FY25 Outlook: Hotels to see revenue growth of 9-11%, a 3rd straight Year of growth- CareEdge
8 months, 3 weeks ago

FY25 Outlook: Hotels to see revenue growth of 9-11%, a 3rd straight Year of growth- CareEdge

Live Mint  

Indian Hotels Company, EIH Ltd, Lemon Tree Hotels, Chalet Hotels share price have risen 70%-189% in last one year. The same has been helped by continuing upcycle as Revenue per available room have improved regularly in the back of rising occupancy and improvement in average room rates. The outlook remains strong and share prices of EIH, Lemont Tree Indina Hotels, Chalet Hotels rose up to 5.7% on Monday The analysts and experts expect the earnings growth trend to continue. CareEdge expects the Hotels to see 9–11% revenue Growth of in FY25, which will be the third consecutive year of Growth in the Current Upcycle. Revenue per Available Room, or RevPAR, increased by an astounding 88% in FY23 compared to the previous year, and it now stands at ₹4,200–4,400, which is 9% more than it was before to the pandemic, as per CareEdge Data.

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History of this topic

Chalet’s next 1,000: Acquisitions, new builds to fuel hotel chain’s aggressive expansion
5 days, 17 hours ago

Chalet’s next 1,000: Acquisitions, new builds to fuel hotel chain’s aggressive expansion

Live Mint  

Chalet Hotels Ltd is preparing to add another 1,000 rooms in India’s big cities over the next few years, including through acquisitions, seeking to expand its capacity by about one-third in the country’s heated hospitality sector. We are built on the business of hard assets, and that’s helping us in terms of value-creation," he said, adding that Chalet intends to …

Hotel industry expected to witness revenue growth of 7-9% in FY2025; spiritual tourism to drive demand
10 months ago

Hotel industry expected to witness revenue growth of 7-9% in FY2025; spiritual tourism to drive demand

Hindustan Times  

The Indian hotel industry is expected to witness a 7-9% revenue growth in FY2025, over the 14-16% growth expected in FY2024. The Indian hotel industry is expected to witness a 7-9% revenue growth in FY2025, over the 14-16% growth expected in FY2024, a report by ICRA has said. The healthy demand amid relatively lower supply would lead to higher ARRs, …

Indian hotel industry revenue expected to grow 7-9 pc in FY25: ICRA
10 months ago

Indian hotel industry revenue expected to grow 7-9 pc in FY25: ICRA

Hindustan Times  

Sustenance of domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions, including weddings and business travel despite a temporary lull during the election period are likely to drive demand in FY2025, ICRA said in a statement. "Demand is expected to remain strong across markets in FY2025, as consumer sentiments continue to be healthy and corporate performance is stable," ICRA …

Lemon Tree Hotels, Indian Hotels, Chalet Hotels gain ahead of ICC World Cup
1 year, 2 months ago

Lemon Tree Hotels, Indian Hotels, Chalet Hotels gain ahead of ICC World Cup

Live Mint  

Hotel stocks on Thursday's session were trading in the green zone in light of the ICC Men's World Cup, which will be played in 10 stadiums around the country from October 5 to November 19. Shares of Lemon Tree Hotels, Indian Hotels Company, and Chalet Hotels gained over 1% to 2% on Thursday. Chalet Hotels share price touched 52-week high …

Indian Hotels Company checks into growth mode
1 year, 3 months ago

Indian Hotels Company checks into growth mode

Live Mint  

The view for investors in shares of hotel companies in India is exciting right now. This bodes well for all hotel companies, including The Indian Hotels Co. Ltd. On Thursday, IHCL’s shares hit a new 52-week high of ₹436.45 apiece, and have gained 34% so far in 2023, sharply outperforming the nearly 9% rise in the Nifty 50 index. ICICI …

Indian Hotels raises the bar a little amid good momentum
1 year, 7 months ago

Indian Hotels raises the bar a little amid good momentum

Live Mint  

The Indian Hotels Co. Ltd ’s progress towards its goals set under the Ahvaan strategy 2025 is encouraging. What is more, in the recently held annual analysts and investors meet known as Capital Market Day, IHCL has revised some of the guidance under Ahvaan targets slightly upwards. While it is on track to reach its Ahvaan target of more than …

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