EIH reported a weak set of results mainly on account of the weak performance of the flight catering business. Revenues declined 13.5% YoY to | 290 crore (vs. I-direct estimates of ~| 350 crore). This drop in revenues was on the back of flight catering business losing ~50% business with the grounding of Jet Airways. Flight catering revenues came in at | 38 crore (down 49% YoY) while revenues from rooms and F&B; segment were at | 252 crore vs. | 257 crore YoY. Combined (domestic and managed hotels) RevPAR increased 0.6% YoY to | 6310 and occupancy improved 86 bps to...