INDIAN HOTELS
UBS ON INDIAN HOTEL : 15.07.2021
• New initiatives bearing fruit
• Transforming from legacy hotelier to new age hospitality company
• More upside from cost rationalization and margin expansion
• Recovery and consolidation
INDIAN HOTELS Investor Meet Highlights Aspiration 2022 : 08.07.2021
* Indian Hotels at its investor meet announced a target of 800 bps margin expansion for FY22. Here are other highlights from the meet!
• Aim for 800 bps Margin Expansion
• 15 New Projects Every Year
• 50-50 Portfolio - Owned vs Managed
• Cost Reduction:
* Operating - 45%
• Fixed - 28%
* Corporate Exp - 40%
• To cut debt from Rs 3,110 Cr to Rs 1,857 Cr
