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Posted by
Two Blokes Jun 26 -
Filed in
Stock
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2 views
I've turned bullish on Atour Lifestyle, as there are positives for both its retail and hotel units. The retail segment delivered robust GMV expansion at the 618 Festival, which means that a further upward revision in guidance is likely. JD.com's entry into online travel could lower OTA commission rates and boost hotel bookings, benefiting ATAT's hospitality business.