Historically, listed players have done well versus the industry due to their superior brand positioning, pricing power, S&M engine, and execution skillset. However, as the smaller/unorganized/unlisted/presented players catch up we expect listed companies' performance to be at par/lag industry average.
NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
The hospitality industry experienced robust growth during FY23-FY25E. Stock prices and valuations broadly capture this optimism. However, maintaining RevPAR growth in FY26 (projected at mid-to-high single-digit) will be crucial for sustaining current positivity, especially as growth starts to moderate on a high base, supply starts catching up, and broader economic uncertainty (both domestic and more importantly global) poses a key risk in our view.
The impact of heatwaves and an extended summer in Q1 FY26 could lead to softer demand, particularly in leisure travel, affecting occupancy rates. While corporate and business travel may provide some stability, transient travel patterns could see a temporary dip.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
