@niteen_india He could calc his hotel valuation in following way ...

25000 rooms @ Rs 2 crore per room = Rs 50000 cr
400 restaurants @ Rs 5 /10 crore = Rs 3000 crores

+ Banquet halls + Gym + Store space + commission business

The US averaged over 2 million airline travelers a day over the last week for the first time since March 7, 2020.

We're now only 21% below pre-covid airline travel levels and closing the gap fast. With business travel accounting for roughly 12% of total airline travel, we may not see a full recovery until businesses resume their pre-covid travel routine (which may not happen).

Puneet Chhatwal, MD & CEO Indian Hotels, in the analyst conference call:
"Hotel is a cyclical business. It should not be bought at the top of the cycle and not be sold at the bottom of the cycle."

<> 🙂