Indian Hotels - Faster Demand Revival To Aid Performance: Motilal Oswal
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Motilal Oswal Report
The Indian Hotels Company Ltd. offers a fusion of warm Indian hospitality and worldclass service across four continents, 12 countries, and in over 80 locations.
It manages a portfolio of hotels, resorts, jungle safaris, palaces, spas, and in flight catering services.
Faster demand revival in the leisure travel segment has aided Indian Hotel's performance in FY21.
The industry is expected to project accelerated growth in H2 FY22 across domestic and international hotels.
Current demand from the leisure segment is high, while corporate bookings are also gradually picking up, leading to higher bookings in Ginger Hotels.
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