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Hotels sector records healthy growth in Q1, offers strong outlook for H2: Jefferies

In 1Q, Indian hotels sector continued to witness healthy YoY growth in RevPAR though it declined QoQ due to seasonality. According to Jefferies managements are confident on ongoing rate upcycle lasting for next few years and also expect FY24 RevPAR growth at double digit.

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​ In 1Q, Indian hotels sector continued to witness healthy YoY growth in RevPAR though it declined QoQ due to seasonality. According to Jefferies managements are confident on ongoing rate upcycle lasting for next few years and also expect FY24 RevPAR growth at double digit. In 1Q, Indian hotels sector continued to witness healthy YoY growth in RevPAR though it declined QoQ due to seasonality. According to Jefferies managements are confident on ongoing rate upcycle lasting for next few years and also expect FY24 RevPAR growth at double digit.  Moneycontrol Latest News Read More  

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