Espire Hospitality Limited , a prominent player in the Indian hospitality sector, has announced significant expansion plans and robust financial results for the first quarter of fiscal year 2026.

Expansion Plans

The company has signed agreements for five new hotel properties across Udaipur, Rishikesh, and North Goa, aiming to double its inventory by March 2026. The new additions include:

• Country Inn Premier, Udaipur: A 55-room property in the city center, featuring a rooftop pool, restaurant, and extensive banqueting space. Set to open in January 2026.
• Three properties in Rishikesh:
  • Country Inn Premier: Located 500 meters from Lakshman Jhula, offering Ganga view rooms and various amenities.
  • Country Inn: Another property near Lakshman Jhula with Ganga view rooms and recreational facilities.
  • Smart Stays by Country Inn: A vibrant 31-room offering with a rooftop pool and restaurant. All three Rishikesh properties are scheduled to open in November 2025.
• Country Inn, Calangute, North Goa: A 44-room property situated 500 meters from Calangute Beach, featuring spacious rooms with private balconies and two restaurants. Opening planned for November 2025.

Akhil Arora, CEO and Managing Director of Espire Hospitality Limited, stated, "This is a major milestone in Espire Hospitality Limited's growth story. Each of these five signings reflects our commitment to expanding thoughtfully across India's most culturally, spiritually, and experientially rich destinations."

The company is also finalizing plans for a new ZANA Resort in Dehradun and exploring opportunities for three luxury hotels in Mussoorie, Mumbai, and near Vrindavan.

Q1 FY26 Financial Highlights

Espire Hospitality Limited reported strong financial results for the quarter ended June 30, 2025:

The company's operational performance was equally impressive:

• Average Daily Rate (ADR): Rs. 7,493
• Revenue Per Available Room (RevPAR): Rs. 5,716, an 18% increase year-over-year

During Q1 FY26, Espire Hospitality added two new properties to its portfolio: Country Inn Gurugram and Country Inn Maribella Amritsar, contributing 75 additional rooms.

Rajeev Chatterjee, Chief Financial Officer, commented on the results: "Delivering the highest-ever first-quarter financial performance in Q1 FY 2025–26 marks a proud and defining milestone for Espire Hospitality. This sustained momentum is a direct result of our sharp strategic focus, disciplined execution, and the unwavering commitment of our teams across the organization."

Future Outlook

Espire Hospitality Limited is actively pursuing expansion in key business hubs, spiritual circuits, and leisure destinations across India. The company aims to add over 900 keys to its portfolio through new hotels in various locations, including Udaipur, North Goa, Dehradun, Ghaziabad, Vrindavan, Mussoorie, Navi Mumbai, Gurugram, Lucknow, Amritsar, Rishikesh, and Bengaluru.

With its multi-tiered portfolio catering to luxury, upscale, and midscale segments, Espire Hospitality is well-positioned to capture demand across key traveler segments and drive long-term profitability in India's growing hospitality sector.

Espire Hospitality Limited has announced its financial results for the first quarter, showcasing remarkable growth and setting new benchmarks in the hospitality sector.

Record-Breaking Financial Performance

The company reported its highest-ever first-quarter revenue of Rs. 3,174.13 crore, marking an impressive 82% growth compared to the same period last year. This substantial increase in revenue underscores Espire Hospitality's strong market position and effective growth strategies.

Impressive EBITDA and Profitability

Espire Hospitality's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached Rs. 761.47 crore, representing a staggering 218% growth year-over-year. This significant improvement in EBITDA reflects the company's operational efficiency and cost management efforts.

The company reported a Profit After Tax (PAT) of Rs. 140.71 crore, with basic earnings per share of Rs. 1.04, demonstrating a substantial increase in profitability compared to the previous year.

Strong Operational Metrics

Espire Hospitality's operational performance was equally impressive, with key metrics outperforming industry averages:

The company's RevPAR growth of 18% year-over-year and its performance above the industry average highlight Espire's strong market positioning and effective revenue management strategies.

Portfolio Expansion

During Q1, Espire Hospitality added two new properties to its portfolio:

1. Country Inn Gurugram
2. Country Inn Maribella Amritsar

These additions have increased the company's room inventory by 75 keys, further strengthening its presence in key markets.

Strategic Growth Initiatives

Espire Hospitality is actively pursuing an aggressive expansion strategy, with plans to add over 900 keys to its portfolio through new hotel openings in various locations, including Udaipur, North Goa, Dehradun, Ghaziabad, Vrindavan, Mussoorie, Navi Mumbai, Gurugram, Lucknow, Amritsar, Rishikesh, and Bengaluru.

The company is also in advanced negotiations for more than 20 additional properties across 14 high-potential markets, which are expected to contribute another 1,000+ keys over the next 12 months.

Management Commentary

Akhil Arora, Managing Director & CEO of Espire Hospitality, commented on the company's performance: "We are proud to have delivered record-breaking results in the first quarter — a resounding validation of our strategic vision, operational excellence and steadfast commitment to delivering exceptional guest experiences."

Rajeev Chatterjee, Chief Financial Officer, added: "Our relentless emphasis on intelligent revenue and yield management, diversification of revenue streams across market segments and a rigorous approach to cost optimization have been instrumental in driving both strong topline growth and margin expansion."

Outlook

With its robust financial performance, strategic expansion plans, and focus on delivering exceptional guest experiences, Espire Hospitality Limited is well-positioned to capitalize on the growing opportunities in India's hospitality sector. The company's multi-brand portfolio, covering luxury, upscale, and midscale segments, provides a strong foundation for sustained growth and market leadership in the coming years.