Latest Articles in Financial Results

Net Profit Jumps by 90 Percent at Taj Hotels

The Tata group company’s efforts to reduce debt has started showing results as interest costs in the quarter fell 33 percent to around Rs 52 crore, aiding the expansion in the bottom line.

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Emirates Group Announces 2017-18 results

The Emirates Group announced its 30th consecutive year of profit and steady business expansion

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Royal Orchid Hotels Reports Financial Results

The hotel chain operating five and four star hotels for business and leisure travellers showed an increase in revenue from Rs 20.47 crores to Rs 23.65 crores.

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Oberoi New Delhi Likely to Open in Jan 2018: PRS Oberoi

Executive Chairman of EIH Limited makes announcement during the 66th AGM while also saying company has shown better performance in terms of profitability compared to last year.

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AccorHotels Releases Results for First-half of 2017

Revenues were up 33.5% to €922 million; EBIT up 68.0% to €226 million; and the company had opened 23,000 rooms in this period.

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Strong Growth Results for Carlson Rezidor in India

To drive organic growth, the group’s South Asia team has expanded its presence in state capitals, while accelerating growth in emerging secondary and tertiary cities as connectivity and infrastructure in the country improves.

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Preferred Hotels & Resorts Announces 2016 Results

Brand produces 15% YOY increase in reservations revenue, strengthens iPrefer program, and marks first-time presence in five countries across the Middle East and Scandinavia.

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Marriott International Reports Third Quarter 2016 Results

Marriott expects fourth quarter 2016 operating income could total $530 million to $555 million, a 9 to 14 percent increase compared to pro forma fourth quarter 2015 operating income of $488 million.

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