<ul><li>Dolat Capital expects the hospitality industry to achieve its 12th consecutive quarter of low-to mid double-digit RevPAR growth.</li><li>Listed players in the industry have historically performed well due to superior brand positioning, pricing power, S&M engine, and execution skillset.</li><li>As smaller/unorganized/unlisted/presented players catch up, Dolat Capital predicts listed companies' performance to be at par/lag the industry average.</li><li>Mahindra Holidays and Lemon Tree are identified as well-positioned in the hospitality space, offering risk-reward over the medium term, with Lemon Tree among the top picks.</li></ul>

Hotels Q4 Results Preview: RevPAR Growth Sustainability Key, Says Dolat Capital; Lemon Tree Among Top Picks

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