The hotel industry upcycle is likely to sustain over the medium term as demand is expected to outpace supply. Tie up with globally renowned investor GIC would enhance growth prospects especially in capital intensive upscale and above hotels. Balance sheet deleveraging post GIC tie up also positions SAMHI to tap the growth opportunities in the hotel space and ride the industry upcycle.
first published: May 2, 2025 11:35 am
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