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.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate
December 8, 2025