Indian Hotels’ Performance Further Improves On A QoQ Basis: Motilal Oswal 
The Connaught in New Delhi, part of Indian Hotels’ SeleQtions brand of hotels. (Photo: Indian Hotels website)

Indian Hotels’ Performance Further Improves On A QoQ Basis: 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.’s revenue per available room performance has improved sequentially on the back of occupancy and average room rate improvement.

The cost reduction measures being deployed by the management have yielded results and led to a positive standalone Ebitda during Q3 FY21.

Around 86% of the company’s domestic hotels (excluding Ginger) were Ebitda positive in December 2020.

Consolidated performance was dragged by the international business due to the Covid-19 led lockdown.

Click on the attachment to read the full report:

Motilal Oswal Indian Hotels Q3FY21 Result Update.pdf


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