Samhi Hotels Limited — Updates, 29-01-2025: Press Release

RevPAR for Q3 FY25 increased by 15.1% YoY, reaching INR 5,088, reflecting robust demand across key markets. Overall, asset income rose by 10.1% YoY to INR 2,964 Mn, while asset EBITDA grew by 12.6% to INR 1,220 Mn. Consolidated PAT stood at INR 228 Mn, which includes a one-time non-cash refinancing expense of INR 65 Mn, projected to yield annual interest savings of INR 160 Mn. Occupancy rates were strong, at 72%, indicating a recovering hospitality sector.

Strategic initiatives include the reopening of the renovated Caspia Pro in Greater Noida and advancements in multiple growth projects, including new developments under the Holiday Inn and Westin brands. The projected doubling of upper upscale and upscale inventory positions the company favorably in the market, suggesting a positive growth trajectory ahead. Investors should watch closely for the ongoing developments and their potential impact on earnings.