IHC, Mahindra Holidays: Time to check-in hotel stocks this holiday season?

Hotel stocks are seeing healthy accumulation with select stocks eyeing up to 35 per cent jump this travel season

With no Covid-19 related restrictions in place this year, hotel stocks are expected to gather steam during the upcoming holiday season. Stocks like Kamat Hotels, Taj GVK Hotels, Speciality Restaurants, and Oriental Hotels gained between 1 per cent and 5 per cent in the intra-day trade on Monday even as benchmark indices remained muted.

Since 2021, investors have been checking into hotel stocks as revenge travel boosted sentiment to a great extent. Major stocks have reached historic peaks with volumes witnessing significant additions.

So far in calendar year 2022, Royal Orchid Hotels shares have delivered tripled-digit returns, helping the stock to surpass