Indiabulls Securities Research has come out with a research report on Indian bHotels/b Company (IHCL). The research firm has downgraded the stock from buy to hold, ... ?For Q2FY10, the standalone revenues of IHCL plunged 11.7% yoy, but increased 9.0% qoq to Rs 2859.2 million, while its reported net income plunged 77% yoy and 28% qoq to Rs 118.7 million, mainly due to sluggish inbound traffic and a bdip/b in room rates. However, the company delivered a good operating performance ...
Inflation plays spoilsport: Hotels' occupancy to dip Economic Times, India - 6 hours ago Hotels are expecting a 8-10 % dip in the projected occupancies for the quarter July-September , which is also the lean period for hospitality ...
