{"id":75924,"date":"2022-12-01T16:42:00","date_gmt":"2022-12-01T11:12:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=75924"},"modified":"2022-12-01T16:39:20","modified_gmt":"2022-12-01T11:09:20","slug":"3-multibagger-hospitality-stocks-trade-near-52-week-high-as-wedding-season-arrives","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/3-multibagger-hospitality-stocks-trade-near-52-week-high-as-wedding-season-arrives\/","title":{"rendered":"3 Multibagger Hospitality stocks trade near 52-week high as wedding season arrives"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1842155475\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The hospitality industry is booming in India. The industry was struggling from the pandemic during the same quarter last year. However, the sector continued to post strong yearly growth in the third quarter of the 2022 calendar year due to festivals, weddings and increased corporate travel.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-544255175\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Motilal Oswal Financial Services said in its hotel sector update said that the hotel occupancy rate is expected to improve on the back of strong demand drivers such as wedding season, G20 summit meetings, and the resumption of foreign inbound travel. It added that the average room rent (ARR) is expected to continue increasing, thereby boosting Revenue per available room (RevPAR).&nbsp;<\/p><p>Many Indian hotel companies have also changed their profit strategies. Many of them have become asset-light by selling some properties, reducing debt or combining owned and managed hotels.&nbsp;<\/p><p>Here are three hotel stocks that gave multibagger returns in the past year:&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3575845214\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\" id=\"h-lemon-tree-hotels-ltd\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/LEMONTREE\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Lemon Tree Hotels Ltd\u00a0<\/a><\/strong><\/h4><p>It is one of the largest mid-priced and third-largest overall hotel chains in India. The company announced that it had signed a licence agreement for a 42-room property in Jamshedpur, Jharkhand, earlier this week. It has also signed another licence agreement for a 42-room property in a 42-room hotel in Tezpur, Assam, earlier this month.&nbsp;<\/p><p>The company\u2019s shares reached a fresh 52-week high of \u20b9 102.50 on Wednesday after it surged more than 8% during intra-day trades. It saw a spurt in trading volumes and the number of shares changing hands on exchanges jumped by more than 2.28 times. On Thursday, its shares were trading at \u20b9 98 levels.&nbsp;<\/p><p>Lemon Tree Hotels\u2019 shares have given multibagger returns of 119.24% in the past year. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares a year ago, the value of their holdings would have been 2.19 lakhs today.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ORIENTHOT\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Oriental Hotels Ltd\u00a0<\/a><\/strong><\/h4><p>The company primarily owns, operates and manages hotels, palaces and resorts. It operates its brands under the IHCL brands of Taj and has a portfolio of 7 hotels with 825 rooms and 42 suites.&nbsp;<\/p><p>The share price of Oriental hotels surged more than 6% on Wednesday to reach a 52-week high of \u20b9 88.20 apiece on the National Stock Exchange (NSE). More than 39 lakh shares changed hands on the exchange. They were trading at \u20b9 84.20 levels on Thursday.<\/p><p>Its shares have given multibagger returns of 139.38% in the past year. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares a year ago, the value of their holdings would have been 2.39 lakhs today.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-206060936\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ROHLTD\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Royal Orchid Hotels Ltd\u00a0<\/a><\/strong><\/h4><p>This hotel company is one of India&#8217;s fastest-growing hospitality brands, managing a portfolio of over 3920 guest rooms across 58 hotels &amp; resorts across 38 cities across the country.&nbsp;<\/p><p>Its shares were trading at \u20b9 300 apiece (up 0.27%), on Thursday. The company has given multibagger returns of 283.46% in the past year. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares a year ago, the value of their holdings would have been \u20b9 3.83 lakhs today.&nbsp;<\/p><p>A few other stocks that gained notably were Taj GVK Hotels &amp; Resorts Limited, up 71.30% and Indian Hotels Company Ltd, up 78.44% in the past year.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna\u00a0<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-853773614\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The hospitality industry is booming in India. The industry was struggling from the pandemic during the same quarter last year. However, the sector continued to post strong yearly growth in the third quarter of the 2022 calendar year due to festivals, weddings and increased corporate travel.&nbsp; Motilal Oswal Financial Services said in its hotel sector [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[3256,3854,5242,3851,5244,5245,948,936,3852,5246],"class_list":["post-75924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-52-week-high","tag-52-week-high-stocks","tag-hospitality-stocks","tag-largecap-stocks-at-52-week-high","tag-lemon-tree-hotels-share-price","tag-lemon-tree-hotels-targets","tag-stock-market","tag-stock-market-news","tag-stocks-at-52-week-high","tag-stocks-near-52-week-high"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>3 Multibagger Hospitality stocks trade near 52-week high as wedding season arrives - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/3-multibagger-hospitality-stocks-trade-near-52-week-high-as-wedding-season-arrives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Multibagger Hospitality stocks trade near 52-week high as wedding season arrives\" \/>\n<meta property=\"og:description\" content=\"The hospitality industry is booming in India. The industry was struggling from the pandemic during the same quarter last year. However, the sector continued to post strong yearly growth in the third quarter of the 2022 calendar year due to festivals, weddings and increased corporate travel.&nbsp; Motilal Oswal Financial Services said in its hotel sector [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/3-multibagger-hospitality-stocks-trade-near-52-week-high-as-wedding-season-arrives\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-01T11:12:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Hotel-reception-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Hotel-reception-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/3-multibagger-hospitality-stocks-trade-near-52-week-high-as-wedding-season-arrives\/\",\"url\":\"https:\/\/tradebrains.in\/features\/3-multibagger-hospitality-stocks-trade-near-52-week-high-as-wedding-season-arrives\/\",\"name\":\"3 Multibagger Hospitality stocks trade near 52-week high as wedding season arrives - 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