Tag: hospitality industry

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Advani Hotels & Resorts Reports Record-Breaking Q3 FY25 Results

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Advani Hotels & Resorts (India) Limited, the company behind the luxurious Caravela Beach Resort Goa, has announced its financial results for the third quarter (Q3) of the financial year 2024-25 (FY25). The results show a significant increase in revenue and profitability, with the company reporting a net profit of INR 1192 lakhs, a growth of 28% year-over-year (YoY).

Key Highlights of Q3 FY25 Results

  • Total income increased by 9.2% YoY to INR 3607.4 lakhs.
  • EBITDA margin expanded to 46.6%, driven by higher revenue and efficient cost management.
  • Profit Before Tax (PBT) rose by 26.2% YoY to INR 1604.5 lakhs.
  • Net Profit increased by 28% YoY to INR 1191.6 lakhs.
  • The company declared a dividend of 50% (INR 1 per share), resulting in a payout of INR 924.38 lakhs.

Strong Operational Performance
The Caravela Beach Resort Goa witnessed strong operational performance during Q3 FY25, with:

  • Occupancy rate of 84.9%, despite a slight decline in total room nights sold.
  • Total Revenue per Occupied Room per night (TRevPOR) increased by 10.5% YoY to INR 24,065.
  • Average Net Revenue per Occupied Room per night on Christmas Eve and New Year’s Eve reached INR 33,905 and INR 48,203, respectively.

Debt-Free Status and Liquid Fund Reserves
Advani Hotels & Resorts (India) Limited maintains a debt-free status, with Liquid Fund Reserves (including Fixed Deposits) increasing by 18.5% YoY to INR 5699.8 lakhs as of December 31, 2024.

Awards and Recognition
During the nine months ended December 2024, the Caravela Beach Resort Goa received several prestigious awards, including:

  • ‘Destination Wedding Resort of the Year—West India’ at the Economic Times MICE & Wedding Tourism Awards 2024.
  • ‘Best Beach Front Wedding Destination Resort’ in Goa at the Shubh Food Travel & Wedding Tourism Expo Summit & Awards 2024.
  • ‘Iconic Deluxe Beach Resort’ in Goa by the Times of India – Times Hospitality Icon 2024.
  • ‘Best MICE Resort of Goa’ at the India MICE Awards 2024 by TravTour MICE Guide.
  • ‘Guest Review Award 2024’ from GO-MMT.
  • ‘Traveller Review Award 2025’ by (link unavailable)


The company has implemented eco-friendly measures, such as installing aerators in each faucet to conserve water. Additionally, Advani Hotels & Resorts has introduced various soft adventure and guest experiential activities, including land and water zorbing, bunjee trampoline, archery, target shooting, and local distillery tours.

Industry Outlook
The hospitality industry in Goa is undergoing a transformation, shifting focus from mass tourism to attracting high-value visitors. The state government is working to improve the tourism experience by addressing infrastructure challenges and promoting sustainable tourism practices. Advani Hotels & Resorts is well-positioned to capitalize on this trend, with its luxury offerings and strong operational performance.


Advani Hotels & Resorts (India) Limited’s Q3 FY25 results demonstrate the company’s ability to deliver strong revenue growth, expand margins, and maintain a debt-free status. With its focus on luxury tourism, eco-friendly initiatives, and guest experience enhancements, the company is poised for continued success in the hospitality industry.

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Rockstar Chef Competition Crowns Young Culinary Talents from Goa

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In a thrilling finale, St. Francis Xavier’s Higher Secondary School, Siolim; Keshav Smruti Higher Secondary School, Verna; and Deep Vihar Higher Secondary School, Vasco emerged victorious at the debut edition of the Rockstar Chef Competition. The event, organized by Kamaxi College of Culinary Arts (KCCA) and Kamaxi Skills, aimed to provide a platform for aspiring chefs from Higher Secondary Schools across Goa to showcase their culinary skills.

The competition, held in two phases across December 2024 and January 2025, featured 21 participants from 11 educational institutions. The final round, held at KCCA, saw the young chefs present their creations to a panel of renowned judges. The winning dishes included Azure Vanilla Cake, Roasted Pineapple Curry, and Chicken Stroganoff with Steamed Parsley Rice.

Rishita Damaji from St. Francis Xavier’s Higher Secondary School, Siolim, took home the top prize with her Azure Vanilla Cake. Paramjit Saha from Keshav Smruti Higher Secondary School, Verna, secured the first runner-up spot with his Roasted Pineapple Curry, while Shiphara Shaikh from Deep Vihar Higher Secondary School, Vasco, was declared the second runner-up with her Chicken Stroganoff with Steamed Parsley Rice. All participants received certificates, while the semi-finalists received gift vouchers. The winners took home trophies, certificates, and gift vouchers.

The judging panel comprised esteemed professionals, including Chef Aditya Singh Bhadoria, Executive Chef at Club Mahindra; Chef Amit Chatterjee, Pastry Chef at Alila Diwa; and Chef Patrick Albert, Maitre Cuisinier de France and Head Chef Faculty at KCCA. The competition featured two categories: ‘Hot Kitchen’ and ‘Bakery and Pastry’, where participants’ dishes were judged based on culinary technique, presentation, creativity, and cleanliness.

Parixit Pai Fondekar, founder of KCCA and Kamaxi Skills, emphasized the significance of the competition: “At Kamaxi, we believe in nurturing the culinary talents of young individuals. Events like the Rockstar Chef Competition not only encourage creativity but also give students the chance to learn and grow under the guidance of industry professionals. We hope to continue inspiring and shaping the future chefs of Goa.”

The Rockstar Chef Competition has successfully provided a platform for young culinary talents to showcase their skills, and its impact will undoubtedly be felt in the culinary world for years to come.