China's Atour Lifestyle Q1 revenue jumps 47.5% on manachised hotel expansion

Atour Lifestyle Holdings

13/05/2026 11:10

Overview

China hospitality and retail group's Q1 revenue rose 47.5% yr/yr to RMB2.81 bln

Adjusted net income for Q1 grew yr/yr to RMB490 mln

Company expanded hotel network by 20.9% yr/yr to 2,088 hotels

Outlook

Company expects 2026 net revenues to rise 24% to 28% from 2025

Result Drivers

MANACHISED HOTEL EXPANSION - Revenue growth was mainly driven by an increase in manachised hotels and supply chain business development

RETAIL BUSINESS GROWTH - Retail revenue rose due to growing brand recognition and product innovation, broadening product offerings

LEASED HOTEL REDUCTION - Leased hotel revenue declined due to a decrease in the number of leased hotels as a result of product mix optimization

Company press release: ID:nGNX2LLl75

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
RMB 2.81 bln
Q1 Adjusted Net Income
RMB 490 mln
Q1 Net Income
RMB 463 mln
Q1 Income From Operations
RMB 663 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "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 $51.00, about 33% above its May 12 closing price of $38.36

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

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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.)