Vivek Gupta

Hi, sir. Am I audible?

Sir, sequentially if you see, all the financial numbers, the total income is down by 8.7%, the EBITDA is also down by 24.2%, and the PAT is down of 76% versus the last quarter. So, how much of that is like normal Hyderabad Q1 seasonality versus anything specific to this quarter?

Okay, sir. So, the combined ADR for Marriott and Courtyard fell 12% Y-o-Y to INR6100 crores approximately, with Marriott down 12% and Courtyard down 9.9%. Like what drove the rate decline? And was this a conscious decision to trade rates for the occupancy?