Atour Lifestyle Holdings | 20-F: FY2024 Annual Report

Atour Lifestyle delivered robust financial performance in 2024, with revenue surging 55.3% YoY to RMB 7.25 billion (US$993.0 million). Net income reached RMB 1.27 billion (US$174.4 million), while operating income stood at RMB 1.62 billion. The company announced a dividend of US$0.45 per ADS, tripling from US$0.15 in 2023, with total distribution of RMB 436.05 million.The company maintained strong operational metrics with an occupancy rate of 77.1% across its portfolio of 1,619 hotels in 209 cities. RevPAR reached RMB 350.1, with an average daily rate of RMB 436.8. The loyalty program expanded to over 89 million registered members, demonstrating solid customer engagement.Looking ahead, Atour shows robust expansion potential with 741 hotels in development pipeline, representing 79,528 rooms. The company strengthened its partnership with Trip.com Group, processing RMB 1.74 billion in hotel reservation payments. With a healthy cash position of RMB 3.62 billion, Atour remains well-positioned for sustained growth.

Atour Lifestyle delivered robust financial performance in 2024, with revenue surging 55.3% YoY to RMB 7.25 billion (US$993.0 million). Net income reached RMB 1.27 billion (US$174.4 million), while operating income stood at RMB 1.62 billion. The company announced a dividend of US$0.45 per ADS, tripling from US$0.15 in 2023, with total distribution of RMB 436.05 million.The company maintained strong operational metrics with an occupancy rate of 77.1% across its portfolio of 1,619 hotels in 209 cities. RevPAR reached RMB 350.1, with an average daily rate of RMB 436.8. The loyalty program expanded to over 89 million registered members, demonstrating solid customer engagement.Looking ahead, Atour shows robust expansion potential with 741 hotels in development pipeline, representing 79,528 rooms. The company strengthened its partnership with Trip.com Group, processing RMB 1.74 billion in hotel reservation payments. With a healthy cash position of RMB 3.62 billion, Atour remains well-positioned for sustained growth.