Try GOLD - Free
Robust Q3 results fuel hotels' growth outlook
Mint Ahmedabad
|February 06, 2025
Hotel chains benefit from rising demand, post record profit in Oct-Dec
The hospitality sector is witnessing renewed momentum, with several hotel chains capitalising on a surge in travel demand to deliver strong financial performances for the quarter ended 31 December. Rising revenues and improving profitability were a shared narrative across the top listed players, with companies like Lemon Tree Hotels, IHCL and hotel ownership companies like Chalet Hotels and Samhi Hotels posting notable results.
This story is from the February 06, 2025 edition of Mint Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Ahmedabad
Mint Ahmedabad
Don't count on Fed rate cuts to reduce long-term bond yields
Trying to force them down will cause more problems than it solves
3 mins
December 18, 2025
Mint Ahmedabad
MUFG eyes 20% in Shriram Fin for $5 bn
Shriram Finance's board will also mull fundraising routes such as a rights issue, preferential allotment or QIP
2 mins
December 18, 2025
Mint Ahmedabad
Mind the gaps: Why India's GDP measurement requires a reset
Next year's base revision offers us a chance to improve data accuracy and five reform measures should help achieve that goal
4 mins
December 18, 2025
Mint Ahmedabad
Punjab plans EV sops in new industrial policy as states compete for capital
The electric vehicles (EV) sector is expected to take centre stage in Punjab, as the state lines up an expanded package of incentives to attract fresh investments under the new industrial policy that is likely to be launched in January.
2 mins
December 18, 2025
Mint Ahmedabad
TCS AI revenue at $1.5 bn, $11 bn from new-age services
than just a new technology.
1 mins
December 18, 2025
Mint Ahmedabad
Bill to let pvt cos into N-Power gets LS nod
The Lok Sabha on Wednesday passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (Shanti) Bill, 2025, to open up nuclear power generation to private players.
1 min
December 18, 2025
Mint Ahmedabad
Fall in premium not the only growth pill for health insurers
Industry still grapples with issues such as high medical inflation and inadequate coverage
3 mins
December 18, 2025
Mint Ahmedabad
Spooked by AI and layoffs, white-collar workers see their security slip away
Office workers are filled with anxiety.
5 mins
December 18, 2025
Mint Ahmedabad
Big Tech is taking over much more than just our minds
Denmark has cancelled Christmas-or Christmas cards at any rate.
3 mins
December 18, 2025
Mint Ahmedabad
'Rising MF firepower softens impact of FII outflows'
There was a time when heavy foreign investor selling could rattle Indian equity markets.
2 mins
December 18, 2025
Listen
Translate
Change font size