Grand Continent Hotels Limited — Important, 24-05-2025: Disclosure of material issue

Grand Continent Hotels has announced a board meeting to review the financial results for the quarter and half-year. The company has signed a 10-year revenue-sharing deal to manage 42 rooms at "The Grand Anantajit" in Dwarka, starting after a fit-out period ending July 2025, with a 3-year lock-in.

The company is expanding through management contracts instead of asset ownership, reducing capital outlay and operational risks. This move is likely to generate steady fee income and improve margins while diversifying the portfolio in a strategic location.

Grand Continent Hotels plans a phased fit-out to optimize returns from management fees and revenue sharing, driving growth with limited capital commitment.