JM Financial sees 12%-13% RevPAR growth for hotel sector
In short
JM Financial expects hotel revenue per available room to rise 12% to 13% year-on-year in Q2 FY27. It says Leela could lead same-store growth at 15% to 16%, and it likes Leela, Lemon Tree and ITC Hotels.
This matters for hotel stocks because stronger demand could help earnings. The report does not say whether the view changes any target price or rating.
What the reporting says
JM Financial expects hotel-sector RevPAR to grow 12% to 13% year-on-year in Q2 FY27, according to a publisher summary of its note. The broker says leisure, corporate and event demand should support the growth, and it favors Leela, Lemon Tree and ITC Hotels. It also forecasts Leela to lead same-store growth at 15% to 16%, though the report does not give a date for any stock move or upgrade.
Why it matters
JM Financial is said to expect hotel-sector RevPAR growth of 12% to 13% year-on-year in Q2 FY27, supported by leisure, corporate and event demand. Its preferred names are Leela, Lemon Tree and ITC Hotels, with Leela projected to lead same-store growth at 15% to 16%. The note points to a favorable demand backdrop for hotel shares, but no specific valuation or rating change is stated.