Step taken by IHCL for Hotel Industry brought lot of changes in Market a major shift from Traditional Strategy to Asset Light Strategy focus on Equity Investment on those where an organization's expertise achieves the best return for investors.

Benefit of this Strategy are:

• Positive impact on investors

• IHCL and EIH Ltd have outperformed the Nifty Midcap Index on a one-year horizon

• Higher Returns on Investment (ROI)

• Ebitda (Earnings Before Interest, Tax, Depreciation and Amortization) rose by 16% after the implementation of Indian Accounting Standards -116 norms

• Higher operating performance implied costs are being in control.

• “Traction in new signings continued with addition of 1,257 rooms in Q1FY20 (April-June) across seven cities, which took the pipeline to 4,500-plus rooms (FY19: 4,000 rooms)."  According to Edelweiss Securities Ltd.

• Seven new contracts in Q1 added

• Occupancy rates in the industry moved up by 3% points to 69% year-on-year in FY2019, according to data from ICRA Ltd.

• UK & US business remain in cloud .

• Earnings Per Share (ERP) Increase by 35% average compounded rate due to Margin Expansion and Lower Capex Intensity.

source : ET