China's Atour Q2 profit, revenue rise on widening manachised hotel network

Atour Lifestyle Holdings

20/08/2026 11:09

Overview
China hospitality and retail group's Q2 net revenue rose 41% yr/yr on hotel, retail growth
Adjusted net income for Q2 rose 31% yr/yr
Company opened 101 new hotels in Q2, total now 2,175 hotels and 242,526 rooms

Outlook
Atour expects 2026 full-year net revenues to increase by 30% year-over-year

Result Drivers
MANACHISED HOTEL EXPANSION - Revenue growth was mainly driven by ongoing expansion of the manachised hotel network and supply chain business development
RETAIL GROWTH - Retail revenue rose on growing brand recognition and product innovation, with a broader product portfolio
LEASED HOTEL REDUCTION - Revenue from leased hotels fell due to a decrease in the number of leased hotels as a result of product mix optimization

Company press release: ID:nGNXlLNYp

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
RMB 3.49 bln
 
Q2 Adjusted EPS
 
RMB 1.36
 
Q2 Adjusted Net Income
 
RMB 558 mln
 
Q2 Net Income
 
RMB 548 mln
 
Q2 Income From Operations
 
RMB 773 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 Limited is $49.00, about 32.4% above its August 19 closing price of $37.00
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 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.)