Espire Hospitality FY26 Revenue Hits Record ₹141 Crore

Average Daily Rate (ADR): ₹10,827 (compared to industry average of ₹8,792)
Revenue Per Available Room (RevPAR): ₹6,317 (compared to industry average of ₹5,745)

Added six new properties during Q4-FY26 contributing nearly 250 keys
Currently operates 20 hotels and resorts across three brands: Six Senses Fort Barwara, ZANA Luxury Resorts, and Country Inn Hotels & Resorts

Commenced development of ultra-luxury resort near Vrindavan with planned investment of approximately ₹300 crores
Project to be operated by Marriott International under JW Marriott brand
Funding through balanced mix of equity and debt
8 upcoming ZANA resorts in FY 2027 (Dehradun, Sohna, Jaipur, Theog, Noida, Bengaluru, Goa, Mumbai)
12 upcoming Country Inn hotels to be announced in upcoming quarters of FY 2027

Mr. Akhil Arora, Managing Director & CEO, highlighted:

Strong demand across leisure, spiritual and business travel segments
Focus on operational efficiency, revenue management, and cost controls
Expansion pipeline includes nearly 1,000 keys across multiple destinations including Bengaluru, Mussoorie, Gurugram, Greater Noida, Udaipur, Lucknow, Amritsar, Ghaziabad, Dehradun, Patna, Katra, Mukteshwar, Vadodara, Theog, Sohna, Varanasi, Dharamshala and Kasauli
Advanced discussions for over 15 properties across 10 destinations representing 1,000+ keys
Targeting business hubs (Mumbai, Ahmedabad, Chennai, Bengaluru, Lucknow, Amritsar, Bhopal, Jaipur, Gurugram, Ranchi, Chandigarh, Pune, Noida)
Expanding in spiritual circuits (Rishikesh, Puri, Varanasi, Haridwar)
Exploring leisure destinations (Sikkim, Dehradun, Darjeeling, Goa, Ootacamund, Dharamshala)

Plans to open 15 new hotels and resorts within next one year
25 new hotels and resorts in subsequent two years
Focus on scaling footprint across high-growth markets and strengthening premium offerings