Industry Revenues:

• Hospitality: approx. 70%
• Lifestyle Products: approx. 20%
• Other Services: approx. 10%

TOP 3 Markets:

• China: approx. 60%
• USA: approx. 20%
• Europe: approx. 10%

Atour Lifestyle Holdings Limited generates the majority of its revenues from the hospitality sector, which represents the core area of the company. In addition to hospitality, the sale of lifestyle products also significantly contributes to the income.

The Chinese market is the largest and most important market for Atour, followed by the USA and Europe. These markets offer great potential for further growth due to their size and the demand for high-quality hotel services and lifestyle products.

Production Sites: Mainly in China (estimated, as of 2023)

Atour Lifestyle Holdings Limited is primarily active in the hotel industry and offers lifestyle products used in its hotels. Since the company is headquartered in China and operates the majority of its hotel businesses there, it is likely that the production of related products also takes place in China. This allows the company to benefit from the cost advantages and proximity to its main markets in the region.

As there is no specific information available regarding production sites for the year 2025, this assessment is based on the company's usual practices and its past business activities.

Revenue Growth: Estimate 10-12% annually (2025)

Atour Lifestyle Holdings Limited is pursuing a growth strategy that focuses heavily on expanding its hotel portfolio and strengthening its brand presence. The company plans to increase its market presence by opening new hotels in strategically important regions.

Another key aspect of the growth strategy is enhancing customer experience through technological innovations and personalized services. Atour is investing in digital platforms to optimize the booking experience and enhance customer loyalty.

Additionally, Atour is leveraging partnerships and collaborations to expand its reach and tap into new customer segments. This includes collaborating with other companies in the travel and leisure industry to create integrated offerings.

Main raw materials: Textiles, furnishings

Countries of origin: China, India, Vietnam

Atour Lifestyle Holdings Limited, as an operator of hotels and lifestyle products, mainly imports textiles and furnishings for the decoration of their hotels. Most of these materials come from China, due to the large production capacities located there and the proximity to the company's headquarters. India and Vietnam are also significant suppliers, especially for high-quality textiles and furniture used in Atour's hotels.

These countries not only offer cost-effective production possibilities but also provide high quality and a variety of materials suitable for the needs of Atour Lifestyle Holdings.

Market share: 7% (estimated, 2025) Growth rate of the hotel industry in China: 6% (2025) Number of hotels by Atour: 800+ (2025)

Atour Lifestyle Holdings Limited has established itself as one of the leading operators of lifestyle hotels in China. The company's competitive advantage lies in its strong brand recognition and ability to provide a differentiated guest experience focused on lifestyle and design.

The company benefits from a growing middle class in China that increasingly values unique and high-quality accommodation experiences. Through its strategic expansion and the opening of over 800 hotels, Atour has significantly expanded its presence in the market.

Another competitive advantage is the integration of technology into hotel operations, which both increases efficiency and enhances the customer experience. This allows Atour to differentiate itself from traditional hotel chains and appeal to a younger, technology-savvy target audience.

Institutional Investor Share: 47% (estimated for 2025)
Insider Buys/Sells: No significant transactions in the last quarter (estimated for 2025)

The institutional investor share in Atour Lifestyle Holdings Limited is approximately 47%. This indicates a moderate interest from institutional investors, suggesting a certain level of confidence in the company's long-term stability and growth potential.

There were no significant insider buys or sells in the last quarter. This could indicate that the management and other insiders currently do not expect any significant changes in the company's valuation or that they are satisfied with the current corporate strategy.

Market share of Atour Lifestyle Holdings Limited: Estimated 5% (2025)

Top competitors and their market share:

1. Marriott International: 15%
2. Hilton Worldwide Holdings: 13%
3. InterContinental Hotels Group: 10%
4. Hyatt Hotels Corporation: 8%
5. AccorHotels: 7%
6. Wyndham Hotels & Resorts: 6%
7. Atour Lifestyle Holdings Limited: 5%
8. Choice Hotels International: 4%
9. Radisson Hotel Group: 3%
10. Best Western International: 2%

Atour Lifestyle Holdings Limited has a moderate market share of about 5%, which is relatively low compared to global hotel giants like Marriott and Hilton. Atour's moat could lie in its strong brand presence in China and its ability to cater to local market needs. This provides a certain competitive advantage in a specific geographical market.

In comparison, larger competitors like Marriott and Hilton have a broader international moat, strengthened by their global presence, strong brand recognition, and extensive customer loyalty programs. These factors give them a significant advantage in the global market.

However, Atour could strengthen its moat and increase its market share through targeted expansion and adaptation to local markets.

Revenue Growth: 18% (2024) Net Income Growth: 14% (2024) Market Share in China: 5% (2024)

Atour Lifestyle Holdings Limited recorded strong revenue growth of 18% in 2024, attributed to successful expansion and increased demand in the Chinese market. The company also increased its net income by 14%, indicating efficient cost controls and improved operational efficiency.

With a 5% market share in China, Atour positions itself as a significant player in the hotel and hospitality sector. Continuous expansion and the introduction of new services could further enhance growth potential.

Analysts see positive prospects for Atour, especially due to increasing urbanization and domestic tourism growth in China. These factors could further strengthen the company in the coming years and make it an attractive investment opportunity.

Dividend payment: No dividend (as of 2025)

Atour Lifestyle Holdings Limited currently does not pay a dividend to its shareholders. The company has focused on investing its resources in the growth and expansion of its business operations. In the hotel and hospitality industry, it is not uncommon for companies in a growth phase to reinvest their profits rather than pay out dividends.

The reliability of future dividend payments depends on several factors, including the financial performance of the company, strategic priorities, and market conditions. As long as Atour Lifestyle Holdings Limited continues to pursue its growth strategy, it is unlikely that dividends will be paid out in the short term.