Apeejay Surrendra Park Hotels Limited
Incorporated in 1987, Apeejay Surrendra Park Hotels Limited is engaged in the hospitality business operating under the brand names of"THE PARK", "THE PARK Collection", "Zone by The Park", "Zone Connect by The Park" and "Stop by Zone"
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The company has announced a board meeting for its AGM. It posted record operating revenue of INR 707.28 Cr, with F&B driving 29% YoY growth. Key expansion includes 7 new properties, adding 283 keys, and acquisitions in Juhu and Kerala. A final dividend of INR 0.75 per share, totaling ~INR...
Apeejay Surrendra Park Hotels posted strong financial results for Q1: Revenue INR 166.8 Cr (+8.1%), EBITDA INR 47 Cr (+3.3%), PAT INR 11.5 Cr. Achieved 92% occupancy and RevPAR leadership. Expanding with acquisitions, 45 hotels under development, and Flurys outlet growth, boosting cash flow.
Apeejay Surrendra Park Hotels (ASPHL) signed two hotel management agreements for Zone Connect properties in Ayodhya (56 rooms) and Ujjain (64 rooms). This strategic expansion strengthens its presence in key spiritual destinations, aligning with a focused growth strategy in pilgrimage tourism.
Apeejay Surrendra Park Hotels (ASPHL) launched three new hotels: Zone by The Park Darjeeling, Zone Connect by The Park Gangtok, and Zone Connect by The Park Katra. This strategic expansion strengthens its presence in India's design-led and mid-scale hospitality, targeting key leisure and spiritual destinations.
Apeejay Surrendra Park Hotels: Promoter Director Ms. Priya Paul acquired 18,200 equity shares via open market purchase worth ₹0.2 Cr, increasing her stake by 0.0085%. Positive insider buying signal.