Hi @Anubhav_Garg Thanks for the kind words. I agree hotel sector does indeed seem to have a lot going for it and many of the factors seem structural in nature, so unlikely to reverse anytime soon. If the current trends continue for the next ten years, growth can continue for the next ten years. You don’t need any “new” triggers. Risks mainly are from geopolitics – war, terrorism, civil disturbance etc or a macro economic black swan event like covid, demonetization or a severe macroeconomic mismanagement by populist politicians. None of these risks should be completely written off IMHO. But my main grouse with hotel stocks is with valuations. I was late to the party and am still unable to understand how to value them, so my allocation remains low. Whether to exit or hold on – you seem to have got in at the right moment, so actually I should be asking you for advice and not the other way round! 
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