The company delivered record Q2 revenue of Rs 127.2 crore, up 17 percent year-on-year, despite the quarter traditionally being the weakest in the hospitality calendar. Q2 EBITDA stood at Rs 28.9 crore, while occupancy improved to 60 percent, ARR increased 12 percent to Rs 6,494 and Total RevPAR grew 12 percent, said a release.The company delivered record Q2 revenue of Rs 127.2 crore, up 17 percent year-on-year, despite the quarter traditionally being the weakest in the hospitality calendar. Q2 EBITDA stood at Rs 28.9 crore, while occupancy improved to 60 percent, ARR increased 12 percent to Rs 6,494 and Total RevPAR grew 12 percent, said a release.
Sterling posts 27th consecutive profitable quarter record expansion takes portfolio past 4,000-keys
