Travel and tourism may contribute Rs. 16.5 L crore to Indian economy in 2023.
Sector to grow at double the rate of India's GDP in the next 10 years as per report.
- As per World Travel & Tourism Council (WTCC)
*Focus share*:
Indian hotel: Although non stop running in last few months. All time high trading now
Lemon tree: Aggressive expansion, increased CAPEX
Ease my trip
EIH
Taj GVK
Chalet Hotels
Royal Orchid hotels: All time high trading now
Rate gain:
Mahindra Holiday
Kamat Hotel: All time high trading now
Although all hotel and tourism shares are in small cap except Indian hotels
