Encalm Hospitality targets ₹5,000 cr business with airport hotels and lounges
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Encalm Hospitality, backed by Singapore‑based private equity firm Gateway Partners, aims to become a ₹5,000 cr company within five years after reporting revenue of about ₹908 cr in fiscal year 2025.
The company expects turnover of ₹1,200 cr in fiscal year 2026, runs a 57‑room hotel at Hyderabad airport with roughly 80% occupancy and an ADR of about ₹6,500, plans two additional 5‑star airport hotels in Goa (Radisson Blu) and Visakhapatnam (Taj Vivanta) by the end of 2026, and expects its first lounge contract at an AAI‑operated airport in Vadodara to open within three to four months.