Core Viewpoint - Atour (NASDAQ: ATAT) reported a significant increase in revenue and net income for the first nine months of 2025, indicating strong growth in its hotel and retail segments [1][3][20]. Financial Performance - For the first nine months of 2025, Atour's revenue reached 7 billion RMB (approximately 983 million USD), a 35.6% increase from 5.164 billion RMB in the same period last year [1]. - The operating profit for the same period was 1.6 billion RMB (approximately 225 million USD), up from 1.2 billion RMB the previous year [1][20]. - Net income for the first nine months of 2025 was 1.14 billion RMB (approximately 161 million USD), compared to 942 million RMB in the prior year [1][20]. Quarterly Performance - In Q3 2025, Atour's revenue was 2.63 billion RMB, a 38.4% increase from 1.9 billion RMB in Q3 2024 [3][9]. - Adjusted net income for Q3 2025 was 488 million RMB (approximately 69 million USD), reflecting a 27% increase from the previous year [20]. - The average daily rate (ADR) for Q3 2025 was 447 RMB, with an occupancy rate of 80.2% [10][20]. Business Segments - Revenue from managed hotels in Q3 2025 was 1.56 billion RMB, a 32.3% increase from 1.18 billion RMB in Q3 2024 [9][10]. - Retail revenue surged to 846 million RMB in Q3 2025, a 76% increase from 480 million RMB in the same quarter last year [9][10]. - The total number of hotels operated by Atour reached 1,948, with a total of 219,359 rooms as of September 30, 2025 [3][20]. Cash and Dividends - As of September 30, 2025, Atour held approximately 2.7 billion RMB (375 million USD) in cash and cash equivalents [6][20]. - The company announced a cash dividend of 50 million USD as part of its commitment to enhance shareholder value, with a total of approximately 108 million USD in dividends for 2025 [4][5].