Chalet Hotels Limited CC-Mar24.pdf · 2024-05-14
Yes. I again have a question on ARR. So sir, if I remember right, in the last earnings call, you had mentioned that corporate rates have been renegotiated higher by about 12% to 20%. And if my understanding is right, typically corporate rates are lower than retail rate. So is the renegotiation in the double digits? Then in a such scenario, how come our ov erall ARR growth is at about 5%? So if you can just share some insights on this?
Marriott Sahar is double-digit growth in 4Q.