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% ...

Atour Lifestyle (NasdaqGS:ATAT) Q4 2025 Earnings call March 17, 2026 07:00 AM ET Company ParticipantsJianfeng Wu - EVP and Co-CFOLuke Hu - Senior IR ManagerLydia Ling - Director in Equity ResearchSimon Cheung - Managing DirectorWang Haijun - Founder, Chairman, and CEONone - TranslatorConference Call ParticipantsDan Qi - Executive Director and Senior Equity AnalystRonald Leung - Managing Director and Senior AnalystSijie Lin - Professional Equity AnalystOperatorLadies and gentlemen, thank you for standing by, ...

Atour Lifestyle (NasdaqGS:ATAT) Q4 2025 Earnings call March 17, 2026 07:00 AM ET Speaker4Ladies and gentlemen, thank you for standing by, and welcome to Atour Lifestyle Holdings fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen only mode. After the speaker's presentation, there will be question and answer session. Today's conference is being recorded. I would now like to turn the conference over to Mr. Luke Hu, Senior IR Manager. Please go ahead, sir. ...