External broker reports(aggregated public sources), Nirmal Bang

Nirmal Bang

External broker reports(aggregated public sources)

A Relationship Beyond Broking

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

Thematic (Sector/Industry)

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<li>IHCL: IHCL has a total of 19,417 rooms (as per its FY21 annual report) across four brands.</li>
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<li>Chalet: Chalet has 2,554 owned rooms (as per FY21 annual report).</li>
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<li>EIH Ltd: EIH Ltd has a total of 4,572 rooms (as per FY21 annual report).</li>
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<p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>






IHCL: IHCL has a total of 19,417 rooms (as per its FY21 annual report) across four brands.





Chalet: Chalet has 2,554 owned rooms (as per FY21 annual report).






EIH Ltd: EIH Ltd has a total of 4,572 rooms (as per FY21 annual report).












Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Hospitality Sector: Leisure Demand Remains Strong; Corporate Travel Rebounds

<ul><li>In 4QFY22, we expect the Hotel sector to report healthy improvement in RevPAR post the third covid wave, supported by: (a) leisure travel (b) festive and wedding season (c) MICE events and (d) corporate travel.</li><li>Post the Omicron wave, there has been a steady increase in corporate travel, with easing of regulatory restrictions.</li><li>Leisure travel continues to be strong due to vacations, staycations and weddings etc.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

In 4QFY22, we expect the Hotel sector to report healthy improvement in RevPAR post the third covid wave, supported by: (a) leisure travel (b) festive and wedding season (c) MICE events and (d) corporate travel.Post the Omicron wave, there has been a steady increase in corporate travel, with easing of regulatory restrictions.Leisure travel continues to be strong due to vacations, staycations and weddings etc.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Hospitality and Logistics: Leisure Demand Remains Strong; Corporate Travel Rebounds

India

Chalet Hotels Limited is an owner, developer, and asset manager of upscale-to-luxury hotels and resorts across major Indian metropolitan areas. The company also operates through an integrated business model that co-locates hospitality assets with commercial spaces. Its portfolio includes branded hotels operated under global franchises such as JW Marriott, Westin, Marriott, and Novotel. Chalet Hotels is headquartered in Mumbai, India, and was founded in 1986.

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Chalet Hotels (CHALET IN)

Hospitality Sector: Leisure Demand Remains Strong; Corporate Travel Rebounds

The Hospitality sector has shown healthy improvement in RevPar post the third covid wave; Post the Omicron wave, there has been a steady increase...

Nirmal Bang

Hospitality and Logistics: Leisure Demand Remains Strong; Corporate Travel Rebounds

In 4QFY22, we expect the Hotel sector to report healthy improvement in RevPAR post the third covid wave, supported by: (a) leisure travel (b)...

Nirmal Bang

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