scorecardresearchIndian Hotels and Lemon Tree among Sharekhan's top picks in hotel space; check details

Indian Hotels and Lemon Tree among Sharekhan's top picks in hotel space; check details

Updated: 26 Apr 2023, 02:19 PM IST
TL;DR.

Sharekhan expects hotels to deliver strong performance in Q4FY23 and the upcycle is expected to last for 4-5 years. In this space, it prefers companies with an asset-light model, aggressive room addition, and strong cash flow generation. Here are the top picks: