EBITDA margins targeted above 30%
Management targets near-term EBITDA margins above 30% progressing toward long-term benchmark of 40% as renovation completes and new inventory ramps up.
Viceroy Hotels · forward-looking guidance across the available source record.
Guidance tracker
Management targets near-term EBITDA margins above 30% progressing toward long-term benchmark of 40% as renovation completes and new inventory ramps up.
The recently acquired 75-key Marriott Executive Apartments in Gachibowli (215 crore) will begin contributing to financials from Q4 FY26, expected to deliver 48 crore turnover and 21 crore EBITDA in CY25.
Phase 2 expansion at Marriott doubles convention capacity to 20,000 sq ft (from existing 10,000 sq ft) by December 2026, along with phased refurbishment of 295 rooms at 40 crore investment.
Management reiterated the long-term strategic target of reaching 1,000 room keys by 2030, supported by current ~470 keys, 75-key acquisition, and upcoming greenfield project in Madhapur.