EIH Limited has reported strong Q2 results, with double-digit growth in revenue per available room (RevPAR) due to increased occupancies and average room rates. The company's performance reflects high demand and a positive industry outlook.
The medium-term forecast is optimistic, with demand expected to exceed supply. EIH Limited also has a strong pipeline of inventory additions, which will further enhance its market position.
Although current valuations are considered high, the overall sentiment is positive for the hotel stock.