Indian Hotels In-Line Q1 Results: Restructuring, Market Potential & Hotel Strategy | Puneet Chhatwal
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 Published On Premiered Jul 21, 2024

Restructuring, market potential, and hotel strategy were the key factors discussed during the Q1 results of Indian Hotels. Puneet Chhatwal, the CEO, is optimistic about the second quarter, foreseeing no signs of a business slowdown. He believes that everything is on track and progressing in the right direction. The company aims to open 25 hotels and expects to have 40 home stays by the end of the year. The strategy is to maintain a dominant position in the Indian market, leveraging the stabilized hotel rates that are anticipated to rise.

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