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

Atour Lifestyle Holdings reported Q1 2025 net revenues of RMB1.91 billion (US$263 million), up 29.8% YoY, driven by strong growth in manachised hotels and retail business. However, net income decreased 5.5% YoY to RMB244 million (US$34 million). The company's hotel network expanded to 1,727 hotels with 194,559 rooms as of March 31, 2025, representing increases of 32.6% and 31.3% YoY respectively.Operating metrics showed some pressure, with occupancy rate declining to 70.2% from 73.3% YoY, and RevPAR decreasing to RMB304 from RMB328. The retail business demonstrated robust growth with GMV increasing 70.9% YoY to RMB845 million. The company maintained strong liquidity with cash and cash equivalents of RMB3.1 billion.Looking ahead, Atour expects total net revenues to increase by 25% to 30% for the full year 2025 compared to 2024. The company continues to focus on network expansion and brand enhancement, with 755 manachised hotels under development in the pipeline.

Atour Lifestyle Holdings reported Q1 2025 net revenues of RMB1.91 billion (US$263 million), up 29.8% YoY, driven by strong growth in manachised hotels and retail business. However, net income decreased 5.5% YoY to RMB244 million (US$34 million). The company's hotel network expanded to 1,727 hotels with 194,559 rooms as of March 31, 2025, representing increases of 32.6% and 31.3% YoY respectively.Operating metrics showed some pressure, with occupancy rate declining to 70.2% from 73.3% YoY, and RevPAR decreasing to RMB304 from RMB328. The retail business demonstrated robust growth with GMV increasing 70.9% YoY to RMB845 million. The company maintained strong liquidity with cash and cash equivalents of RMB3.1 billion.Looking ahead, Atour expects total net revenues to increase by 25% to 30% for the full year 2025 compared to 2024. The company continues to focus on network expansion and brand enhancement, with 755 manachised hotels under development in the pipeline.