Hospitality sector poised for recovery in 2QFY25; Lemon Tree could rally 30% in 1 year
The Indian hospitality industry is poised for a significant recovery in 2QFY25, following a subdued 1QFY25 that was hampered by transient factors like general elections, intense heat waves, and fewer auspicious wedding days. According to data from HVS Anarock, the industryβs RevPAR (Revenue per Available Room) remained flat YoY in 1QFY25. This was due to…
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