Hotel chains boost capex for property upgrades
pre-market1 source ↓written by the desknot a recommendation
- by FY27
- ₹2,000–3,000 cr
India’s leading hotel chains are ramping up investments, with refurbishment spending projected to reach ₹2,000–3,000 cr by FY27. Companies like Indian Hotels Company Ltd., EIH Ltd., and Lemon Tree Hotels Ltd. are prioritizing upgrades over new openings to enhance guest experiences and profitability. This strategy aims to strengthen pricing power amid rising demand from travelers.
Not investment advice. For informational purposes only.