Image Source : NDTV Profit
Grand Continent Hotels Limited signed a revenue-sharing agreement to operate and manage “The Grand Anantajit” hotel in Dwarka, Gujarat. The deal expands the company’s portfolio under its asset-light model, driving faster growth with limited capital outlay and higher operational agility.
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Agreement Details
The Bengaluru-headquartered mid-scale hotel chain announced the revenue-sharing pact to operate a 42-room property named “The Grand Anantajit” located in Dwarka. This model allows Grand Continent Hotels Limited to expand rapidly with reduced capital intensity by sharing revenues instead of outright ownership or lease. Operations are slated to begin in the near future.
Strategic Implications
This agreement aligns with the company’s growth strategy to scale presence in emerging tourist markets across India with higher flexibility. Leveraging revenue sharing and partnerships enables faster property rollouts and enhances value creation for shareholders. The company also manages multiple properties via franchise and lease agreements, with Bengaluru remaining a key market.
Key Highlights
Property: The Grand Anantajit, a 42-room hotel in Dwarka, Gujarat.
Model: Revenue sharing, asset-light approach.
Growth Focus: Rapid expansion with operational flexibility.
Other Properties: 16 hotels across India, including under franchise agreements.
Financials: Strong FY25 revenue growth; benefits from diversified portfolio.
Sources: NSE India Filing, Grand Continent Hotels official site
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