Atour held its fourth-quarter and full-year 2025 earnings conference call with Founder, Chairman and CEO Haijun Wang and EVP and Co-CFO Jianfeng Wu participating. Management said 2025 completed its “Chinese Experience, 2,000 Premier Hotels” initiative, ending the year with 2,015 hotels in operation and 779 hotels in the development pipeline. Wu said revenue from manachised hotels rose 28% year over year to RMB5.3 billion for 2025, while retail revenue increased 67% to RMB3.7 billion. Wu said the company ended 2025 with RMB3.3 billion in cash and cash equivalents and declared aggregate cash dividends of about USD108 million for the year. Wu said Atour expects 2026 total net revenues to increase 20% to 24% versus 2025.
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