by Vijaylakshmi 
SAMHI Hotels Limited, hotel ownership and asset management platform in India, has announced its unaudited results for the quarter ending June 30, 2024.
Chairman & Managing Director Ashish Jakhanwala highlighted a total revenue of INR 2,568 million and consolidated EBITDA of INR 934 million, marking a 43.7% year-on-year growth. The company’s RevPAR increased by 13.0% YoY, reflecting robust market demand. The integration of ACIC has yielded a margin improvement of ~520 basis points in Q1FY25 compared to H1FY24.
The company’s liquidity remains strong, supporting both internal and external growth. With the rebranding of ACIC hotels and a strong development pipeline, SAMHI is poised for continued growth in the upcoming quarters. Key highlights include a 31.2% YoY increase in asset income and a 31.7% growth in asset EBITDA, demonstrating the strength of SAMHI’s portfolio and strategic acquisitions.
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