Atour Lifestyle Holdings Limited Studies Second Quarter 2026 Unaudited Financial Results

• A complete of two,175 resorts, or242,526 lodge rooms, in operation as of June 30, 2026.
• Net revenues for the second quarter of 2026 elevated by 41.4% year-over-year to RMB3,490 million (US$514 million).
• Net earnings for the second quarter of 2026 elevated by 29.0%year-over-year to RMB548million (US$81 million).
• Adjusted internet earnings (non-GAAP)¹ for the second quarter of 2026 elevated by 30.8%year-over-year to RMB558million (US$82 million).
• EBITDA (non-GAAP)² for the second quarter of 2026elevated by 33.3% year-over-year to RMB810 million (US$119million).
• Adjusted EBITDA (non-GAAP)³ for the second quarter of 2026 elevated by 34.6%year-over-year to RMB821 million (US$121 million).

SHANGHAI, China, Aug. 20, 2026 (GLOBE NEWSWIRE) — Atour Lifestyle Holdings Limited (“Atour” or the “Company”) (NASDAQ: ATAT), a number one life-style group in China, as we speak introduced its unaudited monetary outcomes for the second quarter ended June 30, 2026.

Second Quarter of 202 6 Highlights

As of June 30, 2026, there have been 2,175 resorts with a complete of 242,526 lodge rooms in operation throughout Atour’s lodge community, representing will increase of 19.2% and 18.4% year-over-year when it comes to the variety of resorts and lodge rooms, respectively. As of June 30, 2026, there have been 811 manachised resorts below growth in our pipeline.

The common every day room price⁴ (“ADR”) was RMB438 for the second quarter of 2026, in contrast with RMB433 for a similar interval of 2025 and RMB427 for the earlier quarter.

The occupancy price⁴ was 76.2% for the second quarter of 2026, in contrast with 76.4% for a similar interval of 2025 and 70.6% for the earlier quarter.

The income per obtainable room⁴ (“RevPAR”) was RMB345 for the second quarter of 2026, in contrast with RMB343 for a similar interval of 2025 and RMB312 for the earlier quarter.

The income generated from our retail enterprise was RMB1,575 million for the second quarter of 2026, representing a rise of 63.2% year-over-year.

_________________
¹Adjusted internet earnings (non-GAAP) is outlined as internet earnings excluding share-based compensation bills.
²EBITDA (non-GAAP) is outlined as earnings earlier than curiosity expense, curiosity earnings, earnings tax expense and depreciation and amortization.
³Adjusted EBITDA (non-GAAP) is outlined as EBITDA excluding share-based compensation bills.
⁴Excludes lodge rooms that grew to become unavailable as a consequence of short-term lodge closures.ADR and RevPAR are calculated based mostly on tax-inclusive room charges.
“ADR” refers back to the common every day room price, which implies room income divided by the variety of rooms in use for a given interval;
“Occupancy rate” refers back to the variety of rooms in use divided by the variety of obtainable rooms for a given interval;
“RevPAR” refers to income per obtainable room, which is calculated by whole revenues throughout a interval divided by the variety of obtainable rooms of our resorts throughout the identical interval.

“In the second quarter of 2026, we steadily advanced our new three‑year ‘Chinese Experience, Brand-Led Excellence’ strategy, achieving sustained breakthroughs in both our hotel and retail businesses,” mentioned Mr. Haijun Wang, Founder, Chairman and CEO of Atour. “For our hotel business, we adhered to the ‘quality‑first’ principle and strictly controlled project quality. By the end of the second quarter, our total number of hotels in operation reached 2,175. We continued to refine our products and experiences around each brand’s distinct positioning, and our differentiated brand strengths gained broad market recognition. Meanwhile, our retail business sustained its strong growth momentum. Retail revenue was RMB1.57 billion in the second quarter, up 63% year-over-year. Atour Planet further consolidated its advantages in core categories and continued to expand its product portfolio.”

“Looking ahead, we remain committed to a long-term approach, continuously improving product quality around user needs, strengthening brand and organizational capabilities, further consolidating the competitiveness of both our hotel and retail businesses, and achieving higher‑quality sustainable development,” concluded Mr. Wang.

Second Quarter of 2026 Unaudited Financial Results

Net revenues. Our internet revenues for the second quarter of 2026 elevated by 41.4% to RMB3,490 million (US$514 million) from RMB2,469 million for a similar interval of 2025. The enhance was primarily pushed by progress within the manachised lodge and retail companies.

• Manachised resorts. Revenues from our manachised resorts for the second quarter of 2026 elevated by 32.8% to RMB1,725 million (US$254 million) from RMB1,299 million for a similar interval of 2025. The enhance was primarily pushed by our ongoing lodge community enlargement and provide chain enterprise growth. The whole variety of our manachised resorts elevated from 1,800 as of June 30, 2025 to 2,156 as of June 30, 2026.
• Leased resorts. Revenues from our leased resorts for the second quarter of 2026 decreased by 11.8% to RMB132 million (US$19 million) from RMB150 million for a similar interval of 2025. The lower was primarily because of the lower within the variety of leased resorts on account of our product combine optimization. The whole variety of our leased resorts decreased from 24 as of June 30, 2025 to 19 as of June 30, 2026.
   
• Retail. Revenues from retail for the second quarter of 2026 elevated by 63.2% to RMB1,575 million (US$232 million) from RMB965 million for a similar interval of 2025. The enhance was pushed by rising recognition of our retail manufacturers and efficient product innovation and growth as we efficiently broadened our product choices.
   
• Others. Revenues from others for the second quarter of 2026 elevated by 6.6% to RMB59 million (US$9 million) from RMB55 million for a similar interval of 2025.

Operating prices and bills for the second quarter of 2026 had been RMB2,761 million (US$407 million), together with RMB10 million share-based compensation bills, in contrast with RMB1,875 million, together with RMB2 million share-based compensation bills for a similar interval of 2025.

• Hotel working prices for the second quarter of 2026 had been RMB1,198 million (US$177 million), in contrast with RMB893 million for a similar interval of 2025. The enhance was primarily because of the enhance in variable prices, resembling provide chain prices and lodge supervisor prices, related to our ongoing lodge community enlargement. Hotel working prices accounted for 64.5% of manachised and leased resorts’ revenues for the second quarter of 2026, in contrast with 61.7% for a similar interval of 2025.
   
• Retail prices for the second quarter of 2026 had been RMB765 million (US$113 million), in contrast with RMB451 million for a similar interval of 2025. The enhance was related to the fast progress of our retail enterprise. Retail prices accounted for 48.6% of retail revenues for the second quarter of 2026, in contrast with 46.7% for a similar interval of 2025.
   
• Other working prices for the second quarter of 2026 had been RMB5 million (US$0.8 million), in contrast with RMB7 million for a similar interval of 2025.
• Selling and advertising and marketing bills for the second quarter of 2026 had been RMB606 million (US$89 million), in contrast with RMB393 million for a similar interval of 2025. The enhance was primarily as a consequence of our enhanced funding in branding and the efficient growth of on-line channels, aligned with the expansion of our retail enterprise. Selling and advertising and marketing bills accounted for 17.4% of internet revenues for the second quarter of 2026, in contrast with 15.9% for a similar interval of 2025.
   
• General and administrative bills for the second quarter of 2026 had been RMB130 million (US$19 million), together with RMB9 million share-based compensation bills, in contrast with RMB90 million, together with RMB2 million share-based compensation bills for a similar interval of 2025. Excluding the share-based compensation bills, the rise was primarily as a consequence of a rise in labor prices. General and administrative bills, excluding share-based compensation bills, accounted for 3.5% of internet revenues for the second quarter of 2026, in contrast with 3.6% for a similar interval of 2025.
   
• Technology and growth bills for the second quarter of 2026 had been RMB57 million (US$8 million), in contrast with RMB43 million for a similar interval of 2025. The enhance was primarily attributable to our elevated investments in know-how programs and infrastructure to help our increasing lodge community and retail enterprise, and to enhance buyer expertise. Technology and growth bills accounted for 1.6% of internet revenues for the second quarter of 2026, in contrast with 1.7% for a similar interval of 2025.

Other working earnings , internet for the second quarter of 2026 was RMB44 million (US$6 million), in contrast with RMB3 million for a similar interval of 2025. The enhance was primarily as a consequence of a rise in earnings from authorities subsidies.

Income from operations for the second quarter of 2026 was RMB773 million (US$114 million), in contrast with RMB596 million for a similar interval of 2025.

Income tax expense for the second quarter of 2026 was RMB255 million (US$38 million), in contrast with RMB192 million for a similar interval of 2025.

Net earnings for the second quarter of 2026 was RMB548 million (US$81 million), representing a rise of 29.0% in contrast with RMB425 million for a similar interval of 2025.

Adjusted internet earnings (non-GAAP) for the second quarter of 2026 was RMB558 million (US$82 million), representing a rise of 30.8% in contrast with RMB427 million for a similar interval of 2025.

Basic and diluted earnings per share/American depositary share (ADS). For the second quarter of 2026, primary earnings per share was RMB1.35 (US$0.20), and diluted earnings per share was RMB1.33 (US$0.20). For the second quarter of 2026, primary earnings per ADS was RMB4.05 (US$0.60), and diluted earnings per ADS was RMB3.99 (US$0.60).

EBITDA (non-GAAP) for the second quarter of 2026 was RMB810 million (US$119 million), representing a rise of 33.3% in contrast with RMB608 million for a similar interval of 2025.

Adjusted EBITDA (non-GAAP) for the second quarter of 2026 was RMB821 million (US$121 million), representing a rise of 34.6% in contrast with RMB610 million for a similar interval of 2025.

Cash flows . Operating money influx for the second quarter of 2026 was RMB835 million (US$123 million). Investing money influx for the second quarter of 2026 was RMB282 million (US$42 million). Financing money outflow for the second quarter of 2026 was RMB861 million (US$127 million).

Cash and money equivalents and restricted money. As of June 30, 2026, the Company had a complete steadiness of money and money equivalents and restricted money of RMB3.9 billion (US$582 million).

Debt financing. As of June 30, 2026, the Company had whole excellent borrowings of RMB237 million (US$35 million).

Outlook

For the complete 12 months of 2026, the Company at the moment expects whole internet revenues to extend by 30% in contrast with the complete 12 months of 2025.

This outlook relies on present market circumstances and the Company’s preliminary estimates, that are topic to modifications.

Conference Call

The Company will host a convention name at 7:00 AM U.S. Eastern time on Thursday, August 20, 2026 (or 7:00 PM Beijing/Hong Kong time on the identical day).

A stay webcast of the convention name shall be obtainable on the Company’s investor relations web site at https://ir.yaduo.com, and a replay of the webcast shall be obtainable following the session.

For members who want to be part of the convention name by way of phone, please pre-register utilizing the hyperlink offered under. Upon registration, every participant will obtain a set of participant dial-in numbers and a private PIN to hitch the convention name.

Details for the convention name are as follows:

Event Title: Atour Second Quarter of 2026 Earnings Conference Call
Pre-registration Link: https://register-conf.media-server.com/register/BIe8138a580f784759b9c45dda51c9d597

Use of Non-GAAP Financial Measures

To complement the Company’s unaudited consolidated monetary outcomes offered in accordance with U.S. Generally-Accepted Accounting Principles (“GAAP”), the Company makes use of the next non-GAAP measures outlined as non-GAAP monetary measures by the U.S. Securities and Exchange Commission: adjusted internet earnings, which is outlined as internet earnings excluding share-based compensation bills; adjusted internet earnings per abnormal share – Diluted, which is outlined as internet earnings attributable to the Company excluding share-based compensation bills divided by the variety of weighted common abnormal shares utilized in calculating internet earnings per abnormal share – Diluted; EBITDA, which is outlined as earnings earlier than curiosity earnings, curiosity expense, earnings tax expense and depreciation and amortization; adjusted EBITDA, which is outlined as EBITDA excluding share-based compensation bills. The presentation of those non-GAAP monetary measures isn’t meant to be thought-about in isolation or as an alternative to the monetary data ready and offered in accordance with U.S. GAAP. For extra data on these non-GAAP monetary measures, please see the desk captioned “Reconciliations of GAAP and non-GAAP results” set forth on the finish of this launch.

The Company believes that EBITDA is broadly utilized by different corporations within the hospitality business and could also be utilized by traders as a measure of the monetary efficiency. Given the numerous investments that the Company has made in leasehold enhancements and different fastened belongings of leased resorts, depreciation and amortization includes a good portion of the Company’s value construction. The Company believes that EBITDA will present traders with a great tool for comparability between durations as a result of it eliminates depreciation and amortization attributable to capital expenditures. Adjusted internet earnings, adjusted internet earnings per abnormal share – Diluted, and adjusted EBITDA present significant supplemental data concerning the Company’s efficiency by excluding share-based compensation bills, because the traders can higher perceive the Company’s efficiency and evaluate enterprise traits amongst totally different reporting durations on a constant foundation. The Company believes that each administration and traders profit from referring to those non-GAAP monetary measures in assessing the Company’s efficiency and when planning and forecasting future durations. These non-GAAP monetary measures additionally facilitate administration’s inner comparisons to the Company’s historic efficiency. The Company believes these non-GAAP monetary measures are additionally helpful to traders in permitting for larger transparency with respect to supplemental data used commonly by Company administration in monetary and operational decision-making. The accompanying tables present extra particulars on the reconciliations between GAAP monetary measures which can be most straight similar to non-GAAP monetary measures.

The use of those non-GAAP measures has sure limitations, because the excluded objects have been and shall be incurred, and will not be mirrored within the presentation of those non-GAAP measures. Each of this stuff must also be thought-about within the total analysis of the outcomes. The Company compensates for these limitations by offering the disclosure of the related objects each in its reconciliations to the U.S. GAAP monetary measures and in its consolidated monetary statements, all of which needs to be thought-about when evaluating the efficiency of the Company.

In addition, these measures will not be similar to equally titled measures utilized by different corporations, as these corporations might not calculate these measures in the identical method because the Company does.

About Atour Lifestyle Holdings Limited

Atour Lifestyle Holdings Limited (NASDAQ: ATAT) is a number one life-style group in China that operates each hospitality and retail companies. As a frontrunner in high quality residing, Atour is devoted to creating an intimate ambiance the place individuals can warmly join. Guided by its people-serving philosophy, Atour constantly refines its services to curate distinctive experiences for each person.

For extra data, please go to https://ir.yaduo.com.

Investor Relations Contact

Atour Lifestyle Holdings Limited
Email: [email protected]

Christensen Advisory
Email: [email protected]
Tel: +86-10-5900-1548

—Financial Tables and Operational Data Follow—

_________________
¹Translations of balances within the consolidated monetary statements from RMB into US$ for the second quarter of 2026 and as of June 30, 2026 are solely for readers’ comfort and had been calculated on the price of US$1.00=RMB 6.7851, representing the alternate price set forth within the H.10 statistical launch of the Federal Reserve Board on June 30, 2026.

__________________
² The share-based compensation bills had been recorded at entities in PRC. Share-based compensation bills had been non-deductible bills in PRC. Therefore, there isn’t a tax influence for share-based compensation bills adjustment for non-GAAP monetary measures.

Key Operating Data

____________________
³Excludes lodge rooms that grew to become unavailable as a consequence of short-term lodge closures. ADR and RevPAR are calculated based mostly on tax-inclusive room charges.
⁴ For any given interval, we outline “same-hotel” as a lodge that has operated for greater than 18 calendar months as of the fifteenth day (inclusive) of any month inside that interval. The OCC, ADR and RevPAR offered above characterize such metrics generated by “same hotels” within the given interval, in comparison with the corresponding metrics generated by these “same hotels” throughout the identical interval in 2025.