Moneycontrol News
A favourable domestic demand-supply situation aided the performance of hotel companies in a seasonally weak Q2 FY19. Hotels in the country saw higher occupancy rates in the quarter ended September.
With limited rooms entering the system and sustained uptick in demand, the room rates improved enabling an uptick in RevPARs (revenue per available room) across companies.
Sakshi Batra does a 3 point analysis of the hotels sector and identifies the stocks that could outperform peers in the upcoming quarter.
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