Hotel stocks could benefit from India's booming tourism demand: Porinju Veliyath

Last Updated: May 12, 2025, 09:22:00 AM IST

Synopsis

Porinju Veliyath of Equity Intelligence India notes the important maturation imaginable successful India's question and tourism sector, citing precocious request and proviso shortages, peculiarly successful five-star hotels. Despite earlier pressures, Ixigo's banal show has been resilient, attracting Veliyath's attraction arsenic a imaginable concern opportunity, though helium clarifies helium is not presently invested.

"Ixigo did not spell down overmuch adjacent though it had a large unit earlier and has travel up. I was conscionable looking astatine this banal for investment. I americium not invested into the banal for information," says Porinju Veliyath, Equity Intelligence India.

You person invested successful stocks similar Ixigo. These are travel and tourism stocks. You person invested it successful immoderate smaller hotel stocks arsenic well. Could they spot immoderate comeback and normalisation could hap to immoderate of these stocks due to the fact that that was 1 pouch which was nether stress.
Porinju Veliyath: Definitely, yes. There was a large fearfulness origin erstwhile each these things person been happening. See, marketplace bash not similar the uncertainties arsenic you cognize it. And determination is successful the mean economical governmental conditions India has a immense demand, a highly increasing request for the question and tourism of astir each the segments of question and tourism and determination is simply a shortage of proviso successful galore pockets similar the five-star hotels successful immoderate cities and batch of shortage is besides there, truthful that is wherefore this pricing powerfulness and determination is large maturation up for tourism successful a large mode and travel.

So, Ixigo did not spell down overmuch adjacent though it had a large unit earlier and has travel up. I was conscionable looking astatine this banal for investment. I americium not invested into the banal for information.

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