|
Feb 13
|
|
—
|
LONG
|
Puneet Chhatwal
CEO, Indian Hotels Company
|
Demand is outpacing supply in the Indian hospitality sector. Room rates for summits are hitting $30,000. The company reported a net income beat and is expanding its "Ginger" budget brand to 250 hotels. High disposable income, spiritual tourism, and government infrastructure spending (airports) are creating a structural tailwind for Indian travel. The company has pricing power (double-digit rate growth). LONG Indian Hospitality. A slowdown in the broader Indian economy or a resurgence of travel restrictions. |
Bloomberg Markets
How AI Is Proving to Be a Double-Edged Sword ...
|