3 hrs ago
Motilal Oswal Names Three Hotel Stocks Ahead of Wedding Season
Motilal Oswal believes India’s hotel business could do well in the second half of financial year 2026-27.
More people are expected to travel for weddings, business meetings, conferences and cultural events.
The brokerage also expects domestic tourism and corporate travel to support hotels.
It said the hotel industry ended the second quarter strongly.
Demand has remained healthy in several cities.
Hotels have also been able to maintain their room prices.
Motilal Oswal recommended buying shares of Indian Hotels, Lemon Tree Hotels and Ventive Hospitality.
It assigned target prices of ₹870, ₹140 and ₹750 to the three companies, respectively.
Motilal Oswal expects India’s hospitality sector to gain momentum in the second half of FY2026-27.
The outlook is supported by weddings, MICE activity, cultural events, leisure travel and corporate travel.
The brokerage maintained its Buy ratings on Indian Hotels, Lemon Tree Hotels and Ventive Hospitality.
Target prices are ₹870 for Indian Hotels, ₹140 for Lemon Tree Hotels and ₹750 for Ventive Hospitality.
Motilal Oswal cited resilient demand, healthy October bookings, conferences and sustained pricing power as positive indicators.
- Who
- Motilal Oswal Financial Services Limited and the hotel companies Indian Hotels Company Limited, Lemon Tree Hotels Limited and Ventive Hospitality Limited.
- What
- The brokerage maintained Buy ratings and set target prices for three hotel stocks.
- Where
- India’s hospitality and tourism sector.
- When
- The outlook covers the second half of financial year 2026-27; the report was released Wednesday.
- Why
- Expected support from weddings, MICE activity, events, domestic travel, corporate travel and sustained pricing power.
Key facts
- Brokerage view
- Motilal Oswal maintained a positive outlook for India’s hospitality sector.
- Indian Hotels target
- ₹870 per share; Buy rating maintained.
- Lemon Tree target
- ₹140 per share; Buy rating reiterated.
- Ventive Hospitality target
- ₹750 per share; Buy rating maintained.
- Stated upside
- The report listed 22% upside for Indian Hotels and 34% each for Lemon Tree Hotels and Ventive Hospitality.
- Growth period
- Positive momentum is expected in the second half of FY2026-27.
- Demand drivers
- Weddings, MICE activity, corporate travel, cultural events, conferences and leisure travel.
Quotes
Motilal Oswal Financial Services
Brokerage issuing the hospitality-sector research report
“Healthy October bookings, a stronger wedding calendar, and rising events/conferences provide favorable visibility into 2HFY27”
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“We reiterate our BUY rating on IH (TP: INR870), LEMONTRE (TP: INR140), and VENTIVE (TP:750)”
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