Oriental Hotels reports standalone net loss of Rs 4.64 crore
Oriental Hotels Ltd has seven hotels including Taj Coromandel, Chennai, Taj Fisherman s Cove Resort and Spa, Chennai, Taj Malabar Resort and Spa, Kochi, among others, the release said.
Hotel occupancy levels improved to 35% in November 2020: JLL
Image by bottlein from Pixabay
Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, has reported a standalone net loss for the quarter ending March 31, 2021 at Rs 4.64 crore.
The company, which has several hotels, including the Taj Coromandel in Chennai, registered a net loss at Rs 18 lakh during the corresponding quarter last year.