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VERIFIEDET Markets·neutral

IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet Chhatwal

AI Summary
  • ·IHCL expects its Dubai hotels to take a year to recover due to the Middle East crisis.
  • ·Domestic demand for IHCL's hotels remains strong.
  • ·The company is targeting 12-14% topline growth driven by its management fee business and new hotel openings.
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