Atour Lifestyle Holdings Limited American Depositary Shares Earnings Recaps
Q3 2025
Nov 25, 2025
Atour Lifestyle Holdings reported a strong third quarter in 2025, with RevPAR nearly recovering to pre-pandemic levels and record hotel openings demonstrating robust market demand and strategic growth initiatives.
Key takeaways
- RevPAR reached RMB 371.3, recovering to 97.8% of Q3 2024 levels, while occupancy and average daily rates were nearly at par with prior year figures.
- Opened 152 new hotels in Q3, marking a record quarter and expanding total operations to 1,948 hotels, a 27.1% year-over-year increase.
- Saka Hotel's RevPAR exceeded RMB 900, demonstrating strong performance in the upper-scale lifestyle segment with positive market feedback on new properties.
- Atour's innovative product offerings, particularly in the ATURE series, are resonating well with consumers, evidenced by solid revenue per available room growth.
- The pipeline remains strong with 754 hotels under development, aligning with the strategic target of 2,000 premier hotels by year-end.
Q2 2025
Aug 26, 2025
Atour Lifestyle Holdings reported solid growth in the second quarter of 2025, driven by a robust hotel expansion strategy and resilient occupancy levels, despite a challenging market environment.
Key takeaways
- RevPAR reached RMB 343, approximately 96% of Q2 2024 levels, indicating strong demand recovery.
- The company opened 118 hotels in the quarter, boosting total operational hotels to 1,824, a 29.2% year-over-year increase.
- Introducing new brands like SAVHE and Atour Series 4, Atour is enhancing customer experience and targeting diverse market segments to solidify its competitive edge.
- A pipeline of 816 hotels under development positions Atour on track to meet its strategic goal of 2,000 hotels, fueling long-term growth prospects.
- Continued focus on product innovation and quality improvement reflects Atour's commitment to customer satisfaction and brand strength amidst industry volatility.