Atour Lifestyle reports Q2 adjusted RMB RMB1.01 vs. RMB0.79 last year

Reports Q2 revenue RMB2.47B, consensus RMB2.34B. Q2 average daily room rate or ADR was RMB433 vs. RMB441 for the same period of 2024 and RMB418 for the previous quarter. CEO Haijun Wang said, “In the first half of 2025, amid a volatile and complex competitive landscape in the industry, we adhered to our business philosophy of ‘serving people’ and refocused on customers. By leveraging our differentiated experiential advantages, we achieved a strong performance across both our hotel and retail businesses. In our hotel business, we pursued high-quality, sustainable growth with a long-term mindset. By the end of Q2, the total number of hotels in operation reached 1,824 as we steadily advance toward our strategic goal of ‘2,000 Premier Hotels.’ Continuous upgrades to our hotel products and increasingly strong brand power have consolidated our differentiated competitive moat in targeted market segments. Our retail business maintained robust growth momentum, with GMV increasing by 84.6% year-over-year to RMB1,144 million. Atour Planet’s expanding deep sleep product portfolio continues to drive consumer sleep experience innovation.”