Brigade Hotel Ventures Reports Strong Q1 & IPO-Fueled Growth

Brigade Hotel Ventures, the second-largest owner of chain-affiliated hotels and rooms in South India among major private hotel asset owners as of March 31, 2025, has reported robust financial performance for the quarter ended June 30, 2025.

The company achieved a 32 percent year-on-year growth in food and beverage revenues, highlighting its focus on enhancing dining experiences. Following the successful completion of its IPO, BHVL is set to accelerate expansion plans, targeting the addition of nine new hotels and a doubling of its key count within the next four to five years.

Key Highlights

• Q1 FY26 F&B revenue up 32 percent YoY, boosting hospitality growth
• Entire hotel portfolio achieves IFC’s EDGE green building certification
• IPO proceeds to fund nine new hotels and double key count in 4–5 years

This growth strategy will be funded through IPO proceeds and strong operating cash flows. In a significant sustainability milestone, the entire BHVL portfolio is now EDGE-certified—a globally recognized green building standard developed by the International Finance Corporation (IFC). This certification signifies measurable efficiency improvements, including over 20 percent reductions in energy and water consumption and reduced embodied carbon in construction materials.

Commenting on the results, Nirupa Shankar, Managing Director, Brigade Hotel Ventures said: “Our Q1 performance reflects the strength of our diversified portfolio and our ability to navigate market challenges while capturing new opportunities. With disciplined pricing, strategic market positioning, continued focus on optimising operating costs and a sharp focus on guest experience, we have sustained growth momentum across key markets. The improved performance in GIFT City and the rapid ramp-up of ibis Styles Mysuru demonstrate our agility in tapping high-growth segments.”

Looking ahead, BHVL anticipates accelerated growth through FY26, driven by strong corporate travel demand, MICE (Meetings, Incentives, Conferences, and Exhibitions) events, festive season travel, and the rising trend of “b-leisure” (business + leisure) stays.

Also Read: Brigade Hotel Ventures Raises Rs325 Cr from Anchor Investors Ahead of IPO

While domestic travel remains a core focus, the company also expects continued recovery in inbound international tourism, reinforcing its position as a leader in sustainable hospitality growth.