Expansion of Hotel Network
In the first quarter of 2025, Atour opened 121 new hotels, representing a 24.7% year-over-year increase. By the end of the first quarter, the total number of hotels in operation reached 1,727, a 32.6% year-over-year increase.
Strong Retail Business Growth
The retail business maintained strong growth momentum with GMV reaching RMB 845 million, up 70.9% year-over-year. This growth was driven by rising brand strength and growing customer loyalty, with online channels contributing over 90% of total GMV.
Financial Performance Improvement
Net revenues for the first quarter of 2025 grew by 29.8% year-over-year. Adjusted net income increased by 32.3% year-over-year to RMB 345 million, and adjusted EBITDA increased by 33.8% year-over-year to RMB 474 million.
Dividend and Share Repurchase Program
Atour announced a cash dividend of USD 0.14 per ordinary share and a 3-year share repurchase program with an aggregate value of up to USD 400 million.
Membership Growth
Registered individual members surpassed 96 million by the end of the first quarter, representing a 35.4% year-over-year increase.