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Lemon Tree, EIH: Good time to check into hotel stocks, say analysts

At the bourses, most hotel stocks have gained ground from their respective March 2020 low. ITDC, Lemon Tree Hotels, Indian Hotels, EIH and Taj GVK have rallied 56 per cent to 163 per cent since then

Topics
hotel stocks | tourism sector | Markets

Puneet Wadhwa  |  New Delhi 



hotel
As per ANAROCK Property Consultants, over 26,340 rooms were added in the organized or branded hotels segment during 2017-19

Domestic travel industry has been one of the worst sufferers of Covid-19, as the pandemic and the ensuing lockdown hit their coffers hard. However, the economic activity picking up over the past few months, travellers – both leisure and business – are slowly returning. With an improvement in macro indicators in terms of business as well as COVID recovery rate, the hospitality sector is also expected to witness a revival in demand, though at a slower pace.

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First Published: Mon, February 15 2021. 12:46 IST

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