Group 1 - The core viewpoint of the report is that Citi remains optimistic about the structural growth of experiential consumption in China, particularly during the Lunar New Year holiday [1] - The demand for leisure travel is expected to remain strong, positively impacting Hainan duty-free sales by China Duty Free Group, as well as room revenue for Atour and Huazhu Group [1] - The trend of outbound tourism in China is anticipated to diversify, with demand for travel to Japan shifting to other Asian regions and domestic travel [1] - The domestic travel momentum is viewed positively, with expectations for it to continue during the Lunar New Year holiday period [1] - Citi reiterates Atour as one of the preferred stocks in the Chinese consumer sector [1]