What we do Gujarat Hotels Ltd owns and licenses WelcomHotel Vadodara, a five-star hotel operated by ITC, focusing on premium hospitality and dining services primarily in Vadodara, India. |
Founded in 1,982 |
Market share Leader in premium dining in Vadodara with flagship outlets like Peshawri and Welcomcafe Cambay; key player in local luxury hospitality. |
Problem solved Provides upscale accommodation and premium dining experiences to foreign and domestic tourists, addressing the demand for quality hospitality in Vadodara. |
Top clients or who we serve Serves business travelers, tourists, and premium dining customers (B2C). |
Key management A Chadha (Chairman), A Thakar (Director) |
Our journey and innovations Founded in 1982, operated first five-star WelcomHotel Vadodara in 1986, partnered with ITC; turned profitable after 1993-94 restructuring; constantly enhanced premium dining offerings. |
Where we operate Primarily in Vadodara, Gujarat, India. |
Top products or what we offer Luxury hotel accommodation with 144 rooms; premium dining outlets Peshawri and Welcomcafe Cambay. |
Top brands WelcomHotel Vadodara, Peshawri (premium dining leader), Welcomcafe Cambay (premium dining leader) |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from recurring license fees and hotel operations, moderately cyclical depending on tourism season. |
Our industry position Established luxury hotel operator in Vadodara with strong market presence in premium hospitality and dining segments. |
Financial highlights FY 2023-24 revenue Rs. 4.1 crore, net profit Rs. 5.3 crore; license fees from ITC about Rs. 3.44 crore; steady profit growth and dividend payouts. |
Geographical revenue split Revenue generated primarily from operations in Vadodara, Gujarat. |
Order book - |
Whats driving growth Growth fueled by increasing foreign tourist inflows, robust domestic demand, and strong performance of premium dining outlets. |
Our future plans Pursuing land lease conversion to freehold; continuing improving hotel services; maintaining leadership in premium dining segments. |
Our green promise Committed to eco-friendly energy and water conservation measures and waste management to minimize environmental footprint. |
Our people and values 155 employees including ITC deputees; strong focus on ethical conduct, employee well-being, and diversity. |
Key challenges ahead Land lease status pending; global macroeconomic uncertainties affecting tourism; maintaining competitive edge in luxury hospitality. |
Interesting facts First and only five-star hotel in Vadodara since 1986; partnership with ITC Hotels since 1992; leaders in premium dining in Vadodara. |
Risks and strategy Risks include regulatory delays and economic downturns; mitigation involves legal actions, diversification of services, and robust internal controls. |
