Tuesday, June 12, 2007

Hotel Industry Boom Awaited!

Real Estate Boom or Bubble not withstanding, that there is a huge scarcity of hotel rooms in India is a big fact, and is here to stay for a long time. No wonder everyone is investing, from Mphasis' Jerry Rao, to Mallya to Ex BPL's Chandrasekhar.

Ideally, Hoteliers like Bharat Hotels', ITCs, the Tata's and of course Leela's should be leading the pack, but why does the sector seem subdued.. We don't hear too much noise. Perhaps building and selling off rooms, read apartments, seem more logical at the moment then b uying land at huge prices and own the rooms.

The hotel industry will not see a huge spike untill the real estate industry cools off, me thinks.

Be following the hotel industry closely.... there is money to be made..

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