After a slow first quarter in FY25, the sector, led by branded hotels, is benefiting from rising demand and limited supply, resulting in healthy occupancy rates and increasing average room rates. The average returns of the top five players by market capitalization are 5x those of the Nifty 50 over the past year.
Analysts will focus on the performance in the seasonally strong Q3FY25 and the guidance for FY25. Analysts at Motilal Oswal Research expect the sector to see growth in Q3, driven by activity in MICE, supported by a strong wedding season (33 per cent more auspicious dates year-on-year/Y-o-Y in Q3).
The brokerage expects key hospitality players to see revenue per available room (RevPAR) growth of 10-12 per cent Y-o-Y in Q3, primarily due to increases in average room rates, which are projected to rise by 8-10 per cent Y-o-Y. This follows a recovery, as RevPAR increased in the low single digits during the first half (H1) of FY25.
Bu hikaye Business Standard dergisinin December 30, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin December 30, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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