In the first half of FY 2026–27, Summit Hotels & Resorts celebrated a remarkable 162 percent rise in net operating profit, significantly overshadowing its 14 percent revenue growth. The increase in average room rates by 26 percent reflects the company’s adept revenue management. With anticipated recovery in seasonal demand and plans for new property openings, the company is optimistic about sustaining this positive momentum in the upcoming months.In the first half of FY 2026–27, Summit Hotels & Resorts celebrated a remarkable 162 percent rise in net operating profit, significantly overshadowing its 14 percent revenue growth. The increase in average room rates by 26 percent reflects the company’s adept revenue management. With anticipated recovery in seasonal demand and plans for new property openings, the company is optimistic about sustaining this positive momentum in the upcoming months.
Summit Hotels & Resorts reports 162% growth in net operating profit in H1 FY 2026–27
