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Atour Lifestyle Holdings Limited Reports Third Quarter of 2023 Unaudited Financial Results

Atour Lifestyle Holdings Limited Reports Third Quarter of 2023 Unaudited Financial Results
  • Net revenues for the third quarter of 2023 increased by 93.1% year-over-year to RMB1,294 million (US$177 million), compared with RMB670 million for the same period of 2022.
  • Net income for the third quarter of 2023 was RMB262 million (US$36 million), compared with RMB111 million for the same period of 2022. Adjusted net income (non-GAAP)1 for the third quarter of 2023 increased by 144.7% year-over-year to RMB272 million (US$37 million), compared with RMB111 million for the same period of 2022.
  • EBITDA (non-GAAP)2 for the third quarter of 2023 was RMB370 million (US$51 million), compared with RMB171 million for the same period of 2022. Adjusted EBITDA (non-GAAP)3 for the third quarter of 2023 increased by 122.4% year-over-year to RMB380 million (US$52 million), compared with RMB171 million for the same period of 2022.

SHANGHAI, China, Nov. 16, 2023 (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 third quarter ended September 30, 2023.

Third Quarter of 2023 Operational Highlights

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