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Cherry-pick travel stocks ahead of holiday season

Business Standard

|

March 28, 2025

Investors prefer hotel, aviation scrips to travel aggregators: Analysts

- NIKITA VASHISHT

Cherry-pick travel stocks ahead of holiday season

The travel and tourism sector has been thriving after Indians began indulging in "revenge travel" in the wake of the Covid-19 pandemic. According to the World Travel & Tourism Council's (WTTC's) 2024 Economic Impact Research (EIR) report, India's travel and tourism sector contributed over ₹19.13 trillion to gross domestic product (GDP) in 2024, up 10 per cent from the 2019 level. This is expected to reach ₹43.25 trillion by 2034.

On the bourses, related stocks such as Indian Hotels (up 1,102 per cent), Lemon Tree (732 per cent), EIH Ltd (528 per cent), IndiGo (478 per cent), and Safari Industries (867 per cent) have proved to be multi-baggers for investors since their respective lows in March 2020.

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