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What Big 10 fund houses bought & sold in March 2024 indiainfoline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiainfoline.com Daily Mail and Mail on Sunday newspapers.
For two years now, hospitality firms have had a good run. Hotel rates have shot up and occupancies have normalized to a higher level than before the covid. But we know that past performance isn’t an assurance of future results. What can keep the sector’s operating performance healthy, going ahead?
Favourable demand-supply dynamics and increasing average room rates (ARR) in India's hospitality industry have led Kotak Institutional Equities to revise upward the sector's FY25E EBITDA. The brokerage firm raised fair values of Indian Hotels Company, Chalet Hotels, Lemon Tree, and Samhi Hotels.
The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21.
The hotel industry market cap has more than tripled since 2019 on the combination of a strong earnings rebound and positive surprises, as well as three recent listings.
The industry has good tailwinds.
The anticipation is, demand for rooms will outrun supply for a few years despite capacity expansions.
Indian Firms Pursue Energy Efficiency Boost With EP100 Initiative miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.