Motilal Oswal: Indian Hotels’ Cost Initiatives Save The Day
Guests are seen in the lobby at the Taj Mansingh Hotel in New Delhi. (Photographer: Amit Bhargava/Bloomberg News)

Motilal Oswal: Indian Hotels’ Cost Initiatives Save The Day

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

Revenue per available room performance for The Indian Hotels Company Ltd. standalone improved sequentially, led by improved occupancy levels.

The company has been successful in generating an additional revenue stream (with higher Ebitda flow) without deploying additional resources.

Cost reduction initiatives undertaken by the company have yielded results, wherein Ebitda (including other income) stood at Rs 130 million for September 2020 (versus loss of Rs 600 million/Rs 360 million for July/August 2020). This, in our view, is commendable.

Click on the attachment to read the full report:

Motilal Oswal Indian Hotels Q2FY21 Result Update.pdf

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