Atour Lifestyle Q4 Earnings Call Highlights

Management discussed developments across several brands. Wang said Atour 4.0 was upgraded into an independent brand, Atour Origin, which aims to combine business-travel functionality with a vacation-like ambience. For full-year 2025, management said RevPAR for Atour Origin hotels in operation exceeded RMB 430. At the time of the call, 55 Atour Origin hotels were in operation, with “over 50” projects in the pipeline.On distribution, management said the core CRS channel remained stable and accounted for 62.9% ...