EIH Associated Hotels reported mixed Q1FY27 results.

Profit after Tax (PAT) grew 10% YoY to 6.9 Cr, showcasing efficiency.

However, total income slightly dipped 2% to 71.8 Cr, with EBITDA down 8% to 12.9 Cr.

Despite this, the company saw improved occupancy at 66% and a slight rise in Average Room Rate (ARR). Its RevPAR consistently outpaced the broader industry, which itself enjoyed 11-13% growth thanks to strong domestic travel, limited new supply, and MICE events.

Looking ahead, the company is focused on growth with a new Trident hotel planned for Vishakhapatnam (125 keys) and an expansion at Trident Udaipur (10 keys). The major renovation of Trident Jaipur (127 keys) is also in progress.

Management expects robust demand momentum to continue through Q2 and FY27, fueled by significant MICE events and a revival in foreign tourism, anticipating further increases in average room rates.