Samhi Hotels Limited — Updates, 08-11-2024: Press Release
08-11-2024 | 06:32 pm
08-11-2024 | 06:32 pm
SAMHI Hotels Limited reported robust financial results for Q2 and H1 FY25, highlighting a 16.5% year-over-year increase in RevPAR and 20.4% growth in Asset Income. EBITDA also saw significant improvements, with an increase of 28.1% for the quarter. The company achieved a 75% occupancy rate, up from 72% last year. Notably, SAMHI signed a long-term lease in Hyderabad, enhancing its strategic focus on long-term capital efficiency and growth in key markets.
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