Chalet Hotels Limited CC-Dec23.pdf · 2024-01-25
My first question is again on the ADR growth we have seen this time. If I look at the first half, we did almost 29% growth in ADR and now I understand the base is also catching up and on apples-to-apples, we grew like 11% ADR. Just want to understand becau se in the opening remarks you also talked about 12 % to 20% increase in corporate hike , and with this overall momentum, which is going, is it reasonable to assume this kind of a growth looking at maybe 12 months from here somewhere at the start of double digits?
Last question. If Mumbai ADR was around 4%, right? So if I understood it correctly this is one because there was a Novotel room addition, and secondly, the Powai Westin mix was higher because occupancy there was higher. So, if I look at Sahar and Powai Westin on standalone basis, the ADR was still in double digits? Finally, is there any one-off in the margins or it was all are -?