Hotel sector witnessing not just a cyclical but a structural story: Ashish Jakhanwala, SAMHI Hotels

This time what you are seeing for the hotel sector is not cyclical, it is structural. It is basically demand-supply 101. If you look for the last several years, the demand has been growing between 8% to 12% and you can see it in airlines, office space, travel and tourism. The hotel supply is growing between 2% to 6%, not a surprise because the hotel industry in India has now evolved from being 50,000 rooms in 2008 to about 150,000 to 200,000 rooms right now.

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