ICRA rates debt instruments issued by corporate entities, commercial banks, non-banking finance companies, financial institutions, public sector undertakings and municipalities, among others. ICRA enjoys a strong market acceptance with issuers, intermediaries, lenders and investors by virtue of a long and consistent track record of formidable performance across multiple dimensions.
ICRA expects the revenues of the Indian hospitality industry to grow by 7-9% YoY in FY2025 and 6-8% YoY in FY2026, over the high base of FY2024. Further, ICRA estimates pan-India premium hotel occupancy to improve to ~72-74% in FY2026 from ~70-72% in FY2025. The average room rates (ARRs) for premium hotels are projected to rise to Rs. 7,800-8,000 for full-year FY2025 (up 8% YoY) and ...
Industry RevPAR to hit decadal highs in FY2025, and improve ... - icra.in
ICRA estimates the revenues for top 5 DC players (which account for around 75-80% of overall industry revenues and operational capacities in India) to expand by a sharp 18-20% YoY in FY2026, supported by an increase in rack capacity utilisation and the ramp-up of new DCs. The operating margins are expected to remain healthy in the range of 40-41% in FY2026. The return on capital employed (RoCE ...
Indian data centre players to invest Rs. 2.0-2.3 lakh crore ... - icra.in
ICRA’s premium room inventory database indicates a CAGR of 4.5-5.0% in room addition during FY2023- FY2026 ICRA has revised the outlook on the Indian Hospitality industry to Stable from Positive, considering the expectations of normalised revenue growth of 6-8% in FY2026 on the high base, posted after three years of double-digit revenue expansion seen by the industry over FY2023 to FY2025 ...