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Oriental Hotels eyeing business recovery to be driven by domestic leisure, business tourism

21 Oct 2021 Evaluate

Oriental Hotels is eyeing business recovery to be driven by domestic leisure and business tourism. The company, which has seven hotels including Taj Coromandel, Taj Fisherman's Cove Resort and Spa, Chennai, recorded a standalone net loss at Rs 4.97 crore for the quarter ending September 30, 2021 as against a net loss of Rs 17.71 crore recorded during corresponding quarter previous year due to the impact caused by the Covid-19 pandemic.

Oriental Hotels (OHL) was incorporated with the objective to establish and run world class hotels.

Peers
Company Name CMP
The Indian Hotels Co 743.00
ITC Hotels 161.35
Mahindra Holi.&Resor 201.65
EIH 301.55
Chalet Hotels 883.00
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