Indian hotel chains shrug off geopolitics, post double-digit Q1FY26 growth
IHCL guides 12-14% topline growth as Marriott, Radisson and Chalet ride resilient domestic demand. Goa (+25.1%), Kerala (+25%), Delhi (+23.3%) and Mumbai (+15.5%) lead May RevPAR gains; Hyderabad and Bengaluru lag. Fuel costs and US-Iran tensions fail to dent leisure and corporate travel momentum.
Indian hotel chains IHCL, Marriott, Radisson and Chalet report double-digit revenue growth in April-June quarter despite fuel costs and US-Iran tensions, driven by resilient domestic demand. Goa, Kerala, Delhi lead RevPAR gains; Hyderabad, Bengaluru subdued.