Lifestyle hotelier Atour reports a 6.5% drop in Q2 RevPAR
08/30/2024|2:02:51 PM|ChinaTravelNews

Atour's net revenues for the second quarter of 2024 increased by 64.5% to RMB1,797 million (US$247 million) from RMB1,093 million for the same period of 2023, mainly driven by the growth in machined hotel and retail businesses.

The average daily room rate (“ADR”) was RMB441 for the second quarter of 2024, compared with RMB475 for the same period of 2023 and RMB430 for the first quarter of 2024.  

The revenue per available room (“RevPAR”) was RMB359 for the second quarter of 2024, compared with RMB384 for the same period of 2023 and RMB328 for the first quarter of 2024.