqGS:ATAT) recently reported its fourth quarter and full-year 2024 earnings, showing a strong increase in net income and revenue despite a decline in sales. The firm anticipates a 25% rise in total net revenues for 2025 and plans to open 500 new hotels during the year. Despite these positive developments, the company's stock declined by 11% over the last quarter. This decline occurred amidst a broader market downturn, with the Nasdaq sliding by 6%, largely driven...