Tata Group’s hotel stocks have outperformed other companies listed on the domestic stock market in the last year, providing investors with the highest returns. The three hotels listed in the domestic market include Indian Hotels, Oriental Hotels, and Benares Hotels, which have provided investors with the strongest returns in the past year. Additionally, Tejas Networks has provided the highest returns in the same period. The surge in these stocks occurred at a time when the IT company Tata Consultancy Services (TCS) and Tata Power, Tata Elxsi, and Voltas have weakened by more than 3%, 8%, 11%, and 21%, respectively.

Investors have earned over 107% on Benares Hotels’ shares in the past year, while Indian Hotels’ shares have surged by 69%, and Oriental Hotels’ shares have risen by 53%. The surge in these stocks is expected to continue as the upcoming IPL and ICC Cricket World Cup will provide support to the sector. Additionally, the festive season is expected to support growth in the travel sector.

According to JP Morgan, Indian Hotels’ revenue per available room (RevPAR) could increase by 10% or more in the financial year 2024. In a recent interview with CNBC-TV18, Indian Hotels’ MD and CEO, Puneet Chhatwal, expressed similar views on the hotel sector’s potential.

In conclusion, Tata Group’s hotel stocks have outperformed other companies listed on the domestic stock market in the past year. Investors can expect the trend to continue as the upcoming sporting events and festive season are likely to support the sector’s growth.

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