Core Insights - Atour Group (NASDAQ: ATAT) reported Q3 2025 financial results with revenue of 2.628 billion RMB, a year-on-year increase of 38.4% [1] - Adjusted net profit reached 488 million RMB, up 27.0% year-on-year [1] - Adjusted EBITDA was 685 million RMB, reflecting a 28.7% year-on-year growth [1] Hotel Business Performance - The number of operating hotels reached 1,948, progressing towards the strategic goal of "2,000 good hotels" [1] - A record 152 new hotels opened in Q3, marking the highest quarterly opening in history [1] - Key operational metrics showed resilience, with average revenue per available room (RevPAR) at 371.3 RMB, recovering to 97.8% of the same period in 2024 [1] Retail Business Growth - The retail segment continued its rapid growth, achieving a GMV of 994 million RMB in Q3, a year-on-year increase of 75.5% [1] - Atour Planet maintained a leading position in the mainstream third-party platform rankings for bedding products [1] - Based on strong retail performance, the company raised its 2025 revenue guidance to a projected 35% year-on-year growth [1] Shareholder Returns - The company announced its second dividend plan for 2025, with a total payout of approximately 108 million USD, representing about 62% of last year's net profit [1] - As of the end of the quarter, Atour's registered members exceeded 108 million, reflecting a year-on-year growth of 30% [1]