Mideast Tension se Hotels Ka Business Down?
Haan bhai, West Asia mein jo chal raha hai na, uska asar ab hamare hotels par bhi dikh raha hai. April ke liye international bookings mein acchi khaasi kami aayi hai. Luxury hotels jo pehle 50-55% international guests par depend karte the, ab unko badi tension ho gayi hai. Delhi aur Mumbai jaise shehron mein toh cancellations bhi dekhe gaye hain, khaas kar American aur European guests se. Bengaluru ke travel agents toh keh rahe hain ki April ki international bookings toh 50% tak kam ho gayi hain. Kuch events bhi postpone ho gaye hain, jisse aur nuksaan ho raha hai. Travel ki planning change ho rahi hai, log travel karne se bach rahe hain.
Par Ek Good News Bhi Hai!
Acha, toh kya sab khatam? Nahi! Yahan par hamara apna India bachane aaya hai. Hotels ka 85% se zyada business toh apne desh ke logon se hi aata hai. Ye domestic leisure aur business travel hi hamare hotels ka backbone hai, aur ye abhi bhi bahut strong hai. Lemon Tree Hotels jaise companies, jo zyada tar domestic clients par focus karte hain, unko iska fayda mil raha hai. Corporate travel bhi thoda cautious hai, par experts keh rahe hain ki 2026 tak 72% corporate trips domestic hi hongi aur 65% companies zyada travel plan kar rahi hain. Toh do tarah ka market hai, jo sirf international pe hai woh phas raha hai, par jo domestic pe hai woh safe hai.
Future Outlook Aur Stock Ka Kya Scene Hai?
Long term ki baat karein toh analysts abhi bhi kafi positive hain. FY26 ke liye revenue growth 9-12% tak rehne ki ummeed hai. Premium hotels mein occupancy rate 72-74% tak pahunch sakta hai, aur average room rates (ARRs) bhi badhkar ₹8,200 se ₹8,500 ho sakte hain. Indian Hotels Company (Taj) ki market cap ₹84,089 Cr hai (P/E ~41.90), Lemon Tree Hotels ₹8,307 Cr (P/E ~37.72), Royal Orchid Hotels ₹749 Cr (P/E ~20.0), aur ITC Hotels ₹29,537 Cr (P/E ~38.96). Haan, kuch stocks ne geopolitical fears ki wajah se recent dip dikhaya hai, par domestic demand aur expansion plans ki wajah se long-term prospects achhe hain. Analysts ne toh Indian Hotels Company ke liye 'Buy' ratings di hain aur price targets bhi set kiye hain. Agar Mideast conflict April mein control mein aa gaya, toh bookings jaldi hi recover ho sakti hain.