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Samhi Hotels LimitedImportant, 08-11-2024: Updates

08-11-2024 | 06:11 pm

SAMHI Hotels Ltd. reported a strong performance in Q2 FY25, highlighting a 21.2% YoY increase in total income and a 37.6% rise in consolidated EBITDA. The company is expanding its portfolio with a new hotel acquisition in Bangalore and a 170-175 room upscale hotel lease in Hyderabad, which will significantly enhance revenue potential. RevPAR grew by 16.5% YoY, reflecting solid demand across key markets. Shareholders can look forward to ongoing growth and efficient capital utilization.

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