Apeejay Surrendra Park Hotels hit a record Q3, with consolidated revenue crossing ₹200 Cr, a 13% YoY jump.

Operating EBITDA rose 10% to ₹71 Cr, though PAT saw a 25% decline to ₹24 Cr.

The company maintained India's top occupancy at 90% and led RevPAR at ₹8,347 in the upper-upscale segment.

F&B performance was strong, with Flurys retail segment growing 19% and hitting a ₹1 Cr single-day sale.

Strategic growth includes the launch of THE Park UNIZEN serviced residences in Kolkata, projected to add ₹300-350 Cr in cash flow over three years.

Significant asset optimization is underway with increased FSI at THE Park Pune.

Recent developments include acquiring Malabar House and Purity for ₹64 Cr, and expanding Flurys with 14 new outlets.

Management remains focused on double-digit growth, margin improvement, and value creation through expansion and innovation.