Kamat Hotels Reports 12% Revenue Growth in Q1, Plans Aggressive Expansion Aug 05, 2025
Kamat Hotels Targets 37% Room Growth by FY26, Reports Strong Q1 Performance Aug 01, 2025
More news about Kamat Hotels
31Jul 25
Kamat Hotels Reports Strong Q1 Performance with 36% EBITDA Jump, Announces New Panchgani Property
Kamat Hotels (India) Limited (KHIL) announced impressive Q1 financial results with EBITDA rising 36% to 181 million rupees and net profit surging 227% to 36 million rupees. Revenue grew 12% to 826 million rupees. KHIL also signed a lease agreement to operate a 70-room luxury hotel in Panchgani, Maharashtra under 'The Orchid' brand, set to be operational by September 2025.
30Jul 25
Kamat Hotels Expands Footprint with Luxury Resort in Panchgani
Kamat Hotels (India) Limited has signed a lease agreement for a new luxury property in Panchgani, Maharashtra. The resort, to be operated under 'The Orchid Hotel' brand, will feature 70 rooms including luxury tents, a swimming pool, banquet facilities, and a restaurant. Located in the Sahyadri mountains, the resort aims to cater to tourists, corporate retreats, and weddings. The property is expected to be fully operational by September 2025.
19Jun 25
High Court Orders Release of ₹156.7 Crore to Kamat Hotels, Mandates ₹50 Crore Deposit
The High Court has ordered the release of ₹156.70 crore to Kamat Hotels (India), with the condition that the company deposit ₹50.00 crore with the Directorate of Enforcement. This ruling potentially improves Kamat Hotels' liquidity, resulting in a net benefit of ₹106.70 crore. The case appears to involve financial regulations or investigations, as indicated by the involvement of the Directorate of Enforcement.
19Jun 25
Kamat Hotels (India) Gains Control of Ilex Developers & Resorts
Kamat Hotels (India) has gained control over Ilex Developers & Resorts Limited, marking a significant expansion in its portfolio. The move is expected to strengthen Kamat Hotels' position in the hospitality sector. While specific details about the nature and terms of the acquisition are not yet disclosed, this strategic development could potentially broaden Kamat Hotels' range of properties and development projects.
20May 25
Kamat Hotels Expands Portfolio with Management Agreement for IRA by Orchid Hotel
Kamat Hotels (India) Limited has signed a management agreement for IRA by Orchid Hotel, marking a strategic expansion of its hospitality portfolio. While specific details about the hotel's location and capacity are not disclosed, this move aligns with the company's growth strategy of expanding through management contracts. The agreement potentially enhances Kamat Hotels' revenue streams and market presence without significant capital investment.
07Mar 25
Kamat Hotels Expands Footprint: New Orchid Hotel to Bloom in Rishikesh
Kamat Hotels (India) Limited has signed an agreement to manage and operate a new 54-room luxury Orchid Hotel in Rishikesh, Uttarakhand. Set to open in July 2025, the property will feature high-end amenities including a spa, swimming pool, yoga center, and mountain view bar. This expansion marks KHIL's entry into the popular tourist destination known as the 'Yoga Capital of the World' and strengthens its presence in Uttarakhand.
21Feb 25
Kamat Hotels Expands Footprint: New Orchid Hotel in Mandvi to Boost Gujarat Tourism
Kamat Hotels (India) Limited has signed a management agreement for a new Orchid Hotel in Mandvi, Gujarat, set to open by December 2027. The 153-room property will feature extensive amenities including restaurants, event spaces, sports facilities, and leisure areas. This expansion capitalizes on Mandvi's growing tourism potential and aligns with Kamat Hotels' long-term growth strategy in the Indian hospitality sector.
20Feb 25
Kamat Hotels (India) Expands Portfolio with New Orchid Hotel in Mandvi, Gujarat
Kamat Hotels (India) Limited has signed a management agreement for a new Orchid Hotel in Mandvi, Gujarat, set to open by December 2027. The property will feature 153 rooms and villas, along with premium amenities including party lawns, banquet halls, restaurants, pools, and recreational facilities. Located in the picturesque beach town of Mandvi, known for its historical and cultural significance, this expansion marks a strategic move for the company in the growing Gujarat tourism market.