Q2 Result Review: Hotel sector maintains momentum in Q2FY24 with strong RevPar growth, says Nuvama; Lemon Tree top pick
Q2FY24 saw strong growth in the hotel industry with all major companies reporting revenue per available room (RevPar) growth of 15%+ YoY. Premium segment-focused companies, such as IHCL, EIH, and Chalet, outperformed the sector, driven by revenue growth and improved margins, says Nuvama.
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