Tag
Hotels & Resorts
5 articles
Hotel sector expansion and financial performance demonstrate a mixed but generally positive outlook. Royal Orchid Hotels is strategically entering Telangana with a new Regenta property, aligning with broader growth plans targeting business and leisure travelers, while Brigade Hotel Ventures reported a substantial 92% jump in Q4 profit, fueled by strong domestic demand and a significant capex plan. Despite these gains, Lemon Tree Hotels has terminated multiple hotel agreements due to non-payment and operational issues, though the company maintains these actions have minimal financial impact. Kamat Hotels also reported a net profit, though auditor concerns regarding ongoing investigations and lease extensions warrant monitoring.
Royal Orchid Hotels Launches Regenta Place Hyderabad
Royal Orchid Hotels Ltd launches new Regenta Place property in Hyderabad's HITEC City, marking its entry into Telangana.
The property features 74 keys, a multi-cuisine café, and a 3,000 sq ft rooftop
Kamat Hotels Q4 FY26 Net Profit ₹12.78 Crore
Kamat Hotels reported Q4 FY26 standalone net profit of ₹12.78 crore, with annual profit at ₹40.37 crore for FY26.
Board approved appointment of Milind Wadekar as Chief Financial Officer effective Augu
Lemon Tree Terminates Hotel Management Agreement
Lemon Tree's subsidiary terminated a Master Service Agreement for a Keys Select hotel due to non-payment of fees.
The termination involves three counterparties and concerns a hotel operated under the
Brigade Hotel Ventures Q4 FY26 PAT Jumps 92% YoY
Brigade Hotel Ventures reported Q4 FY26 PAT of ₹25 crore, up 92% YoY, driven by 13% EBITDA growth and lower finance costs.
Full-year FY26 PAT surged 174% to ₹65 crore, with total income up 15% to ₹543
Lemon Tree Terminates Manesar Hotel Agreements
Lemon Tree Hotels mutually terminated Hotel Operating and License Agreements for its Lemon Tree Hotel, Tarudhan Valley, Manesar property.
The agreements were originally executed on July 28, 2015, betw