India, Jan. 21 -- India's Hotels & Resorts sector thrives amid booming domestic tourism and rising demand. In FY2025, room inventory hit around 2.03 lakh, up from 1.88 lakh prior, with occupancy nearing 71% and ADR climbing to Rs 8,000. Revenue expanded to roughly Rs 906 billion, fueled by 10.5% CAGR growth, as demand outpaced supply driving RevPAR to Rs 5,680. This positions the sector for sustained momentum.

With a market capitalisation of Rs 10,639.87 crore, the shares of Lemon Tree Hotels Ltd closed at Rs 134.30 per share, decreasing around 0.96 percent as compared to the previous closing price of Rs 135.60 apiece.

Brokerage Recommendation ICICI Direct turned bullish on the hotel stock, issuing a 'Buy' recommendation with a target p...