Fortune favours the flexible: why investors are betting on Indian Hotels, EIH, Lemon Tree et al.
Synopsis
After being battered by prolonged lockdowns and other challenges, the hotel industry seems to be clawing back to profitability. Several key operating metrics are now ahead of the pre-pandemic levels. While the recovery has been sharper than expected, companies will have to stay as flexible as they were during the post-pandemic months to maintain the growth momentum.
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