China's Atour Lifestyle Q3 revenue rises on retail businesses
ATAT•Atour Lifestyle's third-quarter revenue rose 30.5% year over year to RMB 3.43 billion, while net income fell 5.5% to RMB 448 million. The company expects 2026 revenue to increase 33%-35% from 2025 levels.
1. Third-quarter results
Atour Lifestyle said third-quarter revenue increased 30.5% year over year to RMB 3.43 billion. Adjusted net income rose 26.2% to RMB 615 million, while net income fell 5.5% to RMB 448 million because of higher operating costs.
2. Growth drivers and outlook
The company attributed higher revenue mainly to growth in its manachised hotel and retail businesses. Hotel revenue benefited from network expansion and supply chain development, while retail revenue grew with increased brand recognition and broader product offerings. Atour expects 2026 net revenue to rise 33%-35% from 2025, based on current market conditions and preliminary estimates.
