Pilgrimage travel in India is thriving with a surge in demand for destinations like Ayodhya, Varanasi, and Char Dham circuit. Thomas Cook reports a 100% increase in bookings, while Sarovar Hotels sees significant revenue contribution from religious locations like Badrinath, Haridwar, and Tirupati.
Power Grid has been maintaining its bullish trajectory, with prices staying within an upward channel and consistently achieving higher highs on daily and weekly charts, said SMC Global.
For two years now, hospitality firms have had a good run. Hotel rates have shot up and occupancies have normalized to a higher level than before the covid. But we know that past performance isn’t an assurance of future results. What can keep the sector’s operating performance healthy, going ahead?
Lemon Tree Hotels Share Price | "We are very pleased to start FY25 on a high note, with both the launch of our first hotel in Nepal - Lemon Tree Premier, Budhanilkantha, Kathmandu, and also crossing the 10,000 room mark," Patanjali Keswani, Chairman and Managing Director, Lemon Tree Hotels, said.
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