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Latest news about Apeejay Surrendra Park Hotels

Apeejay Surrendra Park Hotels Reports Q3FY26 Results with Strategic Acquisitions 2 hrs ago Yesterday

Apeejay Surrendra Park Hotels delivered Q3FY26 consolidated revenue growth of 12.71% to Rs. 200.06 crores, though net profit declined 24.78% to Rs. 24.19 crores. The company strengthened its hospitality portfolio through strategic acquisitions worth Rs. 245.26 crores in Mumbai and Kerala markets.

Apeejay Surrendra Park Hotels Appoints M/s. A. Mukhopadhyay & Co. as Joint Internal Auditor for FY 2025-26 3 hrs ago Yesterday

Apeejay Surrendra Park Hotels Schedules Board Meeting for Q3FY26 Financial Results on February 04, 2026 6 days ago

Apeejay Surrendra Park Hotels Opens First Bihar Hotel, Stock Gains 1.72% Jan 14, 2026

Apeejay Surrendra Park Hotels Officially Debuts in Kerala with Three Boutique Properties Dec 16, 2025

More news about Apeejay Surrendra Park Hotels

02Dec 25

Apeejay Surrendra Park Hotels Expands Footprint with 12-Year Lease of Casa De Katson in Goa

Apeejay Surrendra Park Hotels Limited has signed a 12-year lease agreement for Casa De Katson, a 42-room hotel in Bardez, Goa. The company gains full operational and commercial rights to the fully furnished property, which will be managed under Apeejay's brand standards. This strategic move strengthens the company's presence in Goa's hospitality market.

19Nov 25

Apeejay Surrendra Park Hotels Reports Record Q2 Performance with 16.8% Revenue Growth

Apeejay Surrendra Park Hotels Limited (ASPHL) achieved its best-ever second quarter performance with 16.8% revenue growth to INR 165.00 crore and 14.9% EBITDA growth to INR 49.00 crore. The company maintained a high occupancy rate of 93.00% and increased its Average Room Rate by 13.00%. ASPHL acquired a 90% stake in Zillion Hotels for INR 206.00 crore, entering the Mumbai market. The company plans to expand to 50 hotels with nearly 3,000 keys by FY26, adding 600 rooms across various models. Its Flurys brand saw 22.00% topline growth and aims for 130 stores by FY26 end.

13Nov 25

Apeejay Surrendra Park Hotels Reports Record Q2 Performance with 17% Revenue Growth

Apeejay Surrendra Park Hotels Limited (ASPHL) announced its best-ever Q2 results with consolidated revenue of Rs. 167.00 crores, up 17% year-over-year. The company achieved a 93% occupancy rate, 13% growth in Average Room Rate, and 12% increase in RevPAR. ASPHL completed the acquisition of Zillion Hotel in Mumbai and plans to start a new project in Kolkata. The company's F&B revenue stood at Rs. 71.00 crores, while its retail brand 'Flurys' expanded to 102 outlets with 22% topline growth. ASPHL's properties also received several prestigious awards, reinforcing its position in the hospitality sector.

24Sept 25

Apeejay Surrendra Park Hotels Expands Portfolio with ₹2.07 Billion Acquisition of Z Luxury Residences

Apeejay Surrendra Park Hotels Limited (PARKHOTELS) has acquired a 90% stake in Zillion Hotels and Resorts Private Limited for up to ₹2,065.50 million in cash. The deal includes Z Luxury Residences, a premium property with 62 service residences in Mumbai's Juhu area. The acquisition is expected to complete in 18-20 months, with an option to acquire the remaining 10% stake. Zillion Hotels will become a subsidiary of Apeejay Surrendra Park Hotels upon completion. The transaction doesn't require regulatory approvals and isn't a related party transaction.

06Sept 25

Apeejay Surrendra Park Hotels Shareholders Approve Vijay Dewan's Re-appointment as Managing Director

Apeejay Surrendra Park Hotels Limited has received shareholder approval to reappoint Vijay Dewan as Managing Director for another three-year term, from December 1, 2024, to November 30, 2027. The decision was made at the company's 36th Annual General Meeting on September 27, 2024. Dewan, who has been with the company since 1991, brings 32 years of hospitality industry experience. He holds leadership roles in various industry associations, including chairmanships in CII West Bengal and Eastern Region.

11Aug 25

Apeejay Surrendra Park Hotels Reports Strong Q1 Turnaround with 134 Million Rupees Net Profit

Apeejay Surrendra Park Hotels achieved a significant financial turnaround in Q1. The company reported a net profit of 134.00 million rupees, compared to a loss of 19.00 million rupees in the same period last year. Revenue increased by 11.11% to 1,500.00 million rupees. EBITDA grew by 17.95% to 460.00 million rupees, with the EBITDA margin improving to 29.87% from 28.89%.

08Aug 25

Apeejay Surrendra Park Hotels Reports Strong Q1 Results with Significant Profit Growth

Apeejay Surrendra Park Hotels Limited announced robust Q1 FY2026 financial results. Standalone revenue from operations increased 14.18% YoY to Rs. 148.26 crores. The company turned profitable with a standalone PAT of Rs. 17.09 crores, compared to a loss in Q1 FY2025. Consolidated revenue grew 14.20% to Rs. 154.25 crores, with a PAT of Rs. 13.42 crores. The company converted Rs. 70.47 crores of unsecured loans to a subsidiary into OCRPS. A final dividend of Re. 0.50 per share for FY2025 was proposed. The hospitality segment remained the primary growth driver with revenue of Rs. 154.01 crores and EBITDA of Rs. 47.61 crores.

12Jul 25

Apeejay Surrendra Park Hotels Expands Footprint with 138 Rooms Across Goa and Himachal Pradesh

Apeejay Surrendra Park Hotels Limited (ASPHL) has signed an MoU to lease and operate 138 rooms across four properties in Goa and Himachal Pradesh. The 12-year lease agreement includes 42 rooms in Goa, 24 in Manali, 24 in Shimla, and 48 in Dharamshala. Properties in Goa and Dharamshala are expected to be operational within 60 days, while Manali and Shimla properties within 90 days after executing definitive lease agreements. This strategic move aims to strengthen ASPHL's presence in key leisure destinations.

12Jul 25

Apeejay Surrendra Park Hotels Signs MoU for 4 New Properties in Goa and Himachal Pradesh

Apeejay Surrendra Park Hotels has signed an MoU to operate four new properties in Goa and Himachal Pradesh, adding 138 rooms to its portfolio. The 12-year lease agreement includes properties in Goa (42 rooms), Manali (24 rooms), Shimla (24 rooms), and Dharamshala (48 rooms). The Goa and Dharamshala properties are expected to be operational within 60 days, while Manali and Shimla properties within 90 days after finalizing lease agreements. This expansion strengthens the company's presence in key leisure destinations.

26May 25

Apeejay Surrendra Park Hotels Reports Strong Q4 Performance with Improved EBITDA and Revenue

Apeejay Surrendra Park Hotels announced impressive Q4 results, with revenue increasing 16.4% YoY to ₹1,770 million. EBITDA rose 21.3% to ₹610.7 million, with margin expanding to 34.44%. Net profit surged 44.3% YoY to ₹265.6 million, despite a sequential decline from Q3. The results demonstrate robust growth and improved operational efficiency in the hospitality sector.

30Apr 25

Apeejay Surrendra Park Hotels Expands Footprint with New 'Zone by The Park' in Indore

Apeejay Surrendra Park Hotels Limited (ASPHL) has signed a management agreement for a new 'Zone by The Park' hotel in Indore, Madhya Pradesh. The 117-key hotel will be located in the upcoming Alankrit Film City, 30 minutes from the airport. It will offer amenities including an all-day dining restaurant, bar, spa, swimming pool, and banquet spaces. The hotel's integration with the film city development is expected to attract diverse clientele. This addition expands ASPHL's portfolio, which now includes 37 hotels across 27 Indian cities.

24Apr 25

Apeejay Surrendra Park Hotels Expands Mumbai Presence with ₹209.25 Crore Acquisition

Apeejay Surrendra Park Hotels Limited is acquiring a 90% stake in Zillion Hotels and Resorts Private Limited for up to ₹209.25 crore. This acquisition includes Z Luxury Residences, a premium property in Mumbai's Juhu area, adding 62 service residences and food & beverage facilities to Apeejay's portfolio. The strategic move enhances the company's presence in Mumbai's luxury hospitality market, targeting both corporate and leisure segments.