indian hotels

Markets

Hotels see firm revenue matrix in February: 11MFY24 growth in double digits

[ad_1] Indian Hotels Co , Lemon Tree Hotels , EIH Ltd, Chalet Hotels  share prices have seen gains of  73-127 % over last one year. Even for Juniper Hotels the gains stand at around 26.5% even since its listing in February. The hospitality industry received a lot of attention during recent past and was for the correct reasons. Travel demand has continued to increase post-COVID led restriction continued to…

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Markets

Hotel industry market cap tripled since 2019; Jefferies sees momentum continuing

[ad_1] In a recent note, analysts at Jefferies said that they expect the hotel industry will conclude FY24 on a high note, with continued momentum in Revenue per Available Room (RevPAR) expected to extend into FY25. As per the brokerage, the key drivers propelling this growth include supportive macroeconomic conditions, with hotel demand surpassing supply growth. Additionally, the industry’s focus on pricing strategies, premiumization, and the enduring appeal of…

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