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Atour Lifestyle Holdings Limited Reports Second Quarter of 2024 Unaudited Financial Results

Atour Lifestyle Holdings Limited Reports Second Quarter of 2024 Unaudited Financial Results
  • A total of 1,412 hotels, or 161,686 hotel rooms, in operation as of June 30, 2024.
  • Net revenues for the second quarter of 2024 increased by 64.5% year-over-year to RMB1,797 million (US$247
    million), compared with RMB1,093 million for the same period of 2023.
  • Net income for the second quarter of 2024 increased by 27.1% year-over-year to RMB304 million
    (US$
    42 million), compared with RMB239 million for the same period of 2023.
  • Adjusted net income (non-GAAP)1 for the second quarter of 2024 increased by 31.6% year-over-year to RMB328
    million (US$45 million), compared with RMB249 million for the same period of 2023.
  • EBITDA (non-GAAP)2 for the second quarter of 2024 increased by 25.3% year-over-year to RMB419 million
    (US$
    58 million), compared with RMB334 million for the same period of 2023.
  • Adjusted EBITDA (non-GAAP)3 for the second quarter of 2024 increased by 28.6% year-over-year to RMB443 million
    (US$
    61 million), compared with RMB344 million for the same period of 2023.

SHANGHAI, Aug. 29, 2024 (GLOBE NEWSWIRE) — Atour Lifestyle Holdings Limited (“Atour” or the “Company”) (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, today announced its
unaudited financial results for the second quarter ended June 30, 2024.

Second Quarter of 2024 Operational Highlights

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