Sign in

    Xin Chen • UBS Group AG

    Xin Chen's questions to Atour Lifestyle Holdings Ltd (ATAT) leadership

    Xin Chen's questions to Atour Lifestyle Holdings Ltd (ATAT) leadership • Q4 2024

    Question

    Xin Chen from UBS asked for an update on the strategy for Atour's high-end brands, Atour S and Sakura, and inquired about the recent performance of the Atour Light 3.0 brand.

    Answer

    CEO Haijun Wang stated that the upscale Atour S and Sakura brands are developing in parallel, with the first Sakura hotel in Shanghai receiving high praise since its opening. Regarding Atour Light 3.0, he confirmed its development is aligned with expectations, having expanded to over 100 hotels with strong operational performance and another 100+ in the pipeline, boosting franchisee confidence.

    Ask Fintool Equity Research AI

    Xin Chen's questions to Atour Lifestyle Holdings Ltd (ATAT) leadership • Q2 2024

    Question

    Xin Chen from UBS inquired about the company's RevPAR performance trends since July, the outlook for full-year 2024 RevPAR, and the expected full-year profit margin given the shifts in the group's revenue structure.

    Answer

    Founder, Chairman and CEO Haijun Wang acknowledged a high comparison base from last summer but expressed confidence in performance, noting same-hotel RevPAR is expected to outperform the group's blended rate. He raised the full-year revenue growth guidance to a range of 48% to 52% year-over-year and projected the full-year adjusted net profit margin would remain at approximately 18%.

    Ask Fintool Equity Research AI