Strong prospects, valuations to drive gains for hotel stocks

The hospitality industry has around 212,000 rooms, with an industry size of about Rs 82,000 crore. Photograph: Jason Lee/Reuters The industry could grow at an annual rate of 10.5 per cent for the......

Growth expectations and better margins drive gains in hotel stocks

The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21. Photograph: Jason Lee/Reuters The hotel industry market cap has......

Hospitality icon PRS 'Biki' Oberoi passes away at 94

Prithvi Raj Singh Oberoi, the 94-year-old veteran corporate hotelier who redefined India's hospitality industry, passed away on Tuesday. Photograph: Kind courtesy, Oberoi Group The Chairman......

Hotel stocks have more room for an upside; buy selectively: Analysts

The move to demerge the hotel business into a separate entity by ITC has brought back focus on hotel stocks, which have already seen a good run thus far in fiscal 2023-24 (FY24). Image used for......