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Apeejay Surrendra Park Hotels reported FY26 consolidated operating revenue of ₹707 Cr (+12% YoY) and EBITDA of ₹218 Cr (30.82% margin). Occupancy remained strong at 91%, with Park Calcutta achieving 100%. Q4 performance was impacted by geopolitical events affecting ARR. Flurys (110 outlets) plans to add 30 more in 10 months, adopting an asset-light, outsourced production model for faster growth. EM Bypass apartment sales generated ₹11 Cr cash flow, with ₹70 Cr more expected. The company targets doubling hotels to 85 and keys to 6,635 by FY30, emphasizing asset-light expansion. Management expresses confidence in future ARR growth, citing Kolkata's positive market outlook due to limited supply.
All announcements from Apeejay Surrendra Park Hotels Limited