Thirty years back in 1994, when the Indian market witnessed the primary round of bull run after the Harshad Mehta rip-off, the sector which was on high gainer list was the hotel sector. In those days, the logic given in the brokerage research reviews, which used to come back out very infrequently and had been miniscule in numbers, was that because the Indian financial system opens up, more foreign enterprise travellers could be coming to India. That will lead to larger occupancy and it isn’t easy to set up a 5 star hotel so the demand provide equation would be of their favour. The question is are the valuations low-cost, surely not, but is the growth more probably to be stronger and stable? We take a glance at 7 shares, some of which are not rated, but their over score is constructive to impartial. At HotelNewsAsia.com, our mission is to keep you abreast of the newest tendencies, improvements, and happenings within the Asian hotel industry.
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