EIH Ltd (EIHOTEL) — concall transcript | 30 June 2026

EIH Ltd reported 15% YoY revenue growth to Rs 698 crores for Q1 FY27, driven by strong domestic demand and RevPAR growth of 8.2% in Oberoi and 13.8% in Trident brands, though EBITDA margin pressure emerged from ramp-up costs at Oberoi Rajgarh and renovation expenses. Occupancy remained robust, with Mumbai outperforming peers and May demand surging 22%, while foreign tourism lagged due to West Asia tensions. The company maintains a pipeline of 23 managed hotels and 30 properties planned by 2031, including The Oberoi London opening in 2028. Renovation impacts are temporary, with capitalized costs of ₹7.5 crores and ₹9 crores quarterly EBITDA drag expected to normalize. No forward guidance was provided, but Q2 bookings show positive momentum.