1 month ago

Indian Hotel Stocks Resilient Despite Travel Disruptions

Indian Hotel Stocks Resilient Despite Travel Disruptions
ITC Hotels, Chalet, Ventive, IHCL, SAMHI: Hotel stocks to buy despite travel disruptions · businesstoday.in

The Indian hotel sector is expected to have a strong quarter despite some problems like geopolitical tensions and travel disruptions.

Experts say that room rates and the amount of money hotels make per room (RevPAR) will grow a lot.

This is because there are more people traveling within India, and the hotels can charge higher prices.

Some cities like Chandigarh and Amritsar are affected more because of safety concerns and flight cancellations.

But overall, the hotel stocks like ITC Hotels, Chalet Hotels, and SAMHI Hotels are good to buy.

The experts also think that the hotels will keep doing well in the future because more people are traveling, and the middle class is growing.

Key facts

Expected Occupancy Growth
100-150 basis points
Expected Room Rate Growth
10-12%
Expected RevPAR Growth
12-14%
Affected Cities
Chandigarh, Amritsar, Srinagar, Jodhpur, Ahmedabad, Goa, Jaipur, Udaipur, Mumbai, Delhi, Bengaluru
Preferred Stock Picks
Indian Hotels, Chalet Hotels, SAMHI Hotels
Tactical Plays
Juniper Hotels, Lemon Tree Hotels
Expected RevPAR Growth (April)
7-9%
Expected RevPAR Growth (May)
22-24%

Sources

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