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Mr. V
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Quote Mr. V Replybullet Topic: Kamat Hotels
    Posted: 02/Mar/2007 at 9:41pm
Valuations look very attractive. PE < 15 and there is going to be a definite jump in earnings because the expansions in the existing properties are near completion.
 
Their long term strategy also looks very interesting. Apart from focusing on the premium and luxury segment, they are also looking at the budget & business segments. Moreover, they are targeting tier 2 and tier 3 cities, which I believe will see a lot of action over the next 5-6 years. Another advantage in tier 2/3 cities is that the real estate prices are low means they will have to take on less debt and operating margins are better.
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Quote basant Replybullet Posted: 02/Mar/2007 at 9:46pm
I think it is doing well in the Hyderabad region. A person who studies markets quite well was bullish on this one.
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Quote Mr. V Replybullet Posted: 02/Mar/2007 at 11:46pm
Are you sure about Hyderabad ?
From their website, this is the list of properties owned by them
 
Current properties
The Orchid -An Ecotel Hotel, Mumbai 
Rodas -An Ecotel Hotel, Mumbai 
Lotus Suites - Mumbai 
Lotus Suites - Goa 
Uppal's Orchid An Ecotel Hotel, New Delhi 
Kamats Silvassa Resort - Silvassa 
Hotel Siddharth - Nasik 
Kamats Murud Beach Resort 
Future Plans (Some of them are partly completed)
Expansion Of "The Orchid", 5 Star ,Mumbai ( 130 new rooms making the total capacity 375 rooms. Phase 1 is completed and Phase 2 will be completed this quarter. This probably is the reason for the bump in earnings in the last quarter)
Orchid Heritage Jadhav Gadhi, At Pune
The Orchid, 5 star, Raipur Chatissgarh
Orchid Resort 5 Star Khawne In Sindhudurg District ,Maharashtra (2008)
Lotus Suites Four Star At Nagpur (2007)
Lotus Suites, 4 star, Amboli ,Sindhudurg District, Maharashtra otus Suites Four Star At Nagpur
Lotus Suites At Aronde , Sindhudurg District Maharashtra
Lotus Suites At Baddi , Himachal Pradesh (Located in the Pharma SEZ, Complete Tax holiday as well)
The Lotus Suites 4 Star , Raipur Chatissgarh
50 Kamfotels over the next 10 years
 
Couple of weeks back there was a press release about Kamat Hotel taking over the management of Vedanta Hotels in Aurangabad.
 
They seem to have quite a few hotels lined up for Sindhudurg District, I personally have no clue about this place. Does this district really have such a big potential ?
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Quote nikhil090 Replybullet Posted: 02/Mar/2007 at 9:20am
They are there in hyderabad - a mid class property - not the best in class in its category but still doing ok due to hyderabad boom.
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Quote kulman Replybullet Posted: 02/Mar/2007 at 9:54am
They seem to have quite a few hotels lined up for Sindhudurg District, I personally have no clue about this place. Does this district really have such a big potential ?
 
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Having travelled extensively in that region,  I can say that Tourism is booming like never before in Konkan (coastal Maharashtra). And Sindhudurg has couple of the best sea beaches. Govt is about to complete Coastal Highway project which is helping tourists a lot.
 
 
 
 
Disclosure: I love sea beaches & visit Konkan/Goa at least once a year.
 
 
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Quote Mohan Replybullet Posted: 03/Mar/2007 at 10:08pm
Originally posted by kulman

They seem to have quite a few hotels lined up for Sindhudurg District, I personally have no clue about this place. Does this district really have such a big potential ?
 
--------------------------------------------------------
 
Having travelled extensively in that region,  I can say that Tourism is booming like never before in Konkan (coastal Maharashtra). And Sindhudurg has couple of the best sea beaches. Govt is about to complete Coastal Highway project which is helping tourists a lot.
  
Disclosure: I love sea beaches & visit Konkan/Goa at least once a year.
 
 
 
do you know the route of the coastal highway project ?
 
 
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Quote kulman Replybullet Posted: 04/Mar/2007 at 12:31pm
Coastal Highway is being built from Revas (Alibaug) to Reddy along the Konkan sealine.
 
You may find more details by Googling.
 
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Quote Mohan Replybullet Posted: 04/Mar/2007 at 1:42am
Thats very interesting. there will be a lot of growth taking place along its route
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