The Atlas Hotel has officially arrived as a first-of-its-kind boutique lifestyle destination in Boston, and the city’s newest hotel in recent years.The Atlas Hotel has officially arrived as a first-of-its-kind boutique lifestyle destination in Boston, and the city’s newest hotel in recent years.
Revenue from operation grew 10.7 percent YoY to Rs 790 crore with volume growth of 8.4 percent YoY and EBITDA grew 77.1 percent YoY to Rs 98.4 crore with a margin of 12.5 percent (up by 466 bps YoY) due to favourable raw material prices as compared to base quarter, said a company release.Revenue from operation grew 10.7 percent YoY to Rs 790 crore with volume growth of 8.4 percent YoY and EBITDA grew 77.1 percent YoY to Rs 98.4 crore with a margin of 12.5 percent (up by 466 bps YoY) due to favourable raw material prices as compared...
Accrual accounting for hotels is essential for modern hotel financial planning and analysis. Unlike cash accounting, which only records transactions when money changes hands, accrual accounting captures revenues and expenses when they are incurred. This provides a more accurate view of a hotel’s performance and helps operators, asset managers, and owners make informed decisions.Accrual accounting for hotels is essential for modern hotel financial planning and analysis. Unlike cash accounting, which only records transactions when money changes hands, accrual accounting captures revenues and expenses when they are incurred. This provides a more accurate view of a hotel’s performance and helps operators,...
Embracing the spirit and raw beauty of the desert, Renaissance Esmerelda Resort & Spa – an iconic Coachella Valley retreat known for its immersive experiences – has completed a multi-million-dollar reinvestment program. The 560-room resort’s comprehensive transformation delivers a vibrant, contemporary refresh across public areas, meeting rooms, ballrooms and foyers, along with new pickleball courts, a fully redesigned front desk and lobby, and the debut of Seven Olive, a modern gastropub, alongside Topgolf Swing Suites.Embracing the spirit and raw beauty of the desert, Renaissance Esmerelda Resort & Spa – an iconic Coachella Valley retreat known for its immersive experiences –...
Q3 FY26 revenue stood at Rs 35.28 crore along with addition of 528 keys post IPO, said a company statement.Q3 FY26 revenue stood at Rs 35.28 crore along with addition of 528 keys post IPO, said a company statement.
We talk a lot about the “guest journey,” but we often overlook the most delicate part of it: the transition.We talk a lot about the “guest journey,” but we often overlook the most delicate part of it: the transition.
We will be in 114 unique locations across the country within the next 12 to 24 months: Nikhil Sharma
The managing director and chief operating officer, South Asia, Radisson Hotel Group, speaks about what 2026 and beyond look like for his company.The managing director and chief operating officer, South Asia, Radisson Hotel Group, speaks about what 2026 and beyond look like for his company.
Company reported a consolidated total revenue of Rs 143 crore in Q3 FY26, a growth of 14 percent over Q3 FY25. PAT stood at Rs 22 crores in Q3 FY26 compared to Rs 10 crores, a growth of 126 percent over the previous comparable period.Company reported a consolidated total revenue of Rs 143 crore in Q3 FY26, a growth of 14 percent over Q3 FY25. PAT stood at Rs 22 crores in Q3 FY26 compared to Rs 10 crores, a growth of 126 percent over the previous comparable period.