Brigade Hotel Ventures
71.07
-0.44(-0.62%)
Market Cap₹2,699.54 Cr
PE Ratio66.95
Company Performance:
1D-0.62%
1M-9.94%
6M-16.70%
1Y-16.70%
5Y-16.70%
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More news about Brigade Hotel Ventures
13Aug 25
Brigade Hotel Ventures Inks Landmark Deal with Marriott for Six New Hotels in India
Brigade Hotel Ventures Limited (BHVL), a subsidiary of Brigade Enterprises Limited, has signed a multi-deal agreement with Marriott International to develop six new hotels across India. The expansion will add approximately 940 rooms under five Marriott Bonvoy brands including The Ritz-Carlton, JW Marriott, Marriott Hotels & Resorts, Courtyard by Marriott, and Fairfield by Marriott. The new properties will be located in Chennai, Bengaluru, Kerala, and Thiruvananthapuram, with expected openings between FY 2027 and FY 2030. This deal increases BHVL's Marriott-affiliated properties to eight, with a total of 1,388 keys.
11Aug 25
Brigade Hotel Ventures Posts Strong Q1 Results with 22% Revenue Growth
Brigade Hotel Ventures Limited (BHVL) reported robust Q1 financial results with consolidated revenue of ₹124.16 crore, up 22% year-on-year. The company turned profitable with a PAT of ₹7.16 crore, compared to a loss in the previous year. EBITDA margin improved to 33.4%. Operational metrics showed positive trends with Average Room Rate increasing by 11.2% to ₹6,958 and RevPAR rising by 11.8% to ₹5,226. BHVL operates 9 hotels with 1,604 keys and plans to expand its portfolio. The company recently completed its IPO, raising ₹885.6 crore for debt repayment and expansion.
Brigade Hotel Ventures
71.07
-0.44
(-0.62%)
1 Year Returns:-16.70%
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