Hospitality Sector Earnings Preview - Leisure Demand To The Rescue In Q4: Nirmal Bang
Guests sit in the lounge area a hotel. (Photographer: Krisztian Bocsi/Bloomberg)  

Hospitality Sector Earnings Preview - Leisure Demand To The Rescue In Q4: Nirmal Bang

BQ Blue’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 BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

Q4 FY21 was operationally better for hotels in terms of room revenues and food and beverages business compared to Q3 FY21 and nine months FY21.

Since international travel, corporate travel and meetings, incentives, conferences and exhibitions have not yet resumed, we expect the revenue per available room (RevPar) to be lower YoY.

Some of the loss of international demand is expected to be substituted by staycation demand, uptake in domestic travel to leisure destinations and luxury destinations.

Our interactions with experts suggest that certain leisure properties are performing better and drawing higher RevPar compared to the RevPar they used to draw in the pre-Covid-19 times.

Click on the attachment to read the full report:

Nirmal Bang Hospitality Sector-Q4FY21 Result Preview- 8 April 2021.pdf


This report is authored by an external party. BloombergQuint 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 BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.