事件 3月 29 日公司公告4Q23 业绩，实现营收 15.1 亿元/+140.4%，净 利润 2.2 亿元、扭亏，经调整净利 2.22 亿元/+175.8%，经调整 EBITDA 2.51 亿元/+128.4%。 点评 Q4 综合 RevPAR 恢复至 19 年 109%，全年恢复至 19 年的 114%。 4Q23 公司综合RevPAR 358 元、为 19 年同期108.8%，18 个月以上 门店 RevPAR 恢复度（110%）略好于整体；拆分量价看，OCC 78.4%、 为 19年同期的105.9%，ADR 438 元、为19年同期的 103.5%；23 全年 RevPAR 恢复至 19年的 114.4%，符合预期。Q4 淡季 OCC继续 超过 19 年水平，CRS 销售间夜占比65.1%、环比Q3 提升 2.6pct， 体现公司品牌势能强，把握核心商旅客群需求。 Q4 新开创季度新高，全年新开超额完成，期待新产品落地。Q4新 开业 100 家、创历史新高，23 全年累计新开289 家、超额完成年 美元(元) 成交金额(百万元) 初目标。截至 23 年末门店总数 1210 家/+29.8%，pipe ...

Investment Rating - The report maintains a "Buy" rating for Atour [1] Core Insights - Atour reported a revenue of 4.666 billion yuan in 2023, a year-on-year increase of 106%, and a net profit attributable to shareholders of 737 million yuan, up 651% year-on-year [3] - In Q4 2023, revenue reached 1.505 billion yuan, a 140% increase year-on-year, exceeding guidance by 28% [3] - The company plans to open 360 new stores in 2024, with a revenue growth guidance of 30% [3] Financial Performance Summary - Total revenue for 2023 was 4.666 billion yuan, with a year-on-year growth of 106.2% [2][3] - Net profit attributable to shareholders for 2023 was 737 million yuan, reflecting a year-on-year growth of 651.4% [2][3] - The adjusted EBITDA for 2023 was 1.207 billion yuan, a 184% increase year-on-year [3] - Q4 2023 gross margin was 34%, and net profit margin was 15% [3] - The number of stores reached 1,210 by the end of Q4 2023, a 30% increase year-on-year [3] - The company aims for a RevPAR (Revenue per Available Room) growth of 30% in 2024, targeting to maintain RevPAR levels compared to the previous year [3][4] Earnings Forecast and Valuation - The forecasted net profits for 2024, 2025, and 2026 are 950 million yuan, 1.26 billion yuan, and 1.57 billion yuan, respectively [4] - The corresponding P/E ratios for 2024, 2025, and 2026 are projected to be 18, 14, and 11 times [4]

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Q4 2023 Earnings Conference Call March 28, 2024 7:00 AM ET Company Participants Alison Zhang - Director of Investor Relations Haijun Wang - Founder, Chairman & Chief Executive Officer Shoudong Wang - Co-Chief Financial Officer Jianfeng Wu - Co-Chief Financial Officer Conference Call Participants Lydia Ling - Citi Sijie Lin - CICC Xin Chen - UBS Operator Thank you. Welcome to our Fourth Quarter and Full Year 2023 Earnings Call. Today you’ll hear from Chairman an ...

Exhibit 99.1 Atour Lifestyle Holdings Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results · A total of 1,210 hotels or 137,921 hotel rooms in operation as of December 31, 2023. · Net revenues for the fourth quarter of 2023 increased by 140.4 % year-over-year to RMB1,505 million (US$212 million), compared with RMB626 million for the same period of 2022. Net revenues for full year 2023 increased by 106.2% year-over-year to RMB4,666 million (US$657 million), compared with RMB2,263 mil ...

A total of 1,210 hotels or 137,921 hotel rooms in operation as of December 31, 2023.Net revenues for the fourth quarter of 2023 increased by 140.4% year-over-year to RMB1,505 million (US$212 million), compared with RMB626 million for the same period of 2022. Net revenues for full year 2023 increased by 106.2% year-over-year to RMB4,666 million (US$657 million), compared with RMB2,263 million for full year 2022. Net income for the fourth quarter of 2023 was RMB220 million (US$31 million), compared with net l ...

SHANGHAI, China, March 14, 2024 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited ("Atour" or the "Company") (NASDAQ:ATAT), a leading hospitality and lifestyle company in China, today announced that it will report its unaudited financial results for the fourth quarter and full year of 2023 on Thursday, March 28, 2024, before the U.S. markets open. The Company will host a conference call at 7:00 AM U.S. Eastern time on Thursday, March 28, 2024 (or 7:00 PM Beijing/Hong Kong time on the same day). A live we ...

Investors might want to bet on Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Con ...

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Q3 2023 Earnings Conference Call November 16, 2023 8:00 AM ET Company Participants Alison Zhang - Director of Investor Relations Haijun Wang - Founder, Chairman & Chief Executive Officer Shoudong Wang - Co-Chief Financial Officer Jianfeng Wu - Co-Chief Financial Officer Conference Call Participants Lydia Ling - Citi Sijie Lin - CICC Ronald Leung - Bank of America Operator Ladies and gentlemen, thank you for standing by, and welcome to the Atour Lifestyle Holdin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2024 Commission File Number: 001-40540 Atour Lifestyle Holdings Limited (Exact name of registrant as specified in its charter) 1st floor, Wuzhong Building, 618 Wuzhong Road, Minhang District, Shanghai, 201103, People’s Republic of China (+86) 021-64059928 (Address of principal executive office) Ind ...

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Q2 2023 Earnings Call Transcript August 17, 2023 8:00 AM ET Company Participants Allison Zhang - Director of Investor Relations Shoudong Wang - Co-Chief Financial Officer Jianfeng Wu - Co-Chief Financial Officer Haijun Wang - Founder, Chairman & CEO Conference Call Participants Sijie Lin - CICC Ronald Leung - Bank of America Merrill Lynch Lydia Ling - Citi Li Wang - Haitong International Xin Chen - UBS Operator Ladies and Gentlemen, thank you for standing by an ...