New Delhi, June 7 -- New Delhi: India's listed hotel companies shrugged off a year marked by military conflict, airline disruptions and geopolitical tensions to post robust earnings in FY26, even as investors soured on the sector and hotel stocks corrected sharply.

The year saw multiple shocks to travel demand-from Operation Sindoor and and flight disruptions at IndiGo during the peak tourist season to the West Asia war-but leading hotel operators including Indian Hotels Co. Ltd (IHCL), EIH, ITC Hotels, Lemon Tree Hotels and The Leela Palaces, Hotels and Resorts reported higher revenues and profitability as room rates remained firm and fresh supply was absorbed across markets.

IHCL, India's largest hotel company by room inventory, repor...