Geopolitical tensions may hit foreign tourist inflows, affecting occupancies and room rates even as domestic demand stays resilient; outlook hinges on conflict duration
ICICI Securities has maintained 'Buy' ratings on major listed players - Indian Hotels, ITC Hotels, Leela Palaces Hotels & Resorts, Lemon Tree Hotels, and Chalet Hotels
In February, Lemon Tree Hotels shares plunged 16 per cent, Chalet Hotels tanked 14 per cent, Indian Hotels Company (IHCL) slipped 5 per cent and ITC Hotels fell 8 per cent
Here's why technical analysts at Kotak Securities and Bonanza are bullish on Trent, Tata Steel, Titan and Voltas. Tata Sons board meet on Tuesday, February 24.
The brokerage preference remains hotels over aviation and luggage within the travel and related consumption basket, reflecting stronger earnings visibility in hotels
Indian Hotels Company reported a net profit of ₹954.2 crore, up 50.2 per cent compared to ₹635.2 crore in the year-ago period
ACC, IRCTC, IREDA, Akzo Nobel India, Emami, KPIT Technologies and Premier Energies also hit 52-week lows in the intraday trade on February 1
Share price of Kalyan Jewellers India tanked 14 per cent to hit a 52-week low of ₹390 amid heavy volumes.
Nomura maintains 'Buy' rating for the Indian Hotel Company and a target price of ₹830, which implies an upside potential of 20.64 per cent from Wednesday's close price
Brij Hospitality Private Limited has a portfolio of 22 hotels, including 11 hotels under development
Nomura has set a target price of ₹830 for the Indian Hotels stock, based on a valuation of 26 times its estimated FY28 EV/Ebitda
The structural outlook remains favourable, analysts said. Mumbai contributes nearly 15 per cent to India's hotel room revenue and disproportionately dominates the luxury segment.
Hotel prices in India's metro cities are likely to remain firm due to limited supply additions, even as higher room availability in tier-2 markets may cap rate growth, YES Securities said.
After a muted first half, the hotel major expects double-digit RevPar and revenue growth driven by renovations, room additions and peak-season demand
The transaction will entail a primary investment of Rs 205 crore and a secondary share purchase of Rs 35 crore
The outlook continues to remain healthy for Indian Hotels, led by continued traction in both the core business and new and reimagined businesses, say analysts.
Co. records 14th consecutive quarter of growth, net tumbles due to one-off gain
Indian Hotels Company Limited (IHCL) on Tuesday reported a 45 per cent decline in its consolidated net profit of Rs 318.26 crore for the second quarter ended September 2025. In the year-ago period, the country's biggest hospitality player had posted a consolidated net profit of Rs 582.71 crore. The decline is despite revenue growth during the July-September quarter under review, as revenue from operations stood at Rs 2,040.89 crore, as against Rs 1,826.12 crore a year ago, according to a regulatory filing. At the same time, Tata Group-owned IHCL's total expenses also increased to Rs 1,671.54 crore, from Rs 1,502.01 crore in the same quarter of the last fiscal. IHCL, which owns the 'Taj' marquee brand, has two primary revenue segments, including Hotel Services and Air and Institutional Catering (TajSATS). "IHCL continued its accelerated growth momentum in the first half of FY2026 with 46 signings to reach a portfolio of 570 hotels and opened 26 hotels, crossing a milestone of over
The country's biggest hospitality firm Indian Hotels Company Limited (IHCL) has announced a capital infusion of nearly Rs 220 crore into its wholly owned subsidiary IHOCO BV, based in the Netherlands. The investment amount will be used by IHOCO BV to further invest in its subsidiaries for repayment of debt and operational requirements, Tata Group-owned IHCL said in a late-night regulatory filing to the exchanges on Thursday. IHOCO BV, a wholly owned subsidiary of IHCL, is its apex holding company for overseas hospitality investments. It was incorporated on June 29, 1984. In a regulatory filing, IHCL said it has "infused USD 25 million as equity in its wholly owned subsidiary in the Netherlands, i.e. IHOCO BV. The investment amount will be used by IHOCO BV to further make investment in its subsidiaries, inter alia, for repayment of debt and operational requirements". The transaction involves a cash consideration of Rs 219.69 crore, which would be paid to IHOCO at a conversion rate o
The industry witnessed 18-20 per cent growth in the first half of Fy26 and is expected to clock mid to high teens growth in the second half as well