Atour (ATAT) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, April 1, 2026 astatine 8:33 AM CDT 23 min read

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Tuesday, March 17, 2026 astatine 7 a.m. ET

• Chairman and CEO — Haijun Wang

• Co-Chief Financial Officer — Jianfeng Wu

• Chief Financial Officer — Luke Hu

Haijun Wang: [Interpreted] Thank you, Luke. Hello, everyone. Thank you for joining Atour's Fourth Quarter and Full Year 2025 Earnings Call today. Please crook to our results presentation. Looking backmost astatine 2025, sustained planetary competition, structural shifts successful depletion and accelerating technological translation collectively shaped the overarching taxable of the year. Amid a volatile recovery, China's question and user markets person go progressively mature, rational and resilient. In this environment, we are much convinced than ever that lone by staying existent to our user-first philosophy, relentlessly enhancing idiosyncratic acquisition and gathering enduring marque worth tin we navigate manufacture cycles successful an progressively competitory maturing market. 2025 marked the palmy completion of our Chinese Experience 2000 Premier hotels strategical initiative.

In presumption of the edifice business, we achieved our standard people of 2,000 premier hotels and further strengthened our marque done differentiated merchandise positioning and lawsuit experiences that resonate. Meanwhile, our retail concern sustained beardown maturation momentum, accounting for astir 40% of the group's full revenue. Atour Planet further reinforced its starring presumption successful China's slumber market, establishing itself arsenic the preferred prime for consumers. We proceed to spot increasing synergy betwixt our edifice and retail businesses with each strengthening the different to further enrich the worth proposition of our Chinese experience. As we participate 2026, we proceed to spot sizeable marketplace uncertainty. However, our strategical absorption has ne'er been clearer. We volition [Technical Difficulty]

Operator: Ladies and gentlemen, delight stay connected the line. Your league volition resume shortly.

Haijun Wang: [Interpreted] Yes. Thank you. As we participate 2026, we proceed to spot sizeable marketplace uncertainty. However, our strategical absorption has ne'er been clearer. We volition clasp alteration portion maintaining a semipermanent focus. We consistently make value-added experiences with a idiosyncratic interaction done high-quality products and services. Building connected this foundation, we person officially launched a caller 3-year strategical plan, Chinese acquisition brand-led excellence. Experience remains the cornerstone of our improvement and a halfway operator of growth. We volition further reenforce our differentiated acquisition mode, amplify our strength, pioneer caller frontiers and strengthening our enactment wrong the industry. Brand serves arsenic the anchor of our semipermanent improvement and the guiding unit down our strategy.