Portfolio ADR to exceed INR 10,000 by FY29 and INR 14,000 by FY31
Management projects average ADR to nearly double from current INR 7,500 as luxury properties ramp up.
BRIGADEHOTELVENTURES / guidance tracker
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Brigade Hotel Ventures · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
growth
Chennai Courtyard by Marriott opening in Q3 FY27
A 45-key hotel in Chennai World Trade Center, targeting second half of FY27.
Capex of INR 3,600 Cr with 60% debt funding
Planned capital expenditure funded through borrowings (60%) and internal accruals (40%), with internal accruals expected to exceed INR 1,000 Cr over coming years.
Kochi hotel upgrade to Courtyard by Marriott in Q1 FY27
Upgrading from Four Points to Courtyard brand, expected to drive double-digit ADR growth.