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Will 35% margin be the new normal for Indian Hotels in foreseeable future? Puneet Chhatwal answers

Puneet Chhatwal, MD & CEO of IHCL, discusses the projected increase in management fee income, expecting it to reach Rs 550 crore by 2025-26. He highlights the high flow-through of management fee business, stating that it is expected to grow at a rate of over 20% per annum. Chhatwal mentions the significant contribution of fee-based business and operating leases to IHCL s overall revenue. He concludes with confidence in the company s financial growth and the potential for further margin expansion.

Which Tata Group stock performed the best in 2023? The answer may surprise you

Benares Hotels shares up on Q2 results - The Hindu BusinessLine

Benares Hotels shares up on Q2 results - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Genuine hospitality professionals needed to maintain Lalitha Mahal Palace Hotel

Genuine hospitality professionals needed to maintain Lalitha Mahal Palace Hotel
starofmysore.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from starofmysore.com Daily Mail and Mail on Sunday newspapers.

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