HBG Hotels

Phoenix Township Limited is a public limited company and the property holding and hospitality arm of the Hede Business Group, a well-known enterprise from Goa. The company's philosophy on corporate governance is centered on accountability, responsibility, and transparency in all its business conduct and affairs. Believing in the significant growth potential of the Indian hospitality market, the company has implemented various measures to capitalize on this opportunity. Its operational results are mainly influenced by room revenue and food and beverage sales from its hotels. A balanced portfolio of owned, leased, and managed properties gives the company a competitive advantage to lead markets and expand its business. During the 2023-24 financial year, the company's profit before tax increased to ₹248.97 Lakhs from ₹99.25 Lakhs in the previous year.;