Juniper Hotels Limited — Important, 02-05-2025: General Updates

Juniper Hotels has announced a board meeting to discuss the financial results for the quarter and half-year. Q3 revenue rose 6% YoY to ₹252.5 Cr, led by higher ARR at premium properties like Andaz Delhi and Grand Hyatt Mumbai. EBITDA margin improved to ~39%, aided by stable costs despite refurbishment spend. The company acquired a 220-key hotel near Bengaluru airport for ₹325 Cr, with expansion plans for 150-200 more rooms. Board approved developing a 115-room luxury resort at Kaziranga. Post-IPO debt reduction enables a ₹3,000 Cr fund for growth.