Best Eastern Hotels Share Price

Best Eastern Hotels Limited was incorporated in 1986. The Company operates in the hospitality industry in India. The Company is primarily engaged in the business of owning, operating hotel and resort. It further operates The Usha Ascot, a resort facility located at the Matheran Hill Station, Maharashtra. Its resort facilities include soul club, discotheque, indooroutdoor recreation, and other features. Usha Ascot boasts of all the homely comforts and facilities. Cuisine with all varieties ranging from Indian, Chinese, Continental food, a Swimming Pool with a Sunken Bar and a Open Restaurant, Permit Room, Health Club with Steam room, Sauna, Jacuzzi, and Massage facility, Indoor recreation like Table Tennis, Carrom, and Badminton in the outdoor and newly added AC Pool Parlour and Discotheque, Inhouse Laundry and bakery and a full capacity stand by Generator to avoid power failures etc. and last but not the least, the only Resort at Matheran with 100% Air Conditioned Cottages with 80% of them with a pool view, every room has all the modern amenities like Color TV, Telephone, Running Hot Cold water in bathrooms, well furnished interiors and a personal sitout balcony.During the year 2024, luxury hotels have expanded their footprint, with new openings and acquisitions. MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism has seen significant growth, with corporate events and weddings driving occupancy rates. Rising disposable income and urbanization have boosted domestic travel of the Company. The Company has reported doubledigit revenue growth, with occupancy rates for their chain of hotels.