Quarterly ResultMay 13, 2026, 06:02 AM
Atour Lifestyle Q1 Net Revenue +47.5% to $408M; Net Income +90.3%
AI Summary
Atour Lifestyle Holdings Ltd reported strong financial results for the first quarter of 2026, with net revenues increasing by 47.5% year-over-year to $408 million and net income soaring by 90.3% to $67 million. The company's hotel network expanded significantly, reaching 2,088 hotels and 232,298 rooms, while its retail business also demonstrated robust growth with a 54.4% increase in revenue. Atour's CEO highlighted steady performance across both hotel and retail segments, driven by network expansion, product innovation, and a focus on quality.
Key Highlights
- Net revenues increased by 47.5% year-over-year to RMB2,811 million ($408 million).
- Net income surged by 90.3% year-over-year to RMB463 million ($67 million).
- Adjusted net income (non-GAAP) rose 42.0% year-over-year to RMB490 million ($71 million).
- EBITDA (non-GAAP) increased by 85.2% year-over-year to RMB689 million ($100 million).
- Hotel network expanded to 2,088 hotels (+20.9% YoY) and 232,298 rooms (+19.4% YoY).
- Retail business revenue grew 54.4% year-over-year to RMB1,071 million ($155 million).
- Q1 2026 ADR was RMB427, occupancy rate 70.6%, and RevPAR RMB312.
- Forecasts full-year 2026 net revenues to increase by 24% to 28% compared to 2025.