IHCL, IndiGo, IRCTC: Analysts bet on travel stocks ahead of holiday season

Travel/tourism-related stocks: Analysts suggest investors keep a selective 'buy on dips' strategy on the space entailing hotels, airlines, travel agents, ticket booking players, and luggage makers

An impressive recovery in the domestic travel and tourism business after the pandemic lull has brightened prospects of related stocks, which remain good bets ahead of the summer holiday season, as per analysts. 

They suggest investors keep a selective ‘buy on dips’ strategy on the space entailing hotels, airlines, travel agents, ticket booking players, and luggage makers. 

“Growth momentum in the travel industry will continue ahead owing to the sugar rush in leisure and corporate travel, upcoming holidays, wedding season, the G20 summit, and boost from international travel. The occupancy picture, especially, for hotels and flights appears very promising. Investors