The Indian Hotels Company Limited CC-Sep24.pdf · 2024-11-07
Congrats on another core 2Q performance. I have three questions. Yes. Firstly, Puneet, if you can talk more about your brand licensing arrangement with The Claridges? As part of the arrangement, what sort of payout do you expect for every property under this arrangement? And secondly, a bit more insights on the nature of agreement for managing the Delhi property? And do you also eventually see the Mussoorie and Haridwar properties falling under your management purview? And just commenting on your licensing versus buying out these brands, how would the economics be different for you?
Great. Just a follow-up. You spoke about Sea Rock briefly as well. So are you seeing any update here moving forward? Because been some time since you last spoke on redevelopments of Sea Rock.