Hotel stocks in limelight on ahead of opening up economy

Hotel stocks are witnessing fresh buying. Traders and investors are now increasingly waking up to realise that economy may finally open and as estimated by various pundits, India will be fully vaccinated by December 2021. There is wide speculation that by the end of the year, all those hotels that are struggling to do business in the wake of the pandemic will be full by the year-end. Indian Hotel surged by 6% to Rs156. EIH and Chalet Hotel gained 2% each. Expects positive for Burger King, PVR, Jubliant Food, Specialty Restaurant