Synopsis
We can debate whether, after the run-up that hotel stocks saw in the past four years, they are still cheap. And whether you should buy them now. But when it comes to the larger tourism industry ecosystem, there should be no debate. There is a strong possibility that companies here will grow at a much faster rate than other sectors. Now, is it wise to buy just one set of stocks, say, hotels? Perhaps not. For one, there is the business risk that segment may be prone to. More importantly, there are many sub-segments in the tourism business and you will miss out on all the others.
With the holiday season over, a look at any segment of the hospitality industry will reveal how things panned out for all the players in the sector, both in terms of volume and value. They have all witnessed growth. And the numbers will attest to this when the Q3 results roll out in the coming weeks. Now the question is: Should you stay with one or two stocks or a set of stocks? The answer goes in favour of the second option. The reason, for
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