Atour revenue climbs 30.5% to RMB3.43 billion
Key points
- Atour Lifestyle Holdings reported third-quarter 2026 net revenue of RMB3.429 billion, up 30.5% year-over-year, driven by hotel operations and retail sales.
- Net income declined 5.5% to RMB448 million, while adjusted net income increased 26.2% to RMB615 million.
- Atour's hotel network reached 2,288 properties, while management expects full-year 2026 revenue growth of 33%–35%.
Atour Lifestyle Holdings (NASDAQ:ATAT) reported third-quarter 2026 net revenue of RMB3.429 billion, up 30.5% year-over-year, as retail and hotel operations recorded higher sales.
Net income declined 5.5% to RMB448 million, despite adjusted net income increasing 26.2% to RMB615 million, reflecting higher share-based compensation expenses.
Retail revenue increased 61% to RMB1.362 billion, while manachised hotel revenue rose 20.4% to RMB1.878 billion and leased hotel revenue declined 18.6% to RMB134 million.
Share-based compensation expenses increased to RMB167 million from RMB13 million a year earlier, while operating cash inflow reached RMB604 million and investing cash outflow totalled RMB1.703 billion.
The hotel network reached 2,288 properties at September 30, 2026, with another 778 manachised hotels under development, while revenue per available room increased to RMB373 from RMB371 a year earlier.
Atour expects full-year 2026 revenue growth of 33%–35% compared with 2025, based on preliminary estimates and current market conditions.
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