EIH Associated Hotels earnings calls.

EIH reported consolidated revenue of ₹910 croreCurrent reported value: ₹910 crore. No comparable prior figure is available in the source record. for Q3 FY26, up 9% YoYCurrent 9% vs previous available quarter 15%., but PAT declined 9%Current 9% vs previous available quarter 15%. due to a one-time wage code impact of ~₹30 crore. On a like-for-like basis (excluding lounge business loss and Mashobra), revenue growth was 14%Current reported value: 14%. No comparable prior figure is available in the source record.. The luxury segment RevPAR grew 5.4%Current 5.4%. Reported change: +5.4% YoY. (Oberoi) and upper upscale 12.5%Current 12.5%. Reported change: +12.5% YoY. (Trident), though occupancy was impacted by December flight disruptions (26% higher cancellations) and new hotel ramp-up. Management remains optimistic about February demand, citing strong forward bookings and events like the AI Summit. The development pipeline stands at 30 properties (~2,450Current 2,450. Reported change: +280 keys QoQ. keys). Key risk: margin dilution from the high-revenue, low-margin flight catering business (OFS) as it replaces the lost lounge business.