Quote on Reasons and Outlook on the Hospitality Industry By Dr. V K Vijayakumar, Geojit Financial
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Quote on Reasons and Outlook on the Hospitality Industry By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"The strong growth momentum in the economy and the return of business travel along with rebound in vacationing is boosting the hospitality industry. Leading indicators suggest that this trend is likely to continue.
The outperformance of hotel stocks has negatively impacted the performance of large-cap funds which have very low weightage in hotel stocks and high weightage in stocks like HDFC bank and Infosys which have delivered negative returns during the last 12 months."
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