Bharat Hotels Unlisted Shares

Overview of the Bharat Hotels

(i) They are one of the leading privately-owned domestic hotel brands in India, according to the CRISIL Report, engaged in the business of operating and managing hotels, palaces, and resorts, with a focus on the luxury segment. As at March 31, 2018, they operated 12 luxury hotels, palaces and resorts under The Lalit brand and two mid-market segment hotels under The Lalit Traveller brand across India‘s key business and leisure travel destinations, offering 2,261 rooms.

(ii) In addition, they hold the exclusive rights to provide management consultancy services in connection with the operation and management of a hotel in London, The Lalit London, which offered 70 rooms as of March 31, 2018.

(iii) The luxury hotels operating across India under The Lalit brand are grouped into the following three categories:

a) City hotels: The LaLiT New Delhi, The LaLiT Mumbai, The LaLiT Ashok Bangalore, The LaLiT Great Eastern Kolkata, The LaLiT Jaipur, and The LaLiT Chandigarh.

b) Palaces: The Lalit Laxmi Vilas Palace Udaipur and The LaLiT Grand Palace Srinagar.

c) Resorts: The LaLiT Golf & Spa Resort Goa, The LaLiT Resort & Spa Bekal (Kerala), The LaLiT Mangar, and The LaLiT Temple View Khajuraho.

Future Plans of Bharat Hotels

(i) Going forward, they intend to develop three new hotels under The LaLiT brand in Ahmedabad, Mangalore, and Dehradun which will, in aggregate, offer 290 rooms and 115 cottages, when completed.
(ii) They also intend to develop 50 additional rooms at The LaLiT Laxmi Vilas Palace Udaipur.
(iii) They also operate two hotels in the mid-market segment under The LaLiT Traveller brand, which are The LaLiT Traveller Jaipur and The LaLiT Traveller Khajuraho. They intend to develop four new hotels under The LaLiT
Traveller brand in Ahmedabad, Pune, Amritsar, and Chitrakoot which will, in the aggregate, offer 308 rooms, when completed.
(iv) Further, in the F&B segment, they operate 45 restaurants, bars, and bakery outlets as of March 31, 2018, across our hotels in India. They have developed their own brands, such as 24/7, Baluchi, OKO, The LaLiT Boulangerie, Kitty Su, and The LaLiT Food Truck Company.

Business Performance Bharat Hotel FY19-20

1. The Lalit Suri Hospitality Group was recording a steady growth in its revenues in the last financial year until the
set-back in the last quarter from January 2020 onwards due to the COVID-19 pandemic. Because of almost negligible business from January onwards, Bharat Hotel came in the loss in FY19-20.

2. Due to COVID-19, the hospitality sector was affected quite badly. With social distancing, quarantine measures, travel bans, etc., it is expected that hospitality will take a longer time to revive. Plus the fixed cost is the same as before and with revenue declining, Bharat Hotel has faced liquidity issues in the business.

3. In order to increase the revenue during the lockdown, some of the hotels have accommodated doctors on COVID 19 duty at hospitals at fixed rates to be paid by the Government. Apart from this, Bharat Hotel has also started home delivery of bakery, confectionery, and gourmet hampers. The Company is also exploring possibilities of digital channels to make more products and services available to guests like Ayurveda doctor consultancy, wellness packages, chef at home, bartender at home, Kitty comes home, industrial catering.

Business and Operation performance of Bharat Hotel in FY20-21

1. Bharat Hotel Unlisted Share has recorded unprecedented decline in revenue and losses on both standalone and consolidated basis during the last financial year amid the COVID-19 crisis. The business operations of the Company were severely disrupted during the first-half of last year due to lockdown, travel restrictions and other control measures implemented by the Government to contain the spread of the pandemic.

2. During this period some of the hotels were accommodating doctors on COVID-19 duty at fixed rates paid by the Government. The hotels pan-India could not fully operationalise even by the end of year 2020 and witnessed huge reduction in their operating cashflows that has put abrupt pressure on liquidity levels of the Company.

3. Bharat Hotel had put up a strong impetus on cost optimization by reviewing all expenses to ensure only the very critical expenses were incurred; the Company has been able to generate a positive EBIDTA despite substantial reduction in the revenue.

4. Several strategic initiatives have been taken to reinstate the business including consolidation of various units of the Company and discontinuation of unprofitable or onerous operations. To better manage its liquidity position, the Company has restructured its existing borrowings from various banks under the RBI guidelines on “Resolution Framework for COVID-19 related Stress”.

5. The revenue of Bharat Hotel declined from 729 Crores in FY20 to 172 Crores in FY21.

6. Bharat Hotel has incurred a loss of ~90 Crores in FY20-21.

Bharat Hotels Unlisted Shares Details:

Total Available Shares:	500
Face Value:	₹ 10 Per Equity Share
ISIN:	INE466A01015
Lot Size:	100 Shares
Current Unlisted Share Price:	₹ 160 Per Equity Share

Promoters And Management:

(i) Dr. Jyotsna Suri is the Chairperson and Managing Director of the Company. She has been on our Board since January 11, 1989. She was appointed as the Joint Managing Director of the Company with effect from December 1, 1989 and as the Chairperson and Managing Director of our Company with effect from October 16, 2006. Qualification and Experience: a) She has a bachelor‘s degree in English from Miranda House College, Delhi University and has been conferred an honorary degree of Doctor of Laws from the University of Warwick, U.K. b) She was the President of the Federation of Indian Chambers of Commerce and Industry (FICCI) in 2015 and has been the Chairperson of the FICCI Creative Industries Committee since 2015 and the Chairperson of the FICCI Tourism Committee since 2006. c) She has received various awards such as Outstanding Business Woman Award‘ at the PHD Annual Awards for Excellence in 2016, the InWENA trophy for Women Entrepreneur(s)/Intrapreneur(s) of the Decade at the InWENA Awards in 2016 and the BEST CEO – Hospitality Sector‘ at the Global Women Achievers Awards in 2015. (ii) Ms. Divya Suri Singh is an Executive Director of our Company. She has been a Director of our Company since August 26, 2009, and has been associated with our Company as a legal advisor since 2001. Qualification and Experience: a) She holds a bachelor‘s degree in commerce from Shri Ram College of Commerce, Delhi University and a bachelor‘s degree in law from King‘s College London. She is enrolled as an advocate with the Bar Council of Delhi. b) She was the Chairperson of the Young FICCI Ladies Organization in 2012-2013. Since 2014, she has been a member of the Young Presidents‘ Organization. (iii) Ms. Deeksha Suri is the Executive Director of our Company. She has been a Director of our Company since August 26, 2009 and is responsible for manpower planning, human resource development, and general administration functions of our Company. Qualification and Experience: She holds a diploma in business studies from The London School of Economics and Political Science. She has included in Power Rangers a list of the 25 most influential women professionals in India, by India Today in 2012.

Shareholding Pattern:

Shareholding as on 31.03.2021

Deeksha Holding Limited	40.42%
Mr. Jayant Nanda	26.32%
Dr. Jyotsna Suri	9.55%
Responsible Holding Private Limited	9.35%
Mr. Keshav Suri	5.11%

Financials of Bharat Hotels Unlisted Shares:

Key Parameters in Hotel Industry

Sr.no	2018	2017	2016	2015	2014
Number of available rooms	2261	2206	2207	2207	2046
Number of hotels	14	13	13	13	12
ARR (₹)	6388	6306	6320	6613	7346
Average Occupancy Rate (%)	62	55	51	45	38
Average RevPAR (₹)	3974	3494	3200	2973	2813
Average TRevPAR (₹)	9143	8256	7679	6949	6461
Average expense per room (₹ million)	2.35	2.13	2.01	1.86	1.77
Average staff per room ratio	1.69	1.68	1.66	1.57	1.69
EBITDA (₹ million)	2242	1954	1777	1227	781
EBITDA margin (%)	29.71%	29.42%	28.66%	23.04%	17.78%

Financials Performance (Fig. in Crores)

Year	Revenue	EBITDA	OPM	PAT	NPM	Shares	F.V.	EPS
2016	586	163	28%	-40	-7%	7.60	10	-5.37
2017	629	191	30%	-16	-3%	7.60	10	-2.15
2018	754	224	30%	83	11%	7.60	10	11.04
2019	811	250	31%	28	4%	7.60	10	3.74
2020	729	221	30%	-73	-10%	7.60	10	-9
2021	172	29	17%	-91	-53%	7.60	10	-10.11
2022	316	116	36%	-58	-18%	7.60	10	-7.76

Year	Debt	NW	D/E	CR	CFO	Capex	FCF
2016	1116	963	1.16	0.58	140	60	79
2017	1247	940	1.33	0.78	188	72	116
2018	1365	962	1.42	0.41	218	115	102
2019	1333	983	1.36	0.38	237	75	162
2020	1348	869	0.64	0.60	245	40	205
2021	1435	848	1.69	0.57	119	8	111
2022	1539	727	1.91	0.91	136	9	127

Bharat Hotel Annual Report 2022 Bharat Hotel Annual Report 2021 Bharat Hotel Annual Report 2020 Bharat Hotel Annual Report 2019 Bharat Hotel Annual Report 2018

Comparison With Peers:

Particulars (Cr)	Lemon Tree	Bharat Hotel
Revenue (2021)	252	172
Revenue growth in 5 years	-11.56%	-27%
EBITDA (2021)	57	29
PAT (2021)	-127	-91
Share Price	55	190
MCAP	4413	1444
EV	6500	2800
EV/EBITDA	114	127

Company Address:

Bharat Hotels Limited Barakhamba Avenue, Connaught Place, New Delhi - 110 001, India Phone: +91 11 4444 7777 Email: corporate@thelalit.com

Frequently Asked Questions:

Please find below the procedure for buying Bharat Hotels Unlisted Shares at UnlistedZone.

1. You confirm booking of Bharat Hotels Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Bharat Hotels Unlisted Shares is 6 months after listing. Hence you can’t sell Bharat Hotels Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Bharat Hotels Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Bharat Hotels Unlisted Shares.
2. We will give you our client master report and you will transfer the Bharat Hotels Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Bharat Hotels Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Bharat Hotels Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Bharat Hotels Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Bharat Hotels Unlisted Shares.
2. AIF-II - There is no locking period.
3. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Bharat Hotels Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Bharat Hotels Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Bharat Hotels Unlisted Shares.
- b. Name of Bharat Hotels Unlisted Shares
- c. Quantity of Bharat Hotels Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Bharat Hotels Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Bharat Hotels Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Bharat Hotels Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.

If you buy Bharat Hotels Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Bharat Hotels Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Bharat Hotels Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Bharat Hotels Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Bharat Hotels Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Bharat Hotels Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Bharat Hotels Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Bharat Hotels Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Bharat Hotels Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Bharat Hotels Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Bharat Hotels Unlisted Shares:

13 Comments

aditayajasrotia

5:21 PM, 10 March 2021

is this company listed….as ipo permission was given in 2018

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Umesh Paliwal

6:39 AM, 12 March 2021

Not yet listed.

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Market Wizard

5:08 PM, 16 August 2019

Bharat Hotel AGM on 27.08.2019.

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Market Wizard

6:49 AM, 16 December 2018

History of Dividends

1. 2015-16= The Board has recommended a dividend of 7.5% per share i.e. Rs.0.75 per equity share of Rs. 10/- each.

2. 2016-17= The Board has recommended a dividend of 10% per share i.e. Rs.1.00 per equity share of Rs. 10/- each.

3. 2017-18= The Board has recommended a dividend of 10% per share i.e. Rs. 1 (Previous Year: Rs. 1) per equity share of Rs. 10/- each

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UZAdmin

1:51 PM, 17 October 2018

Bharat Hotels and Sphoorty Financial Received SEBI Approval:

Bharat Hotels, which runs five-star properties under The LaLiT brand, and micro-finance lender Spandana Sphoorty Financial have received the Securities and Exchange Board of India nod for IPO. With this, the total number of companies getting SEBI approval for initial share sale has reached 60 so far this year.

Bharat Hotels and Spandana Sphoorty had obtained the regulator’s “observations” on October 12. Both the companies had approached SEBI in June with their respective IPO papers. The capital market regulator’s observations are necessary for any company to launch public issues like initial public offer (IPO), follow-on public offer (FPO) and rights issue.

Going by the draft papers, Bharat Hotels’ IPO comprises the sale of fresh equity shares to the tune of Rs 1,200 crore. Proceeds of the issue will be utilized towards repayment of certain loans availed by the company and for other general corporate purposes. HDFC Bank Ltd, Edelweiss Financial Services, and YES Securities (India) will manage the company’s public issue.

As of March 2018, the company had operated 12 luxury hotels, palaces and resorts under The LaLiT brand and two mid-market segment hotels under The LaLiT Traveller brand across the country’s key businesses and leisure travel destinations.

Spandana Sphoorty IPO consists of fresh issue of shares worth up to Rs 400 crore, and an offer for sale of up to 13,146,595 equity stocks by existing shareholders, including Kedaara Capital Alternative Investment, Helion Venture Partners and Valiant Mauritius Partners, as per the draft papers.

Net proceeds of the fresh issue will be utilized for augmenting capital base and general corporate purposes. Axis Capital, ICICI Securities, IIFL Holdings, and JM Financial are the book running lead managers to the issue.

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UZAdmin

2:32 PM, 22 September 2018

A) The following table sets forth a comparison of operating performance across India for the fiscal year 2016:

Parameter —Avg. Across India’s four-star hotels—-Avg. Across India’s three—–Avg. Across India’s two star

(i) Occupancy (%)— 63.4—————————————— 61.7—————————————– 61.4

(ii) ADR (₹) ————– 4,173 —————————————3,023————————————– 2,058

(iii) RevPAR (₹) ————-2,646 ———————————–1,865 —————————————–1,264

B) The following table sets forth the revenue composition of the average of all chain-affiliated hotels across India for the fiscal the year 2016:

Hotel Category ———-Four-star hotels (%) —————-Three-star hotels (%) ———Two-star hotels (%)

(i) Rooms ————————–54.2 ————————————–50.8————————————- 53.0

(ii) Food and Beverages ——–40.7 —————————————43.6————————————– 42.2

(iii) Banquets———————- 13.7 —————————————9.6—————————————— 6.7

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UZAdmin

2:11 PM, 22 September 2018
Hotel Industry Analysis, Key Barriers and Future Prospect

(i) Market size of the organized and branded hotels industry!!!

a) CRISIL estimates the market size of the organized Indian hospitality industry comprising of only starred hotels to be approximately ₹ 55000 Cr during Fiscal 2018.

b) The industry has expanded at a CAGR of approximately 13.00% over the last four years between Fiscals 2014 and 2018.

(ii) Luxury hotel industry to grow at a CAGR of approximately 10.50-11.50% between Fiscals 2019 and 2022.

(iii) RevPAR for mid-market hotels to grow at a CAGR of approximately 5.00%

(iv) Key barriers to entry in the Indian hotel industry

The hotel industry faces several challenges to entry at key locations, principal among which include the availability of land, regulatory approvals, project delays and capital-intensive nature of the industry, as well as the availability of skilled manpower.

(Source: CRISIL Report.)
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UZAdmin

2:01 PM, 22 September 2018

The LaLiT New Delhi and The LaLiT Mumbai have historically contributed a significant proportion to the EBITDA. The LaLiT New Delhi and The LaLiT Mumbai together accounted for approximately 66.62%, 66.09% and 58.25% of our EBITDA during Fiscals 2018, 2017 and 2016.

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UZAdmin

1:53 PM, 22 September 2018

How to value Hotel Companies:

(i) Occupancy Rates.- The occupancy rate at a hotel is the number of available rooms that are occupied over a period of time.

(ii) ARR– It is a hotel KPI which measures the average rate per available room – similarly to ADR. Both of them can be used for the same purpose which is to calculate the average rate of the room.

(iii) RevPAR.- It is calculated by multiplying a hotel’s average daily room rate (ADR) by its occupancy rate. It may also be calculated by dividing a hotel’s total room revenue by the total number of available rooms in the period being measured.

(iv) TRevPAR– total revenue per available room, is a performance metric in the hotel industry. … TRevPAR is the preferred metric for accountants and hotel owners because it effectively determines the overall financial performance of a property, while RevPAR only takes into account revenue from rooms.

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UZAdmin

1:29 PM, 22 September 2018

The consolidated revenue of Bharat Hotel is 737 Cr and the consolidated EPS stands at 9.88. The recently listed Lemon tree is having a Revenue of 484 Cr with an EPS of 0.18. The Lemon tree is available at staggering P/E of 417. However, the hotel industry is not valued in terms of P/E but rather based on Average Revenue per Room, and the value of the property the hotel chain own.

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UZAdmin

1:15 PM, 22 September 2018

Experts from Annual Report 2018

(i) The Board has recommended a dividend of 10% per share i.e. Rs. 1 (Previous Year: Rs. 1) per equity share of Rs. 10/- each.

(ii) The Company has clocked a Revenue of 645 Cr in FY18 as compared to 538 Cr last year showing growth of 20%.

(iii) The Company has issued ESOPs at Rs. 383 in FY18.

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UZAdmin

12:53 PM, 22 September 2018

Bharat Hotels was started in 1981 by the Founder Chairman Lalit Suri and his wife Jyotsna Suri through bank loan and personal savings. Coming from a family of entrepreneurs, Jyotsna always wanted to do something which would take the country forward and also caters to people. Initially they had a franchise with international chains like Holiday Inn, Hilton and Inter Continental. It was in 2008 when the group carved out a new identity and rebranded all hotels in the name of its Founder Chairman, Lalit Suri.

On charting a new vision of the group, Jyotsna says, “Though I was working as the Joint Managing Director, it was daunting to step in Lalit’s shoes. I had to establish my credibility internally and with the external world as well. The major transition came when we rebranded the company as Lalit. Carving a new identity for an already existing brand with fresh ideologies was most challenging.” Describing itself as traditionally modern, subtly luxurious and distinct, the Lalit Suri hospitality Group is India’s largest privately owned hotel chain.

Talking about her next big goal, she shares, “Right now, I am focused on opening of The Lalit Ahmedabad. We also plan to open more hotels in mid segment.” The group believes in developing destinations and not just hotels’. Therefore, its initiatives involve the local population, their handicrafts, culture and food.

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UZAdmin

3:01 PM, 21 September 2018

Average Revenue Per Room of Lemon Tree the listed entity is:

1) Mid Scale = Rs. 2716 against an Industry Average of 1835
2) Upper Mid Scale=Rs. 3075 against an Industry Average of 2863
3) Economy Class=Rs. 1877 against an Industry Average of 1454

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Bharat Hotels Unlisted Shares

Bharat Hotels Unlisted Shares Details:

Promoters And Management:

Shareholding Pattern:

Financials of Bharat Hotels Unlisted Shares:

Comparison With Peers:

Company Address:

Frequently Asked Questions:

Discussion on Bharat Hotels Unlisted Shares:

13 Comments

aditayajasrotia

Umesh Paliwal

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Bharat Hotels Unlisted Shares

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Bharat Hotels Unlisted Shares Details:

Promoters And Management:

Shareholding Pattern:

Financials of Bharat Hotels Unlisted Shares:

Comparison With Peers:

Company Address:

Frequently Asked Questions:

Discussion on Bharat Hotels Unlisted Shares:

13 Comments

aditayajasrotia

Umesh Paliwal

Market Wizard

Market Wizard

UZAdmin

UZAdmin

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UZAdmin

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