The Indian Hotels Company500850Hospitality, hotels
Indian Hotels gave update on airline catering business improvement and progress of Oriental Hotels merger integration
By ScoutQuest · · 1 min read
- Non-airline catering share
- 20 percent of airline catering revenue
- Oriental Hotels merger appointment date
- 1st of April next year
- Merger completion timeline
- 9 months
- Oriental Hotels incremental revenue
- 600 to 700 crores rupees
Heard on business television between 07:15:15 - 07:18:15 IST.
- Management said catering business is improving due to revised flight schedules since October increasing domestic and international flights.
- Non-airline catering via Thad Sets business reached almost 20% of total airline catering revenue in Q2, using Thad Sets kitchens like cloud kitchens to supply institutional catering and support the ginger brand.
- Oriental Hotels merger appointment date set for 1st April next year, expected to take 9 months to complete; financial impact will show only in next year's books.
- Oriental Hotels merger expected to add 600-700 crores incremental revenue on top line once merged, with plans to increase EBIT through asset management initiatives on assets like Coromandel in Chennai and Fisherman's Cove near Mahabalipuram.
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Source: Live TV News Channel · 23 Oct 2026
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