Fundamental Radar: India Hotels a play on recovery in demand revival & new hotels, says Sneha Poddar
Published On: Mar 14, 2023
“We expect the strong momentum to continue for Indian Hotels in FY23-25, led by: a) a further improvement in ARR and occupancy due to favorable demand-supply dynamics; b) higher income from management contracts; and c) unlocking value by launching the reimagined and new brands,” Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.
