China's Atour Lifestyle Q3 revenue up 38.4% on hotel, retail growth

Reuters11-25
China's <a href="https://laohu8.com/S/ATAT">Atour Lifestyle</a> Q3 revenue up 38.4% on hotel, retail growth

Overview

  • Atour Q3 2025 net revenues grow 38.4% yr/yr, driven by hotel and retail expansion

  • Net income for Q3 2025 rises 24.6% yr/yr, adjusted net income up 27.0%

  • Company reports 1,948 hotels in operation, marking network expansion of 27.1%

Outlook

  • Company expects full-year 2025 net revenues to increase by 35% year-over-year

Result Drivers

  • MANACHISED HOTEL EXPANSION - Revenue from manachised hotels rose 32.3% due to network expansion

  • RETAIL GROWTH - Retail revenue increased 76.4% due to brand recognition and product innovation

  • LEASED HOTEL REVENUE DECLINE - Revenue fell 13.4% due to decrease in number of leased hotels

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

RMB 2.63 bln

Q3 Adjusted Net Income

RMB 488 mln

Q3 Net Income

RMB 474 mln

Q3 Income From Operations

RMB 651 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • Wall Street's median 12-month price target for Atour Lifestyle Holdings Ltd is $45.00, about 15.9% above its November 24 closing price of $37.83

  • The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNX1ZYHNf

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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