ihcl

“88% of the revenues come from the asset heavy because you need a lot of management contracts or a lot of royalty fees or a lot of income in form of other forms of branding fees to come to the level of one owned asset, let's say in Mumbai.”

“We were 70, more than 70% asset heavy. Today, because we increased our footprint so much, and we had exponential growth, our asset heavy component is 30%.”

“No, no, but we are more efficient, more profitable.”

“We don't need many things outsourced or better that there are wedding planners because they are professionals at that. Our job is very good when it comes to catering the food, the service, the, you know, everything else. It's like we as a sector got out of doi…”

“Even we would help if there is a really aspiring youngster coming on board, we would help him become a hotelier, entrepreneur, and, ah, you know, support that collateral so that we are not running that. Place directly.”

“For example, today we have 700, getting close to 700 hotels, which means at least 500 plus contracts, assuming that some of the contracts are for multi-use properties.”

“I think one more interesting aspect could be, in order to fast forward some of the tourism activity and getting inbound is really the premiumization of our luxury trains.”

“So lots of brands of our in homestay business, which is now scaled up almost to 400.”

“Yeah, we almost had 10 years of losses. And, ah.”

“We have not done any special campaign with booking.”

“There is, but that is the one which is more difficult to be a good financial value, because those are small lodges, 12, 1418, 20 rooms. They get a good rate, but they also shut down four, five, six months in a year sometimes. So you have to make all that busin…”

“We are building two islands and we are already running one. Bangaram we are running and Suheli Kathmat we are building. So it'll come. Give it two, three years, they'll be done.”

“IHCL reported its results for the last financial year as almost 10,000 crore in revenue, and 2000 crore plus as profit after tax.”

“Usually there is rate parity. It's not that we have cheaper, but you know, the best deals are available on the hotel website.”

“So what in my experience it does is it does not allow other brands to stand on their feet. You're always like a second child or a stepchild or a.”