Hotels & Accommodations
Luxury Hotelier Says Today’s Tourists Are Different From 30 Years Ago
Kwon Ping Ho has come a long way since he opened his first resort in Phuket in 1994.
Ho’s luxury hotel chain, Banyan Group, now operates over 90 hotels worldwide, including in countries like Cuba and Saudi Arabia. The 72-year-old told Business Insider that it’s not just his company that’s changed. His customers look much different than they did three decades ago, and they want different things out of travel.
“When you talk about the people of my generation, when international travel just started, people were happy to go on group tours. They just go to a hotel and they eat in a hotel,” Ho said on the sidelines of the International Conference on Cohesive Societies held in Singapore last month.
“But young people today have long become jaded about international travel. They’ve been traveling with their parents,” he added. “Today, when they’re traveling on their own, they are looking much more for things that are out of the way.”
Ho said today’s more seasoned travelers are a vastly different breed from yesterday’s checklist sightseers.
“They are much more into experiences, and not just to see something beautiful because they’ve probably seen that, done that with their parents already. They are looking at experiences which are deeper and allow them to interact with the local community,” he continued.
Ho isn’t the only one who has noticed the generational shift taking place.
Last year, McKinsey surveyed 5,000 travelers from China, Germany, the United Arab Emirates, the United Kingdom, and the US. The consultancy said that 52% of Gen Zers surveyed said they are willing to splurge on travel experiences compared to 29% of baby boomers surveyed.
“One-size-fits-all tourism offerings of the past have grown outdated” as travelers seek “creative experiences that are tailored to their priorities and personal narratives,” McKinsey wrote.
Another change Ho said he noticed was in the countries from which tourists tended to hail and the places that they chose to visit.
“When I first started in hospitality 30 years ago, the nature of tourism was one direction and one color,” Ho said. “It was basically white people from Europe, traveling in one direction, from west to east.”
“Over the years, what I call ‘rainbow tourism’ has come up because of increasing wealth in other developing countries,” he added.
Ho said this has led to a “multicolored, multifaceted, exciting tourism of people from all over the world traveling to all over the world.”
“You’ve got Indians, you’ve got Africans, you’ve got Arabs, you’ve got Chinese, and Japanese, and so on, and then of course you’ve got young people from within the region,” he continued. “That to me has been the biggest change.”
In January, UN Tourism’s World Tourism Barometer said an estimated 1.4 billion tourists traveled internationally in 2024, an 11% increase over 2023. UN Tourism said it expected international tourism arrival numbers to grow by 3% to 5% in 2025.
Hotels & Accommodations
Indian Hotels First Quarter 2026 Earnings: Revenues Beat Expectations, EPS Lags
Indian Hotels (NSE:INDHOTEL) First Quarter 2026 Results
Key Financial Results
- Revenue: ₹21.0b (up 32% from 1Q 2025).
- Net income: ₹2.96b (up 19% from 1Q 2025).
- Profit margin: 14% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses.
- EPS: ₹2.08 (up from ₹1.75 in 1Q 2025).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Indian Hotels Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 5.5%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.
Performance of the Indian Hospitality industry.
The company’s shares are up 4.2% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Indian Hotels that we have uncovered.
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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Hotels & Accommodations
Oriental Hotels Limited’s (NSE:ORIENTHOT) CEO Looks Due For A Compensation Raise
Key Insights
- Oriental Hotels’ Annual General Meeting to take place on 24th of July
- Salary of ₹14.0m is part of CEO Pramod Ranjan’s total remuneration
- Total compensation is 50% below industry average
- Oriental Hotels’ total shareholder return over the past three years was 145% while its EPS grew by 59% over the past three years
The impressive results at Oriental Hotels Limited (NSE:ORIENTHOT) recently will be great news for shareholders. At the upcoming AGM on 24th of July, they would be interested to hear about the company strategy going forward and get a chance to cast their votes on resolutions such as executive remuneration and other company matters. Let’s take a look at why we think the CEO has done a good job and we’ll present the case for a bump in pay.
See our latest analysis for Oriental Hotels
How Does Total Compensation For Pramod Ranjan Compare With Other Companies In The Industry?
At the time of writing, our data shows that Oriental Hotels Limited has a market capitalization of ₹28b, and reported total annual CEO compensation of ₹25m for the year to March 2025. We note that’s an increase of 11% above last year. Notably, the salary which is ₹14.0m, represents a considerable chunk of the total compensation being paid.
On comparing similar companies from the Indian Hospitality industry with market caps ranging from ₹17b to ₹69b, we found that the median CEO total compensation was ₹49m. This suggests that Pramod Ranjan is paid below the industry median. What’s more, Pramod Ranjan holds ₹2.2b worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
Component | 2025 | 2024 | Proportion (2025) |
Salary | ₹14m | ₹12m | 57% |
Other | ₹11m | ₹9.7m | 43% |
Total Compensation | ₹25m | ₹22m | 100% |
On an industry level, around 95% of total compensation represents salary and 5% is other remuneration. In Oriental Hotels’ case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
Oriental Hotels Limited’s Growth
Over the past three years, Oriental Hotels Limited has seen its earnings per share (EPS) grow by 59% per year. In the last year, its revenue is up 20%.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. It’s also good to see decent revenue growth in the last year, suggesting the business is healthy and growing. While we don’t have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Oriental Hotels Limited Been A Good Investment?
Boasting a total shareholder return of 145% over three years, Oriental Hotels Limited has done well by shareholders. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.
In Summary…
The company’s solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. However, investors will get the chance to engage on key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.
While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. We did our research and spotted 2 warning signs for Oriental Hotels that investors should look into moving forward.
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.
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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Hotels & Accommodations
UK’s asylum hotel bill down 30%, government says
Data Journalist, BBC Verify
Political correspondent
The government spent nearly a third less on hotels to house asylum seekers between April 2024 and March 2025, according to newly published figures.
The Home Office’s annual accounts show £2.1bn was spent on hotel accommodation – an average of about £5.77m per day, down from £3bn or £8.3m per day, the previous year.
Data obtained by BBC Verify shows the saving has been driven by a reduction in the average nightly cost per person housed, after a government move to use cheaper forms of accommodation and room sharing.
But Dr Peter Walsh, from the Migration Observatory think tank at Oxford University, warned that the surge in small boat crossings seen since March could lead to a renewed reliance on hotels.
“I don’t think hotels are going away anytime soon based on current trends,” he said.
Hotel accommodation is used when there is no other housing available for asylum seekers, and the government has committed to stop using asylum hotels by the end of this Parliament.
There were 32,345 people in asylum hotels at the end of March 2025, up from 29,585 people at the end of June last year, but lower than the total in December.
A senior Home Office source said one of the main factors behind the saving was moving some asylum seekers from hotels into other types of cheaper accommodation.
They said the department had prioritised moving families and children into regular housing so they were not living in hotels for long periods of time.
BBC News understands the majority of people moved out of hotels are now living in local housing, or houses in multiple occupation (HMOs), a type of rented accommodation where at least three individuals share the use of a bathroom and kitchen.
Most of these properties have been acquired through the government’s contracts with Serco, one of the three companies responsible for asylum accommodation.
Some savings have also been made by renegotiating elements of those contracts, which were originally signed by the previous Conservative government.
Officials have previously told MPs that greater room-sharing in hotels has helped reduce the number of sites and per head costs over the past financial year.
It is not clear how many people usually share a room, but Home Office minister Angela Eagle has previously said “people can double up or treble up” if rooms are big enough.
The Home Office accounts suggest 273 hotels were in use in March 2024 but that number has now fallen by 71.
The average nightly cost per person fell from £162.16 in March 2023 to £118.87 by March 2025, according to BBC Verify’s analysis of official data obtained through a Freedom of Information request.
The Home Office’s accounts also show that almost £50m of public money was effectively written off after the Labour government scrapped a Conservative plan to use the RAF Scampton site in Lincolnshire to house asylum seekers.
Tens of millions had already been spent on the site when Labour came to power and axed the plans.
The Home office annual report says that decision resulted in a “constructive loss of £48.5m”, but a department source said the site would have been an even more expensive option than hotels, even taking into account the loss incurred.
The report also confirmed that £270m paid to Rwanda to help support the country’s economic development was not refunded after the UK government scrapped the Rwanda scheme.
Conservative ministers had planned to send some asylum seekers to Rwanda to deter people from crossing the Channel in small boats.
However, the scheme was stalled by legal challenges and Home Secretary Yvette Cooper has said it led to just four people being removed to the country voluntarily.
The Rwandan government said last year that it was “under no obligation” to pay back the £270m after Labour scrapped the deal.
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