Indian Hotels - Focusing On Management Contracts: Motilal Oswal

Taj Vivanta - An Indian Hotels Company Ltd. brand. (Source: Company website)

Indian Hotels - Focusing On Management Contracts: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

The Indian Hotels Company Ltd. hosted its investors meet, where it articulated its strategy to capitalise on business recovery, focus on new brands and businesses, pursue asset light growth, sustain spend optimisation, strengthen the balance sheet, and focus on return on capital employed.

Key highlights from the meet are:

  • In FY18, management contract hotels formed 32% of the overall portfolio, which has now increased to 46% (including hotels in the pipeline). The company targets to take it to 50% going forward. About 78% of current pipeline hotels are under management contracts.

  • As per ‘Aspiration CY22’ announced in CY18, it looked to sign 15 hotels under management contract annually. However, it added 22/29/17 hotels in FY19/FY20/FY21.

Click on the attachment to read the full report:

Motilal Oswal Indian Hotels Company Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.