Atour Lifestyle Holdings | 6-K: Report of foreign private issuer (related to financial reporting)

Atour Lifestyle Holdings delivered robust Q4 2024 results with net revenues rising 38.5% YoY to RMB2.08 billion, driven by 30% growth in manachised hotels and 85.6% surge in retail business. Net income increased 50.5% YoY to RMB331 million. The company expanded its hotel network to 1,619 properties with 183,184 rooms as of December 31, 2024, representing YoY growth of 33.8% in hotel count.Operating metrics showed slight moderation with Q4 occupancy rate at 77.0% compared to 78.4% in Q4 2023, while ADR decreased to RMB420 from RMB438. The retail business demonstrated strong momentum with GMV reaching RMB912 million in Q4, up 84.5% YoY. The company maintained efficient operations with hotel operating costs at 62.5% of hotel revenues, down from 70.1% YoY.For full year 2024, net revenues grew 55.3% to RMB7.25 billion with net income up 72.2% to RMB1.27 billion. Looking ahead to 2025, management expects total net revenues to increase by 25% compared to 2024, focusing on strengthening core capabilities and deepening synergy between accommodation and retail sectors.

Atour Lifestyle Holdings delivered robust Q4 2024 results with net revenues rising 38.5% YoY to RMB2.08 billion, driven by 30% growth in manachised hotels and 85.6% surge in retail business. Net income increased 50.5% YoY to RMB331 million. The company expanded its hotel network to 1,619 properties with 183,184 rooms as of December 31, 2024, representing YoY growth of 33.8% in hotel count.Operating metrics showed slight moderation with Q4 occupancy rate at 77.0% compared to 78.4% in Q4 2023, while ADR decreased to RMB420 from RMB438. The retail business demonstrated strong momentum with GMV reaching RMB912 million in Q4, up 84.5% YoY. The company maintained efficient operations with hotel operating costs at 62.5% of hotel revenues, down from 70.1% YoY.For full year 2024, net revenues grew 55.3% to RMB7.25 billion with net income up 72.2% to RMB1.27 billion. Looking ahead to 2025, management expects total net revenues to increase by 25% compared to 2024, focusing on strengthening core capabilities and deepening synergy between accommodation and retail sectors.