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Informist, Thursday, Feb. 12, 2026

 

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--Indian Hotels: Taj brand leads total revenue with 69% share as on Dec.31
--CONTEXT: Indian Hotels mgmt comments in post-earnings analyst concall
--Indian Hotels: Operational hotel rooms as on Dec.31 at 32,300
--Indian Hotels: Currently 30,200 new hotel rooms in pipeline
--Indian Hotels: 80% of new rooms coming up are managed assets
--Indian Hotels: New hotel in Bengaluru with GVK Hotels to open in 3-4 mos
--Indian Hotels: Managed hotels to drive growth going forward
--Indian Hotels: Ginger and other brands to contribute 25% to revenue
--Indian Hotels: Expecting double-digit revenue growth in FY26 and FY27
--Indian Hotels: Expect over 60 managed hotels to begin operations in FY27
--Indian Hotels: Acquired assets to bring INR 2 bln-INR 3 bln to sales FY27
--Indian Hotels: Q4 average revenue per available room growth seen at 9-10%
--Indian Hotels: Not looking to exit New York hotel property The Pierre
--Indian Hotels: In talks with The Pierre property owner to continue lease
--Indian Hotels: Confident of 12-14% revenue growth going forward
--Indian Hotels: Investing a lot in London

 

By Narayana Krishna and Shweta

 

HYDERABAD/MUMBAI – Indian Hotels Co. Ltd. is confident of achieving double-digit growth of around 12-14% going forward, led by robust demand across regions, expanded room capacity, and additional revenues from acquired assets, the company's management said in a post-earnings analysts conference call on Thursday.

 

For the December quarter, Indian Hotels reported 12% on-year growth in its consolidated revenue at INR 28.42 billion. The company's consolidated net profit was INR 9.03 billion, up 55% on year.

 

The Taj, the core brand of the company, contributed 69% of the company's total revenue, while the remaining came from other brands. As on Dec. 31, Indian Hotels has a total of 32,300 operational rooms spread across 361 hotels. The company is in the process of adding 30,200 new rooms in the pipeline, which are coming through 256 hotels.  

 

Indian Hotels management said 80% of the new rooms in the pipeline are coming up in the form of managed assets, which is in line with the company's asset light strategy. The company is expecting to begin operations for at least 60 managed hotels in 2026-27 (Apr-Mar).

 

Among the new hotel properties added to the network, over 250-room hotel in Bengaluru, in partnership with GVK group is expected to open in the next three-four months. The management said the acquisition of stake in Bridge Hotel and Atmantan is expected to contribute meaningfully with an additional revenue of INR 2 billion-INR 3 billion to the overall revenues in FY27. Managed assets are going to be the big growth drivers for the company going forward, the management said.

 

The hospitality company said its budget hotel brand Ginger, along with a few other new business verticals, are expected to contribute over 25% to the revenues going forward.

 

The company is expecting the average revenue per available room for the March quarter around 9-10% against the average revenue per available room of 9% for the December quarter.

 

Responding to reports on the company exiting the iconic New York hotel property The Pierre, the Indian Hotels management categorically denied the reports, saying that it will continue to manage the hotel, which is on a long-term lease with the company. The management said the company is in talks with the property owner, too, on the issue.

 

Indian Hotels is investing heavily on renovating its London property, and it is expected to be operational by March. The property is expected to give a big boost to the company's international revenue, and the impact may be seen from Apr-Jun.

 

On Thursday, Indian Hotel shares ended 0.6% higher at INR 712 apiece on the National Stock Exchange.  End

 

Edited by Deepshikha Bhardwaj

 

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