Hospitality Sector poised for recovery in 2QFY25; Lemon Tree could rally 30% in 1 year

September 8, 2024

The Indian hospitality industry is expected to recover significantly in 2QFY25 after a weak 1QFY25, with RevPAR projected to rise 9-11% YoY. Key drivers include pent-up demand, higher occupancy, and robust expansion by major players like Indian Hotels and Lemon Tree Hotels.

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