India, Nov. 6 -- Synopsis: The hospitality major delivered steady revenue growth despite profit pressure. Strong network expansion and rising foreign tourist demand support optimism. Diversified businesses, new hotel signings, and healthy margins in key segments position it well for sustained growth, aligning with bullish brokerage views.

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India's Hotels & Resorts sector is riding a strong upcycle, with nationwide occupancy around 64-68% and ADR near Rs 7,800-8,055, lifting RevPAR to roughly Rs 5,000-5,439 in 2024-25. Market revenue is projected near US$11.3-24.2 billion for hotels in 2025, underpinned by 99.5 lakh foreign tourist arrivals in 2024 and robust domestic demand.

With a market capitalization of Rs 1,01,896.4...