Hotel chains boost capex for property upgrades

Hotel chains boost capex for property upgrades. Major players are increasing capital expenditure to redevelop landmark properties, aiming to enhance guest experience and boost occupancy. Upgrades at key hotels in metro cities expected to cost ₹800 crore collectively over next 2 years. This move signals confidence in domestic travel recovery.

📊 STOCKS: | 🏢 SECTOR: Realty | #MEDIUMIMPACT #capex