Atour Lifestyle Holdings Ltd. · NASDAQ:ATAT
Atour Lifestyle — Q1 2026 Earnings Presentation
24 slides from Atour Lifestyle's earnings presentation, May 2026
Slide 1: Atour Lifestyle Holdings Limited 1Q26 Results Presentation
Atour Lifestyle Holdings Limited NASDAQ: ATAT 1Q26 Results Presentation May 2026
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
Slide 3: Business Review
Business Review 业务表现 3
Slide 4: 1Q26 RevPAR was 102.4% of 2025's Level for the Same Period
1Q26 RevPAR was 102.4% of 2025’s Level for the Same Period, Marking a Positive Recovery 一季度RevPAR为2025年同期的102.4%，恢复度实现同比转正 OCC ADR RevPAR (1) (1) (1) 100.6% of the level in 1Q25 102.1% of the level in 1Q25 102.4% of the level in 1Q25 为25年同期的100.6% 为25年同期的102.1% 为25年同期的102.4% +0.6% +2.1% +2.4% (RMB)
Slide 5: 1Q26 Same-hotel RevPAR Recovery Improved Steadily to 98.3%
1Q26 Same-hotel (1) RevPAR Recovery Improved Steadily to 98.3% of 2025’s Level 一季度同店(1)RevPAR恢复度稳步提升，为2025年同期的98.3% OCC ADR RevPAR (2) (2) (2) 99.2% of the level in 1Q25 99.4% of the level in 1Q25 98.3% of the level in 1Q25 为25年同期的99.2% 为25年同期的99.4% 为25年同期的98.3% -0.8% -0.6% -1.7% (RMB) (RMB) 71.5% 7
Slide 6: Hotel Network Continued to Expand, CRS Channel Remained Stable
Hotel Network Continued to Expand, CRS Channel Remained Stable 酒店网络持续扩张，中央预订渠道保持稳健 CRS Channel Contribution(1) 110 New Hotel Openings(1) 中央预订渠道占比(1) 新开业酒店数量(1) 63.7% Total Room-Nights Sold Through CRS(3) Channels CRS(3) 渠道销售间夜占比 19.3% Hotels in Operation(2) 在营酒店数量(2) 2,088 Corporate Members’ Contrib
Slide 7: Continuously and Systematically Enhancing Supply Chain Capabilities
Continuously and Systematically Enhancing Supply Chain Capabilities 持续系统性提升供应链能力 Adhering to “Eight Supply Chain Procurement Commitments ” 践行「供应链采购八大承诺」 Take Innovation as Driving Force to Continuously Advance the Capabilities of Supply Chain 以创新驱动供应链能力不断进阶 Deepening Collaborative R&D With Upstream
Slide 8: Atour 3.6 Validates Our Product Competitiveness in the Upper Midscale Market
Atour 3.6 Validates Our Product Competitiveness in the Upper Midscale Market 亚朵3.6印证我们在中高端市场的产品竞争力 An In-Depth A Systematic Redesign Deconstruction of of the Key Moments in Real Guest Experiences the Guest Journey 拆解真实住宿体验 重构关键体验节点 Creating a Verifiable and Scalable Operational Standard and Product
Slide 9: Atour Origin Leverages Differentiated Product Features to Unlock Brand Premium
Atour Origin Leverages Differentiated Product Features to Unlock Brand Premium Potential 亚朵见野以产品特色打开品牌溢价空间 RevPAR of Atour Origin Hotels in Operation (1) 亚朵见野在营酒店RevPAR(1) RMB 400+ Integrating Cultural Rolling Out the Deep Elements and Service Sleep System Hotel- Details from Yunnan Wide 融入云南在地 推进整店
Slide 10: SAVHE Hotel Builds Brand Visibility and Expands Development Potential
SAVHE Hotel Builds Brand Visibility and Expands Development Potential 萨和持续积累品牌声量，拓宽自身发展边界 RevPAR of SAVHE Hotels in Operation(1) 萨和在营酒店RevPAR (1) RMB 910+ With a Long-Term View on SAVHE, We Continuously Drive Brand Upgrades 对萨和的规划着眼于长远，持续推动品牌升级 (1) For the First Quarter of 2026 10
Slide 11: Atour Light's Differentiated Momentum Further Strengthened
Atour Light’s Differentiated Momentum Further Strengthened 轻居的差异化势能进一步积累 RevPAR Premium of Atour Light 3.3 vs. 3.0 (1) 轻居3.3在营酒店RevPAR vs 3.0 (1) 10%+ Continued to Comprehensively and Systematically Enhance Atour Light’s Operational Efficiency and Product Competitiveness 持续全方位、系统性地提升轻居的经营效率与产品竞争力 (1
Slide 12: Retail Business Sustained Strong Growth Momentum
Retail Business Sustained Strong Growth Momentum 零售业务延续强劲增长 Retail Revenue(1) TOP 零售收入(1) (RMB mn) +54.4% 1,071 Atour Planet’s Ranking 694 Among the Top Brands in the Bedding Category on Major Third-Party Platforms(1) 亚朵星球在主流第三方平台床 上用品品类排名头部行列(1) 1Q25 1Q26 (1) For the First Quarter of 2026 12
Slide 13: The Pillow Category Maintained Strong and Clear Leadership
The Pillow Category Maintained Strong and Clear Leadership 枕头品类保持断层领先优势 No.1 Sales Ranking in the Pillow Category on Major Third- Party Platforms(1) 枕头品类在主流第三方平台 销售排名(1) Capitalizing on the Festival Season, Launched a Special Edition of the Deep Sleep Memory Foam Pillow Pro 3.0, Turning a Sleeping P
Slide 14: The Comforter Category's Market Share Continued to Increase
The Comforter Category’s Market Share Continued to Increase 被⼦品类市占率稳步提升 3mn+ Accumulated Sales Units of Deep Sleep Thermo-Regulating Comforter Pro Series(2) 深睡控温被Pro系列累计销量(2) Within Just 45 Days of Launch, Deep Sleep Thermo-Regulating Comforter Pro 3.0 (Summer Season) GMV Exceeded RMB100 Million 深睡控
Slide 15: Atour Planet's Sleep Ecosystem Evolving, Mindshare Among Users Becoming Stronger
Atour Planet’s Sleep Ecosystem Evolving, Mindshare Among Users Becoming Stronger 亚朵星球睡眠生态持续完善，用户心智日益稳固 ··· Deep Sleep Loungewear Deep Sleep Fitted Sheet 深睡睡⾐ 深睡床笠 15
Slide 16: Atour Membership Evolving as a Lifestyle Membership Brand
Atour Membership Evolving as a Lifestyle Membership Brand That Warmly Accompanies Users 亚朵会员持续成为陪伴用户温暖同行的生活方式会员品牌 No. of Registered Individual Members(1) 注册会员数(1) (mn) Focusing on “Deep Sleep” Scenario to Drive Synergy Between Hotel and Retail Businesses 围绕“深睡”场景，推动住宿及零售业务协同 +20% 116 97 Enhancing Me
Slide 17: Published Atour Group 2025 ESG Report
Published Atour Group 2025 ESG Report 发布亚朵集团2025年度ESG报告 Advancing Environmental Keep Providing Industry Establishing the Atour Continuously Enhancing Foundation to Advance the ESG Governance Responsibility Across Support And Social Operations Assistance Programs Public Welfare Initiatives 不断提升ESG治理水
Slide 18: Financial Review
Financial Review 财务表现 18
Slide 19: Financial Highlights
Financial Highlights 财务数据 Net Revenues Gross Profit 收入 毛利 (RMB mn) (RMB mn) +47.5% YoY +41.1% YoY 2,788 2,811 57 54 1,226 53 1,163 49 1,071 1,166 1,906 51 825 613 564 44 118 694 148 356 129 1,568 1,417 560 550 1,032 425 1Q25 4Q25 1Q26 1Q25 4Q25 1Q26 Manachised hotels Leased hotels Retail Others Hote
Slide 20: 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) +42.0% YoY +51.1% YoY 712 716 493 490 345 474 1Q25 4Q25 1Q26 1Q25 4Q25 1Q26 Adj. Net Adj. EBITDA 18.1% 17.7% 17.4% 24.9% 25.5% 25.5% Profit Margin Margin (1) Adjusted net incom
Slide 21: 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) 3,683 mn RMB 3,441 mn RMB (1) As of March 31, 2026 (2) Net cash equals cash and cash equivalents less total borrowings 21
Slide 22: First Dividend Payment in 2026
First Dividend Payment in 2026 2026年首次分红 Cash Dividend The Aggregate Amount of per ADS the Cash Dividend 每ADS派息金额 派息总额 US $0.54 ∼US $72 mn 22
Slide 23: 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 24%-28% (YOY) 23
Slide 24: Q&A
Q&A 问答 24
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