Atour Lifestyle Holdings Ltd. · NASDAQ:ATAT

Atour Lifestyle — Q2 2026 Earnings Presentation

23 slides from Atour Lifestyle's earnings presentation, August 2026

  1. Slide 1: Atour Lifestyle Holdings Limited 2Q26 Results Presentation

    Atour Lifestyle Holdings Limited NASDAQ: ATAT 2Q26 Results Presentation August 2026

  2. Slide 2: Disclaimer

    DISCLAIMER 免责声明 This presentation has been prepared by Atour Lifestyle Holdings Limited (the “Company”) solely for informational purposes and has not been independently verified. No representations, warranties or undertakings, express or implied, are made by the Company or any of its affiliates, adv

  3. Slide 3: Business Review

    01 BUSINESS REVIEW 业务表现

  4. Slide 4: 2Q26 RevPAR was 100.7% of 2025's Level for the Same Period

    2Q26 RevPAR was 100.7% of 2025’s Level for the Same Period 二季度RevPAR为2025年同期的100.7% OCC ADR RevPAR (1) (1) (1) 99.7% of the level in 2Q25 101.2% of the level in 2Q25 100.7% of the level in 2Q25 为25年同期的99.7% 为25年同期的101.2% 为25年同期的100.7% -0.3% +1.2% +0.7% (RMB) 76.4% 76.2% (RMB) 433 438 343 345 2Q25 2Q

  5. Slide 5: 2Q26 Same-hotel RevPAR was 97.0% of 2025's Level

    2Q26 Same-hotel(1) RevPAR was 97.0% of 2025’s Level for the Same Period 二季度同店(1)RevPAR为2025年同期的97.0% OCC ADR RevPAR (2) (2) (2) 99.0% of the level in 2Q25 98.3% of the level in 2Q25 97.0% of the level in 2Q25 为25年同期的99.0% 为25年同期的98.3% 为25年同期的97.0% -1.0% -1.7% -3.0% (RMB) 77.4% 76.6% (RMB) 432 425 34

  6. Slide 6: Hotel Network Expanded Steadily, CRS Channel Remained Stable

    Hotel Network Expanded Steadily, CRS Channel Remained Stable 酒店网络稳步扩张，中央预订渠道保持稳健 101 New Hotel Openings in 2Q26 CRS Channel(2) 2Q26新开业酒店数量 中央预订渠道(2) 61.5% Total Room-Nights Sold Hotels in Operation(1) 在营酒店数量(1) 2,175 Through CRS(3) Channels CRS(3) 渠道销售间夜占比 20.4% 811 Hotels in Pipeline(1) Corporate M

  7. Slide 7: Atour Hotel Further Validates Market Recognition of Product Upgrade

    Atour Hotel Further Validates Market Recognition of Product Upgrade 亚朵酒店进一步验证产品升级带来的市场认可 RevPAR of Atour 3.6 Hotels in Operation (1) 亚朵3.6在营酒店RevPAR(1) RMB 370 + Preserving Strengths in Business Travel, While Introducing a Greater Sense of Ease 在保持商旅体验优势的同时，融入更鲜明的松弛感 (1) For the Second Quarter of 20

  8. Slide 8: Atour Origin Demonstrates Its Strong Differentiated Competitive Edge

    Atour Origin Demonstrates Its Strong Differentiated Competitive Edge 亚朵见野展现强劲的差异化竞争力 RevPAR of Atour Origin Hotels in Operation (1) 亚朵见野在营酒店RevPAR(1) RMB 450 + Rolling out Distinctive Creating a Natural, Vacation- Experience Touchpoints Like Atmosphere 差异化体验触点落地 营造自然与度假氛围 (1) For the Second Quarter

  9. Slide 9: Atour Light Drives Product and Experience Innovation in Midscale

    Atour Light Drives Product and Experience Innovation in the Midscale Hotel Market 轻居引领中端酒店市场中产品和体验的创新 RevPAR of Atour Light 3.3 Hotels in Operation(1) 轻居3.3在营酒店RevPAR(1) RMB 340 + Steadily Expanding City Coverage While Strengthening Operating Capabilities 在夯实运营能力的基础上，稳步扩大城市覆盖 (1) For the Second Quar

  10. Slide 10: SAVHE Advances the Brand Philosophy and Broadens Its Value

    SAVHE Advances the Brand Philosophy and Continues to Broaden the Value It Delivers 萨和实现品牌理念重要进阶，拓展自身价值边界 RevPAR of SAVHE Hotels in Operation (1) 萨和在营酒店RevPAR(1) RMB 1,000 + Gradually Developing an Expanding More Experience Framework Wellness Offerings 逐步沉淀体验方法论 围绕养生场景进一步拓展 (1) For the Second Quarter

  11. Slide 11: Atour Planet Sustained Its Strong Growth Momentum

    Atour Planet Sustained Its Strong Growth Momentum 亚朵星球延续强劲增长势头 Retail Revenue(1) 零售收入(1) (RMB mn) 12mn+ 80%+ +63% 1,575 Accumulated Sales Units of Deep Sleep YoY GMV Growth of the 965 Memory Foam Pillow Pro Series (2) Comforter Category (1) 深睡枕Pro系列累计销量(2) 被子品类GMV同比增长(1) 2Q25 2Q26 (1) For the Second

  12. Slide 12: Systematic Capabilities Formed a Solid Competitive Moat of Retail Business

    Systematic Capabilities Formed a Solid Competitive Moat of Retail Business 系统性能力构筑零售业务坚实壁垒 Brand Building Product R&D 品牌能力 产品研发能力 Supply Chain Content Creation 供应链能力 内容创意能力 12

  13. Slide 13: Launched the Deep Sleep Memory Foam Pillow Pro 4.0

    Launched the Deep Sleep Memory Foam Pillow Pro 4.0 推出深睡枕 Pro 4.0 An Upgraded Dynamic Support System Provides Better Support Across Every Sleeping Position 通过升级的动态支撑系统，提升不同睡姿下的承托体验 13

  14. Slide 14: Launched the Deep Sleep Thermo-Regulating Comforter Pro 3.0

    Launched the Deep Sleep Thermo-Regulating Comforter Pro 3.0 (All-Season) 推出深睡控温被·四季 Pro 3.0 Temperature and Humidity Balancing System Further Improves Temperature Regulation and Moisture Management 通过温湿平衡系统，进一步优化控温和排湿能力 14

  15. Slide 15: Membership Supports Business Growth and Builds Long-Term User Value

    Membership Supports Business Growth and Builds Long-Term User Value 会员支撑业务发展，沉淀长期用户价值 No. of Registered Individual Members(1) Building a More Refined System for Engaging Different 注册会员数(1) User Groups (mn) 构建更精细化的人群运营体系 120 103 Delivering More Relevant Benefits and Experiences for Different User Gro

  16. Slide 16: Continuing to Advocate for Service Excellence and Elevating Industry Standards

    Continuing to Advocate for Service Excellence and Elevating Industry Experience Standards 持续作为优秀服务的倡导者，引领行业体验水平不断提升 Atour’s Six Commitments to “Her Shoes” Atour Service Staff Improvements to the Work Peace of Mind Public Welfare Program Appreciation Day Environment for Service Staff 亚朵安心六大承诺 “姐姐的鞋”公

  17. Slide 17: Financial Review

    02 FINANCIAL REVIEW 财务表现

  18. Slide 18: Financial Highlights

    Financial Highlights 财务数据 Net Revenues Gross Profit 收入 毛利 (RMB mn) +41.4% YoY (RMB mn) +36.1% YoY 3,490 59 1,522 53 2,811 54 1,163 2,469 1,575 1,118 49 55 48 809 1,071 965 132 514 564 118 150 1,568 1,725 1,299 659 556 550 2Q25 1Q26 2Q26 2Q25 1Q26 2Q26 Manachised hotels Leased hotels Retail Others Ho

  19. Slide 19: Financial Highlights (cont.)

    Financial Highlights (cont.) 财务数据（续） Adjusted Net Income (1) Adjusted EBITDA (2) 调整后净利润 (1) 调整后EBITDA (2) (RMB mn) (RMB mn) +34.6% YoY +30.8% YoY 821 558 716 490 610 427 2Q25 1Q26 2Q26 2Q25 1Q26 2Q26 Adj. Net Adj. EBITDA Profit Margin 17.3% 17.4% 16.0% Margin 24.7% 25.5% 23.5% (1) Adjusted net incom

  20. Slide 20: Cash Position

    Cash Position(1) 流动性情况(1) Cash and Cash Equivalents Net Cash(2) 现金及现金等价物 净现金(2) 3,925 mn RMB 3,688 mn RMB (1) As of June 30, 2026 (2) Net cash equals cash and cash equivalents less total borrowings 20

  21. Slide 21: Outlook

    Outlook 业绩指引 Expected Total Net Revenues Growth Rate For Full Year 2026 预计2026全年收入同比增长 30% (YOY) 21

  22. Slide 22: Q&A

    03 Q&A 问答

  23. Slide 23: Thanks

    THANKS 感谢观看

Atour Lifestyle Holdings — Q2 2026 Earnings Presentation on 6ix