Park Hotels Closes FY Strong with Robust Q4 Growth Amid Travel Boom
Higher occupancy, rising room rates, and sustained demand across leisure, weddings, and corporate travel helped Park Hotels deliver a strong Q4 performance, reinforcing optimism for the hospitality sector going into the new fiscal year.
By SOH Edit Team
Park Hotels announced its Q4 results, reflecting steady growth driven by higher occupancy levels, improved average room rates, and continued momentum in leisure and business travel demand.
Revenue Growth Driven by Strong Hotel Performance
The company reported healthy growth in revenue during the quarter, supported by improved RevPAR (Revenue Per Available Room) across key markets. Premium properties and destination hotels continued to see strong traction as domestic travel demand remained resilient.
Park Hotels said it remains focused on strategic expansion opportunities while optimizing operational efficiencies across its portfolio. The company continues to strengthen its presence in high-growth hospitality markets through selective investments and partnerships.
Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels.
Industry Outlook Remains Positive
Management highlighted optimism around the hospitality sector outlook, citing sustained travel demand, increasing corporate bookings, and a strong pipeline for weddings and events heading into the new fiscal year.
Commenting on the Q4 FY26 performance, Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels, said, “FY26 has been a significant year, with revenue crossing the ₹700 crore milestone for the first time. Q4 continued to reflect resilient operating performance across the portfolio with the Company maintaining its leadership position in occupancy and RevPAR. The sale of serviced apartments at EM Bypas Kolkata, has exceeded expectations resulting in substantial improvement in this year’s cash flow. The 75% dividend payout approved by the Board reflects the strength of our balance sheet and growth momentum. The outlook remains positive, and we continue to focus on creating long-term value for our shareholders through strategic portfolio expansion, enhanced guest-centric experiences, operational excellence, and sustained margin improvement.”
Recognition for Ran Baas The Palace, Patiala and The Lotus Palace, Chettinad on the global stage further reinforces ASPHL’s position as a design-led, experience-driven hospitality group. As the Company moves ahead, it remains focused on deepening guest engagement and strengthening its leadership in the Indian hospitality landscape.
