Mumbai, Sept. 8 -- Hospitality stocks have had a checkered 2025. Most hotel stocks have eroded investor wealth, lagging their 52-week highs, as weak demand and earnings disappointments clipped growth.

Shares of EIH, Westlife Food, Indian Hotels Co, Jubilant FoodWorks, Specialty Restaurants, ITDC, Juniper Hotels, and The Byke Hospitality have slipped 3-28% in 2025 so far.

Though Kamat Hotels, Taj GVK, Lemon Tree, Samhi Hotels, and Chalet Hotels have managed gains of 3-31% over the same period, all of these are lagging their 52-week highs by a steep 8-126%, showed Capitaline data.

The fact that hotel stocks are far from their 52-week highs reflects the current softness in demand, said Prashant Biyani, vice-president of Institutional Equi...