Research Reports'Buy' Lemon Tree, Chalet Among Others Lists Yes Securities In Hospitality Sector; Q2 Results Preview
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'Buy' Lemon Tree, Chalet Among Others Lists Yes Securities In Hospitality Sector; Q2 Results Preview
Yes Securities maintains its positive view on the Indian Hospitality industry and remain constructive on the sustainable industry upcycle
with favorable demand-supply scenario till FY29.
Hospitality companies which have done incremental inventory addition over past year are expected to deliver better revenue growth in Q2. (Photo Source: pexels Vinod)
Going forward, the brokerage expects revival in occupancies along with sustained average room rates, supported by higher MICE activity, spike in domestic leisure travel and rebound in FTAs. Lower festive days in Q3, marked by preponed Diwali Season should support domestic travel.