Hotel Sector News
Three hotel stocks riding Santa’s wave: Is more cheer coming in 2025?
Amid choppiness in the broader market, the hotel sector appears set for a festive boost. These three stocks stand out.
4 min read19 Dec 2024Hotel sector gears up for growth with ₹8,000-crore IPO pipeline and ITC demerger: Jefferies
The hotel sector may see new IPOs from Schloss Bangalore, Ventive Hospitality, and Brigade Hotels, expected to raise ₹8000 crore, according to Jefferies. Robust travel demand continues, but profitability challenges and high leverage pose risks to sustained growth in the hospitality industry.
3 min read12 Dec 2024Lemon Tree eyes shared loyalty alliances with international hotel chains
Lemon Tree Hotels is set to capitalize on rising demand in India, focusing on premium pricing, and plans to list its arm Fleur Hotels. Chairperson Patanjali G. Keswani favours partnerships with international chains and a substantial increase in hotel room inventory for growth.
5 min read8 Dec 2024Nirmal Bang initiates coverage on hotel sector with 2 ‘buy’ and 2 ‘accumulate’ calls; check list here
In a recent note, brokerage house Nirmal Bang initiated coverage on the Indian hospitality sector with a positive view. Nirmal Bang has a Buy rating on Indian Hotels and Chalet Hotels, and an Accumulate rating on EIH and Lemon Tree Hotels.
4 min read30 Jul 2024Kotak remains positive about hotel stocks, raises target price of IHCL, Chalet, Lemon Tree, Samhi Hotels; here’s why
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.
2 min read18 Apr 2024Q4 Results Preview: Hotel industry likely to post double-digit revenue growth over robust demand
According to Elara Capital, strong leisure and growing business travel will continue to accelerate ARR growth and increase occupancy.
2 min read12 Apr 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
Primer
Primer is Mint's signature mode of explaining a complex issue by breaking into five simple questions and answers. We bring you our roster of expert writers across subjects, resulting in explanatory journalism at its very best, published every weekday.