A total of 2,015 hotels, or 224,423 hotel rooms, in operation as of December 31, 2025. Net revenues for the fourth quarter of 2025 increased by 33.8% to RMB2,788 million (US$399 million), compared with RMB2,084 million for the same period of 2024. Net revenues for the full year of 2025 increased by 35.1% to RMB9,790 million (US$1,400 million), compared with RMB7,248 million for the full year of 20...
A total of 2,015 hotels, or 224,423 hotel rooms, in operation as of December 31, 2025. Net revenues for the fourth quarter of 2025 increased by 33.8% to RMB2,788 million (US$399 million), compared with RMB2,084 million for the same period of 2024. Net revenues for the full year of 2025 increased by 35.1% to RMB9,790 million (US$1,400 million), compared with RMB7,248 million for the full year of 2024. Net income for the fourth quarter of 2025 increased by 44.7% to RMB478 million (US$68 million), compared with RMB331 million for the same period of 2024. Net income for the full year of 2025 increased by 27.4% to RMB1,621 million (US$232 million), compared with RMB1,273 million for the full year of 2024. Adjusted net income (non-GAAP) 1 for the fourth quarter of 2025 increased by 48.0% to RMB493 million (US$71 million), compared with RMB333 million for the same period of 2024. Adjusted net income (non-GAAP) 1 for the full year of 2025 increased by 34.2% to RMB1,753 million (US$251 million), compared with RMB1,306 million for the full year of 2024. for the fourth quarter of 2025 increased by 48.0% to RMB493 million (US$71 million), compared with RMB333 million for the same period of 2024. Adjusted net income (non-GAAP) for the full year of 2025 increased by 34.2% to RMB1,753 million (US$251 million), compared with RMB1,306 million for the full year of 2024. EBITDA (non-GAAP) 2 for the fourth quarter of 2025 increased by 58.4% to RMB697 million (US$100 million), compared with RMB440 million for the same period of 2024. EBITDA (non-GAAP) 2 for the full year of 2025 increased by 35.1% to RMB2,349 million (US$336 million), compared with RMB1,739 million for the full year of 2024. for the fourth quarter of 2025 increased by 58.4% to RMB697 million (US$100 million), compared with RMB440 million for the same period of 2024. EBITDA (non-GAAP) for the full year of 2025 increased by 35.1% to RMB2,349 million (US$336 million), compared with RMB1,739 million for the full year of 202...