Group 1 - The core viewpoint of the articles highlights Atour Group's strong financial performance in Q1 2025, with significant year-on-year growth in revenue and profit metrics [1][2] - In Q1 2025, Atour Group achieved revenue of 1.906 billion yuan, a year-on-year increase of 29.8%, and an adjusted net profit of 345 million yuan, up 32.3% [1] - The adjusted EBITDA for the same period was 474 million yuan, reflecting a growth of 33.8% year-on-year [1] Group 2 - The average revenue per available room (RevPAR) for Atour Group was 304 yuan, which is 92.8% of the level from the same period in 2024 [1] - The average daily rate (ADR) was 418 yuan, representing 97.2% of the previous year's level, while the occupancy rate (OCC) was 70.2%, down from 95.8% year-on-year [1] - During the reporting period, Atour Group opened 121 new hotels, marking a 24.7% increase compared to the previous year, bringing the total number of operating hotels to 1,727 with approximately 194,600 rooms [1] Group 3 - In the retail segment, Atour Group's gross merchandise volume (GMV) reached 845 million yuan in Q1 2025, a substantial year-on-year increase of 70.9%, with online channels accounting for over 90% of this figure [1] - The company has been enhancing its membership system to drive synergy between accommodation and retail businesses, resulting in a registered member count exceeding 96 million, a 35.4% increase year-on-year [1] Group 4 - Based on the strong performance in retail and expectations for stable growth throughout the year, Atour Group has raised its full-year revenue guidance, projecting a year-on-year increase of 25%-30% for 2025 [2] - Atour Group announced a shareholder return plan, with an expected total dividend payout of approximately 58 million USD for 2025, alongside a three-year share repurchase plan with a total amount not exceeding 400 million USD [2]