Hotel stocks like most other sector stocks are in a sideways to down range. Since market does not have a strong trend, sectoral rallies are also faltering.
Coming specifically to hotel sector, most of the hotel companies have had very good quarterly results and prospects of good quarters going ahead are also strong. So they could be headed for good times in terms of results and balance sheet improvements.
Strongest stocks in the hotel sector (from among those I see off and on) are Indian hotels and Kamat hotels. As of now I don’t have any position in any hotel stock.
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