Questions across 7 calls

Archana Gude

IDBI Capital

Lemon Tree Hotels Limited

Lemon Tree Hotels Limited CC-Jun25.pdf · 2025-08-11

Hi, sir. Thank you for the opportunity and congrats on a very good set of numbers. I have 3 questions. First, in Aurika, Bombay, the occupancy has been pretty robust, but ARR looks slightly subdued. What would be the management strategy on threshold level of occupancy post which we should expect ARR to take precedence?

Sure, sir. Again, on Aurika, currently, we have these four hotels under pipeline and they are expected to be open in FY28 onwards. I am sure these are the Greenfield projects. Is it a conscious decision of the management to keep a check on the addition or is there a dearth of supply which fits the bill for us, for Aurika?

Lemon Tree Hotels Limited CC-Jun24.pdf · 2024-08-08

I have 2 questions. Firstly, given will we be renovating the Keys in the rest of FY25? I understand operating margins would be under pressure . I understand that the renovated inventory would operate with a higher price point, how should we look at the margin profile for, let's say, FY26 and FY27.

Right, sir. And sir, of this Hyderabad and Bangalore market th ere is substantial decline in occupancy because of a shutdown of the Keys inventory or there's more to read into it?

Lemon Tree Hotels Limited CC-Dec23.pdf · 2024-02-08

I have 3 questions. Just to follow up on Aurika, Mumbai, a ny update on any major contracts signed during last quarter or maybe Jan of this quarter and some color on rates and the number of rooms signed with the corporates?

Sir, on this renovation of hotels, how many hotels we have already completed the renovation and how many are yet to be done, any timeline for these hotels to be renovated?

Chalet Hotels Limited

Chalet Hotels Limited CC-Dec24.pdf · 2025-01-30

Congrats on another strong quarter. Sir, I have 3 questions. Particularly, sir, you spoke about being very confident about strong earnings growth in near term, which is very encouraging. However, there are talks of discretion spending under pressure and -- which is evident from the subdued volume offtake for the consumption companies. Have you also seen some downsizing of the budget or cancellations, particularly in Q4 and it doesn't really worry us?

Sir, I was asking about the consumption being slightly subdued for a few, last couple of quarters. So have you seen some downsizing of the budget or cancelations in Q4?

Chalet Hotels Limited CC-Jun24.pdf · 2024-07-26

Hi, sir. Thank you for the opportunity and congrats on the good set of numbers. Sir, I have a few questions. Firstly, somewhere the new CFO mentioned about the Goa market, so anything going on concrete on that front? I'm just curious to understand.

Right sir. Absolutely. I think that is outperforming most of the markets. So secondly on Hyderabad market, I don't have this absolute number for occupancy, b ut when we look at this presentation at this double-digit growth of occupancy while ADR is being negative. So is that a prudent call from the management to focus more on occupancy part to boost the RevPAR or that was just one-off?

Chalet Hotels Limited CC-Dec23.pdf · 2024-01-25

Sir, I have three questions. Firstly, since you spoke about Mumbai market, can you also give some insights on the other markets ? How the 16% growth in ADR was driven, was there any particular market behind it or more of broad-based growth in the ADR?

Secondly, on this corporate contract renewal for calendar year '24, so how has been the growth in the rates on YoY basis and overall demand for the number of rooms?

Chalet Hotels Limited CC-Sep23.pdf · 2023-10-25

I have three questions . Sir, starting with this IC C World Cup matches, so how has been the response for the hotels we are present in Bangalore , Pune, Mumbai and Hyderabad and some color on advanced booking and ADR thereof would be helpful?

So, my second question is to our notes to account point number six. So, can you help me understand the implications of this Supreme Court judgment and its impact on the operations of Four Points by Sheraton Navi Mumbai?