CosmicTaco

Treebo Hotels Hits Revenue Milestone Despite Growing Losses

CosmicTaco · 2025-01-02T09:30:49.081897+05:30

- Treebo Hotels reached Rs 100 crore in revenue for FY24, marking a 22.5% increase from FY23. - Despite the revenue growth, losses climbed by 17%, totaling Rs 488 crore due to higher advertising and commission costs. - Competitors Bloom Hotels and FabHotels also saw significant revenue growth, with Bloom Hotels achieving a profit. Source: [Entrackr](https://entrackr.com/fintrackr/treebo-crosses-rs-100-cr-revenue-in-fy24-outstanding-losses-climb-to-rs-488-cr-8580656)

Treebo Hotels reached Rs 100 crore in revenue for FY24, marking a 22.5% increase from FY23.
Despite the revenue growth, losses climbed by 17%, totaling Rs 488 crore due to higher advertising and commission costs.
Competitors Bloom Hotels and FabHotels also saw significant revenue growth, with Bloom Hotels achieving a profit.

Source: Entrackr