Sir what metrics do you use to value Hotel sector , as it is a cyclical sector i use P/S to value them, please correct me if i am wrong.
My understanding of Hotel sector- capex done by many big players like- Chalet, Indian Hotel, Lemon Tree, Praveg etc and all going to be live soon in FY25 end or from FY26,so there is a growth ahead in Hotel industry,my concern here is of over-capacity, how do you think of it?
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