Key highlights for the period included RevPAR up 12 percent YoY; ADR up 16 percent YoY. The company reported its total income for the period to be Rs 589.2 crores up 27 percent YoY and EBITDA at Rs 272.6 crore up 29 percent YoY. Profit after Tax stood at Rs 124.1 crores up 29 percent, said a company release.Key highlights for the period included RevPAR up 12 percent YoY; ADR up 16 percent YoY. The company reported its total income for the period to be Rs 589.2 crores up 27 percent YoY and EBITDA at Rs 272.6 crore up 29...
In Q3 FY 26, the company reported consolidated revenue of Rs 722 crore, a growth of 27 percent year on year (YoY). Consolidated EBITDA was at Rs 348 crore, a growth of 25 percent YoY. Consolidated EBITDA margin was at 48 percent. Profit After Tax was Rs 141 crore, its fifth consecutive quarter of positive PAT.In Q3 FY 26, the company reported consolidated revenue of Rs 722 crore, a growth of 27 percent year on year (YoY). Consolidated EBITDA was at Rs 348 crore, a growth of 25 percent YoY. Consolidated EBITDA margin was at 48 percent. Profit After Tax...
The Company will now add over 500 new keys across three properties in Chennai including Courtyard by Marriott at Chennai World Trade Center, Grand Hyatt Chennai ECR and JW Marriott Chennai OMR. Brigade Group had already acquired lands for these projects to create hospitality destinations in Chennai.The Company will now add over 500 new keys across three properties in Chennai including Courtyard by Marriott at Chennai World Trade Center, Grand Hyatt Chennai ECR and JW Marriott Chennai OMR. Brigade Group had already acquired lands for these projects to create hospitality destinations in Chennai.
In addition to the upgraded accommodations, including the Courtyard Premium Studio, the hotel has also renovated its meeting rooms, further strengthening its offerings for corporate meetings and business events, said a release.In addition to the upgraded accommodations, including the Courtyard Premium Studio, the hotel has also renovated its meeting rooms, further strengthening its offerings for corporate meetings and business events, said a release.
The industry and its leaders felt that the Government has made moves in the right direction, though the sector’s longstanding wish for industrial status with its benefits remain unfulfilled.The industry and its leaders felt that the Government has made moves in the right direction, though the sector’s longstanding wish for industrial status with its benefits remain unfulfilled.
Today, we continue our Environmental Policy series by exploring Product Usage Phase Management and End-of-Life Product Management. As a sustainable hotel supplier serving global hotels and resorts, GCSTIMES believes sustainability must be built into every stage of a product’s lifecycle, from daily use to responsible retirement.Today, we continue our Environmental Policy series by exploring Product Usage Phase Management and End-of-Life Product Management. As a sustainable hotel supplier serving global hotels and resorts, GCSTIMES believes sustainability must be built into every stage of a product’s lifecycle, from daily use to responsible retirement.
Employers of gig workers are reviewing the proposed labour code rules to understand their cost and operational impact. Many firms are consulting lawyers and staffing experts while reassessing expansion and workforce models. Companies say uncertainty remains as states are yet to finalise how the rules will be implemented.Employers of gig workers are reviewing the proposed labour code rules to understand their cost and operational impact. Many firms are consulting lawyers and staffing experts while reassessing expansion and workforce models. Companies say uncertainty remains as states are yet to finalise how the rules will be implemented.
Pursuant to this agreement, Fleur Hotels Limited will repair and reconstruct a heritage hotel comprising approximately 47 rooms, which will be branded as Aurika Varanasi.Pursuant to this agreement, Fleur Hotels Limited will repair and reconstruct a heritage hotel comprising approximately 47 rooms, which will be branded as Aurika Varanasi.
Jeffer Mangels Butler & Mitchell LLP today announced that effective Feb. 1, 2026, the Firm will adopt its new name, Jeffer Mangels & Mitchell LLP (JMM), as it enters its 45th year serving clients across California, throughout the country, and internationally.Jeffer Mangels Butler & Mitchell LLP today announced that effective Feb. 1, 2026, the Firm will adopt its new name, Jeffer Mangels & Mitchell LLP (JMM), as it enters its 45th year serving clients across California, throughout the country, and internationally.
In his new role, Shekhawat will work closely with divisional and corporate finance teams to strengthen growth and resilience across Accor’s portfolio. He will play a pivotal role in shaping the long-term financial strategy for Rajasthan and surrounding markets.In his new role, Shekhawat will work closely with divisional and corporate finance teams to strengthen growth and resilience across Accor’s portfolio. He will play a pivotal role in shaping the long-term financial strategy for Rajasthan and surrounding markets.