Page 2 - Hotel Stocks

ITC demerger: 7 hotel stocks with up to 15% upside potential as per charts

Even as hotel shares fell up to 5% on Monday; technical charts hint up to 15% upside potential for Mahindra Holidays, TAJ GVK, Apollo Sindoori, ITDC, EIH, Oriental Hotels and Advani Hotels.

This hotel stock zoomed 77% in 9 days; hit multi-year high on Jan 1

Shares of Asian Hotels (North) were locked in the upper circuit for the 7th straight trading day, up 5 per cent at Rs 334.35 on the BSE in Wednesday's intra-day trade.

Strong prospects, valuations to drive gains for hotel companies' stocks

Occupancy may improve by up to 5 per cent, with the average room rate growing at 7-8 per cent over three years

Hotel stocks to find suite spot in medium term despite Q1FY25 chill

Room with a view: Lemon Tree Hotels, Samhi Hotels top picks on brokerage rankings menu

Growth expectations and better margins drive gains in hotel stocks

Industry earnings and growth/recovery rates have consistently surpassed market expectations over the past six quarters

Hotel stocks rally up to 9% in weak market on hopes of strong earnings

Analysts at Emkay Global see the strength in hospitality industry sustaining in March (Q4)/June (Q1) quarter, based on their channel checks, with year-on-year (YoY) improvement in average room rates.

Juniper Hotels lists at Rs 365 against issue price of Rs 360

Juniper Hotels made a quiet debut on the bourses on Wednesday, listing at Rs 365 -- a 1.4 per cent premium over its issue price of Rs 360 per share

Reserving success: Hotel stocks thrive as demand checks in for long stay

Ride the wave of Q3FY24 strength, fuelled by rising average room rates and enhanced occupancy

Thanks to wedding season, hotel industry likely to sustain growth in H2FY24

There are likely to be 3,800,000 weddings during the ongoing season, according to the Confederation of India Traders (CAIT), which is expected to generate Rs 4.7 trillion worth of business

Hotel stocks to ride the elevator to revenue growth on room rates

Listed players hit the 'suite' spot of growth in the business segment in Q2 defying seasonality

TMS Ep536: Sports performance, Byju's media gag, hotel stocks, quantum dots

What's behind India's best ever Asian Games showing? Are policies like Byju's media gag enforceable? Will World Cup serve more gains for hotel, restaurant stocks? What are quantum dots? Answers here

Espire Hospitality plans to have 20 hotels by FY25 with Rs 560 cr capex

Espire Hospitality Group is planning to have 20 operational properties by 2024-25, with a capex of Rs 560 crore under its brands - Zana, Country Inn Express and Country Inn Premier, a top company executive said on Saturday. "Currently, we have 10 hotels in the portfolio under the 5 star luxury boutique resort brand 'ZANA - a Luxury Escapes' and the 4 star brand 'Country Inn Hotels and Resorts', with 780 keys. In this financial year, we are adding 200 more keys (3 ZANA resorts) to reach 13 operational hotels with 980 keys," Espire Hospitality Group Chief Executive Officer Akhil Arora told PTI. The capex, through in-house funding, will also be utilised in phases for renovating, leasing and upgrading the existing hotels, he added. The hospitality group, Arora said, is exploring both green-field as well as brown-field properties in leisure destinations like Goa, Uttarakhand, Rajasthan and Himachal Pradesh. "We are exploring opportunities in leisure destinations as well as tier I cities

Hotel stocks in focus; Indian, EIH, Chalet hit new highs, surge up to 7%

Growth in the industry is largely expected from domestic demand which is expected to remain strong through FY 2023-24

Lemon Tree Hotels hits 52-week high on signing agreements for 2 properties

The company said that the two additions under two diverse models aligned with their asset-light policy

Lemon Tree up 4%; hits new high on launching its first hotel in Rajkot

In past two days, the stock has surged 11 per cent after as the company launched its first property in Rajkot, and the sixth property of the group in Gujarat.

ITC board fixes share entitlement ratio at 1:10 for demerged hotels biz

Diversified entity ITC Ltd on Monday said shareholders will get one equity share of ITC Hotels for every 10 shares held in the demerged company (ITC Ltd), according to the entitlement ratio. At the board meeting of ITC Ltd held on Monday, it was decided that issuance of equity shares by the resulting company ITC Hotels Ltd to the shareholders of the demerged entity will be in the ratio of 1:10, according to a regulatory filing by the firm. The company said the scheme of demerger comprising hotels business of the demerged company into the resulting entity is on a going concern basis. Giving the rationale for the demerger, ITC said it is a diversified company engaged in various businesses including hotels. The hotels business of ITC has matured over the years and is well poised to chart its own growth path and operate as a separate listed entity in the fast-growing hospitality industry, whilst continuing to leverage ITC's institutional strengths, strong brand equity and goodwill, it

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 FY24.

Indian Hotels gains 3% to hit record high on healthy business outlook

In the past one year, IHCL has outperformed the market as shares zoomed past 75 per cent, as against a 15 per cent rise in the S&P BSE Sensex

IHCL, Kamat: Hotel stocks at 52-week high; check out the trading strategies

Shares of Kamat Hotels India are on the course to double this year, while Royal Orchid Hotels and Oriental Hotels have both gained 30 per cent each.

IHCL, IndiGo, IRCTC: Analysts bet on travel stocks ahead of holiday season

Travel/tourism-related stocks: Analysts suggest investors keep a selective 'buy on dips' strategy on the space entailing hotels, airlines, travel agents, ticket booking players, and luggage makers