The hospitality sector has seen increased demand and occupancy rates post Covid-induced business conditions, resulting in an increase in average room rates (ARR). However, with a balance of supply and demand, a significant increase in ARR may be challenging. Despite this, there is an expectation of some increase given the current demand. The industry's stocks have already surged in anticipation of this, posing a puzzle for sustained outperformance. The CEO of Marriott International foresees immense visibility for the sector for the next two to three years.