Financial Growth and Operational Expansion Highlights
Atour Lifestyle Holdings Limited (NASDAQ: ATAT), a premier hospitality and lifestyle company in China, has announced some remarkable financial achievements for the second quarter of 2025. As of June's end, the company has a total of 1,824 hotels in operation, providing 204,784 hotel rooms to meet increasing customer demand.
Substantial Revenue Growth
In an impressive feat, Atour reported a significant 37.4% year-over-year increase in net revenues for the second quarter of 2025, amounting to RMB2,469 million (approximately US$345 million). This substantial growth was largely driven by a sharp rise in revenues from both manachised hotels and retail ventures.
Net Income and Adjusted Financial Performance
The net income for the second quarter soared by 39.8%, totaling RMB425 million (around US$59 million), compared to the same quarter of the previous year. Furthermore, when adjusted for share-based compensation expenses, adjusted net income reached RMB427 million (US$60 million), marking a 30.2% increase year-over-year.
EBITDA and Earnings Adjustments
Reflecting a strong operational performance, EBITDA (non-GAAP) surged by 45.1% to RMB608 million (US$85 million). Adjusted EBITDA also saw a healthy increase of 37.7%, achieving RMB610 million (US$85 million) over the previous year. These figures illustrate Atour's effective cost management and its focus on enhancing profitability.
Operational Performance Indicators
During the second quarter, Atour reported an average daily room rate (ADR) of RMB433, showing a slight decrease from RMB441 in Q2 of 2024. However, the occupancy rate for the hotels stood at 76.4%, down from 78.4% in the previous year. Additionally, revenue per available room (RevPAR) was reported at RMB343, compared with RMB359 for the same quarter in 2024.
Growth in Retail Business
Significantly, the Gross Merchandise Value (GMV) from Atour’s retail segment grew a remarkable 84.6% year-over-year, reaching RMB1,144 million in Q2 2025. This rapid growth indicates a strong consumer affinity for Atour's retail offerings, enhanced by continuous product innovation and brand development.
Future Outlook
Looking ahead, Atour remains committed to its ‘Chinese Experience’ strategy, aiming for sustainable growth and enhanced customer service. The company plans to continue expanding its hotel network and upgrading product offerings in alignment with evolving consumer preferences.
Frequently Asked Questions
What was Atour's revenue growth for Q2 2025?
Atour's net revenues grew by 37.4% year-over-year to RMB2,469 million.
How many hotels does Atour operate as of June 30, 2025?
As of June 30, 2025, Atour operates a total of 1,824 hotels, offering 204,784 rooms.
What is Atour's outlook for the remainder of 2025?
Atour anticipates total net revenues to increase by approximately 30% compared to the previous full year.
How did Atour’s retail segment perform in Q2 2025?
The retail segment recorded GMV growth of 84.6% year-over-year, totaling RMB1,144 million.
What is the average daily room rate reported by Atour?
The average daily room rate (ADR) for Q2 2025 was RMB433.
