India's Hospitality Industry Is Growing Can Hotel Companies?
OYO Parent Prism Reports 17% Profit Growth – A Positive Signal for India's Hotel Industry
Imagine more people travelling for holidays, business meetings and weekend trips. As travel demand increases, hotels and hospitality businesses may get more opportunities to grow.
Prism, the parent company of OYO, reported strong Q1 FY27 results, showing growth in its hotel and vacation-home businesses.
**Key Highlights:**
- Net profit increased 17% to ₹353 crore.
- Revenue grew 35% to ₹2,814 crore.
- Gross Booking Value increased 30% to nearly ₹9,600 crore.
- Hotel bookings grew 30%.
- Vacation-home bookings increased 28%.
**🇮🇳 Nifty 500 Company That May Benefit:**



















