English
Specials
    Premium
    My Alerts
    MoneycontrolGo PRO @₹99
    Moneycontrol PRO
    Check Credit Score
    Check Credit Score
    HomeNewsBusinessStocks

    Discovery Series | Apeejay Surrendra Park Hotels: Why should you check into this hotel stock?

    ASPHL plans to double room inventory over the medium term. With a healthy cash flow and a huge land bank, ASPHL can grow organically without stretching the balance sheet

    Bharat Gianani
    March 12, 2024 / 08:51 AM IST
    Discovery Series | Apeejay Surrendra Park Hotels: Why should you check into this hotel stock?

    The hotelier has a healthy cash flow and can grow organically, leveraging its huge land bank

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

    Highlights

    • Aggressive room addition plans

    • Hotel industry up-cycle to sustain

    • Strong balance sheet to enable inorganic growth

    • Scaling up Flurys business

    Apeejay Surrendra Park Hotels Limited (ASPHL; CMP: Rs 184; Market Cap: Rs 3,926 crore; Rating: Overweight), established in 1967, is one of the oldest hospitality companies in India. ASPHL specialises in luxury boutique properties, with a consistent track record of industry-leading occupancies and return ratios.

    ASPHL plans to double room inventory over the medium term. With a healthy cash flow and

    • PRO Panorama

      Moneycontrol Pro Panorama | Oil market heats up

      Mar 20, 2024 / 02:49 PM IST

      In today's edition of Moneycontrol Pro Panorama: Japan's bank rate hike and its implications, current political situation re-asser...

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender: Saint Powell and the inflation dragon

      Mar 9, 2024 / 10:03 AM IST

      While the markets reach all time highs, the Bank for International Settlements warns that the last mile on disinflation is a diffi...

      Read Now

    To read the full story,

    Subscribe to Moneycontrol PRO
    • Ad-free Experience
    • Access Exclusive Stories
    • Weekly Investment Ideas
    • Daily Technical Calls

    New to PRO?

    Start Your 30-Day Trial at ₹ 0

    Already a member? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts