Tag
Hotels & Hospitality
5 articles
Indian hotels are demonstrating a mixed performance amidst shifting demand dynamics. While Lemon Tree Hotels reported a strong 19% increase in net profit, driven by rising occupancy and third-party management fees, others like Apeejay Park Hotels and Eco Hotels experienced profit declines, partly attributed to geopolitical factors impacting banquet sales and occupancy. EIH Ltd saw revenue growth but faced margin pressure due to expansion costs, highlighting the ongoing investment cycle within the sector. These varied results suggest that while domestic tourism remains robust, international travel volatility and operational challenges continue to influence the hospitality landscape.
TAJ GVK Reclassifies Indian Hotels as Public Shareholder
TAJ GVK board approved reclassifying The Indian Hotels Company Limited from promoter group to public shareholder on July 31, 2026.
The company filed necessary application with stock exchanges for this
EIH Q1FY27 Revenue Up 15% Despite Margin Pressure
EIH Ltd reported 15% YoY revenue growth to ₹698 crore in Q1FY27, though EBITDA margins were impacted by new hotel ramp-up and higher costs.
Strong domestic demand offset a decline in foreign tourist a
Royal Orchid Hotels Q1 FY26 Investor Meet Recording
Royal Orchid Hotels intimated exchanges of an investor meet audio/video recording discussing Q1 FY26 unaudited financial results.
The meeting was held on August 14, 2026, pursuant to SEBI LODR Regulat
Apeejay Park Hotels Q1 FY27 Net Profit Drops 14.4% YoY
• Board approved unaudited standalone and consolidated financial results for Q1 FY27 ending June 30, 2026, with an unmodified audit opinion.
• Standalone revenue declined 7.6% YoY to ₹162.47 Cr, while
Lemon Tree Q1 FY27 Net Profit Up 19% YoY
Lemon Tree Hotels reported Q1 FY27 results with revenue at Rs. 346.8 crore (up 9% YoY) and PAT at Rs. 57.3 crore (up 19% YoY).
The company held an earnings conference call to discuss results, provide