New Delhi, Oct. 8 -- Hotel stocks could remain in focus ahead of the Diwali and holiday season, with JM Financial maintaining a constructive view on the sector on the back of resilient domestic travel demand, favourable demand-supply dynamics and sustained pricing power.

According to the brokerage, the hotel industry's RevPAR (revenue per available room) is expected to grow 12-13% year-on-year in Q2 FY27, extending the momentum seen in the previous quarter. The growth is expected to be driven by resilient discretionary spending on leisure, staycations and social events, along with robust MICE demand and sustained corporate travel.

JM Financial's channel checks suggest that Delhi-NCR could emerge as the standout market in Q2 FY27, suppor...