PARKHOTELS / guidance tracker

Keep management guidance in view.

Apeejay Surrendra Park Hotels · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Q4 FY26 hotel additions: 234 keys

Six hotels totaling 234 keys to open in Q4 FY26 across Vizag, Darjeeling, Katra, Kochi, Kalpa, and Dharamshala.

expansion

FY27 hotel additions: 438 keys

Plan to add 438 keys in FY27, taking total room count to 3,219 with 56 hotels.

expansion

Flurries store target: 120 by FY26 end, 150-160 by FY27

Flurries to reach 120 stores by end of FY26 and 150-160 stores by FY27, with focus on cafe formats.

growth

Flurries revenue target: ₹500 crore in 3-4 years

Management reiterated long-term revenue target of ₹500 crore for Flurries over the next 3-4 years.

revenue

12 new hotels (472 keys) in FY27

Management plans to add 12 hotels totaling 472 keys in FY27, with 8 under asset-light model, taking total keys past 3,000.

expansion

6,635 keys by FY30

Target to double hotel count from 42 to 85 and keys from 2,677 to 6,635 by FY30, with 2x growth in owned and 3x in asset-light.

growth

Flurries: 30+ new outlets in 10 months

Flurries plans to add more than 30 outlets over the next 10 months, entering NCR (8 outlets), Pune (5), and Bangalore (4).

expansion

EM Bypass cash flow improvement of ₹70 crore

From sale of service apartments at EM Bypass Kolkata, management expects additional cash flow improvement of close to ₹70 crore during FY27.

other