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    Xing Chen

    Research Analyst at UBS Group AG

    No verifiable information could be found regarding Xing Chen serving as an analyst or in any similar capacity at UBS Group AG. Existing public profiles for individuals named Xing Chen relate to other firms and roles outside of the financial analyst domain and do not support an affiliation with UBS, coverage of specific companies, or relevant performance data. As such, there is insufficient evidence to construct a professional profile matching your requested criteria.

    Xing Chen's questions to Atour Lifestyle Holdings (ATAT) leadership

    Xing Chen's questions to Atour Lifestyle Holdings (ATAT) leadership • Q2 2025

    Question

    Xing Chen from UBS Group asked for an update on the 2025 guidance for hotel openings and closures, the recent trend in franchise signings, and whether increasing market competition will affect future development plans.

    Answer

    Management confirmed its confidence in achieving the full-year guidance of 500 new hotel openings and reaching a total of 2,000 hotels. They anticipate 70 to 80 hotel closures for the full year as part of an active replacement strategy to maintain quality. Despite market turbulence, the company will adhere to high standards for new signings, prioritizing quality growth and long-term value for franchisees over sheer scale.

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    Xing Chen's questions to Atour Lifestyle Holdings (ATAT) leadership • Q2 2025

    Question

    Xing Chen from UBS Group AG asked if there were any changes to the 2025 guidance for hotel openings and closures, questioned the recent trend in franchise signings amid market competition, and inquired if this would affect future development plans.

    Answer

    CEO Wang Haijun (via moderator) affirmed confidence in meeting the full-year guidance of 500 new hotel openings and reaching a total of 2,000 hotels. He noted 34 closures in H1 and projected 70-80 for the full year to maintain quality standards. Despite market turbulence, the company will uphold high standards for new signings, prioritizing precise location selection and quality over scale, adhering to its long-termist development philosophy.

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