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Brigade Hotel Ventures delivered a strong Q3 FY26: Total income rose 14% YoY to INR143 Cr, EBITDA grew 17% to INR51 Cr (35.9% margin), and PAT surged 126% to INR22 Cr. RevPAR climbed 17% to INR5,973 with 76.1% occupancy. Management projects mid-to-high teens RevPAR growth for FY26 and FY27, driven by healthy demand and limited supply. A pipeline of nine new hotels (1,700 keys, INR3,600 Cr investment) aims to double the portfolio by FY30. Capex is back-ended. Confidence is high, focusing on operational efficiency, guest experience, and portfolio balance.