EIH Associated Hotels Limited

11%

orts, expanding highways  Demand for high-end leisure travel continues to rise, supported by an 11% increase in India’s UHNI base  Inbound tourism forecasted to grow by ~15% in FY26, driven by in

15%

rise, supported by an 11% increase in India’s UHNI base  Inbound tourism forecasted to grow by ~15% in FY26, driven by increased global connectivity and India’s G20 profile Source: HVS Anarock | I

9%

ket – Q4 FY25  Domestic air passenger traffic for Q4 FY25 grew by nearly Management Perspective 9% on year-on-year basis  Average Rates (ARR) continued its upward trajectory, with the year-on-yea

70%

h rate now starting to stabilize Q4 FY24-25 Occupancy Q4 FY24-25 ARR (Rs.) Q4 FY24-25 RevPAR 68-70% [+1-3 pp vs. 2024] 9,400-9,600 [+11-13% vs.2024] 6,392-6,720 [+14-16% vs.2024]  It is encoura

13%

-25 Occupancy Q4 FY24-25 ARR (Rs.) Q4 FY24-25 RevPAR 68-70% [+1-3 pp vs. 2024] 9,400-9,600 [+11-13% vs.2024] 6,392-6,720 [+14-16% vs.2024]  It is encouraging to observe a notable year-on-year in

16%

Rs.) Q4 FY24-25 RevPAR 68-70% [+1-3 pp vs. 2024] 9,400-9,600 [+11-13% vs.2024] 6,392-6,720 [+14-16% vs.2024]  It is encouraging to observe a notable year-on-year increase in average rates across

84%

ve environment conditions in Q2FY24 6 Q4 ARR/Occupancy trends by month y c n a p u c c O R R A 84% 83% 76% 77% 79% 79% FY25 FY24 January February March 5 1 8 , 6 1 2 0 3 , 5 1 4 1 5 , 6

83%

vironment conditions in Q2FY24 6 Q4 ARR/Occupancy trends by month y c n a p u c c O R R A 84% 83% 76% 77% 79% 79% FY25 FY24 January February March 5 1 8 , 6 1 2 0 3 , 5 1 4 1 5 , 6 1 5

76%

ment conditions in Q2FY24 6 Q4 ARR/Occupancy trends by month y c n a p u c c O R R A 84% 83% 76% 77% 79% 79% FY25 FY24 January February March 5 1 8 , 6 1 2 0 3 , 5 1 4 1 5 , 6 1 5 5 8 ,

77%

conditions in Q2FY24 6 Q4 ARR/Occupancy trends by month y c n a p u c c O R R A 84% 83% 76% 77% 79% 79% FY25 FY24 January February March 5 1 8 , 6 1 2 0 3 , 5 1 4 1 5 , 6 1 5 5 8 , 3 1

79%

itions in Q2FY24 6 Q4 ARR/Occupancy trends by month y c n a p u c c O R R A 84% 83% 76% 77% 79% 79% FY25 FY24 January February March 5 1 8 , 6 1 2 0 3 , 5 1 4 1 5 , 6 1 5 5 8 , 3 1 4 7

80%

uary March Quarterly Occupancy & ARR 79% 14,186 79% 16,224 ARR ARR ARR Q4 FY24 Q4 FY25 80% 75% 70% 65% 60% 55% 50% 17,000 15,000 13,000 11,000 9,000 7,000 5,000 In Rs 7

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