As India’s hospitality sector stages a powerful comeback, hotel stocks have emerged as hot investment tickets for those eyeing long-term growth. Pre and Post Covid, the growth of the hotel industry got stunted, the industry’s growth is back on track now that the pandemic has ended. There is a significant rise in domestic travel. Foreign tourists are visiting again. Government initiatives like Dekho Apna Desh are encouraging Indians to explore their own country. All of these factors are promising growth of the country’s hotel industry—a sector poised to grow exponentially.
For investors, this is more than just a retracement story and an opportunity to tap into a sector brimming with potential. To help you navigate this space, IPO Central has rounded up the Top 10 best hotel stocks that stand out for their performance metrics—think Return on Capital Employed (ROCE), revenue growth, and Price-to-Earnings (PE) ratio. Let’s check out the list.
1. Chalet Hotels – First in Best Hotel Stocks
Chalet Hotels is an Indian hotel chain company founded in 1986 and is part of K Raheja Corp, the company has gained a solid reputation in the premium hospitality space. The company is known for its premium properties in bustling urban centres, The Chalet Hotel is a promising play for those seeking consistent growth. It’s not just the financials that stand out—Chalet’s eco-friendly initiatives and green certifications make it a magnet for sustainability-minded investors. The focus on catering to business travellers and upscale clientele has been a winning strategy, keeping this stock a step ahead of competitors.
Revenue- INR 1,417 crore
Net income – INR 278 crore
3-Year sales growth- 70.6%
ROCE- 10%
2. Jungle Camps – Eco Tourism Provider Among Best Hotel Stocks
Jungle Camps India – a small and niche player – has made a name for itself in the hospitality industry, focusing on both conservation and luxury. What makes Jungle Camps stand out is their commitment to eco-tourism. They offer these high-end, immersive experiences right in the heart of nature, especially near wildlife reserves. This approach has paid off, not just financially but also in establishing Jungle Camps as a go-to for those seeking memorable, eco-friendly stays.
The market’s been tough, but Jungle Camps has navigated through it with resilience and established itself among the best hotel stocks in India. Their strategy seems to be working, blending luxury with a deep respect for nature.
Revenue- INR 17.19 crore
Net income – INR 4 crore
3-Year sales growth- 86.2%
ROCE- 25.2%
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3. Advani Hotels and Resorts
Goa’s beaches are more than just tourist magnets—they’re also fueling the success of Advani Hotels and Resorts. Best known for its flagship property, Caravela Beach Resort, this company has consistently delivered stellar ROCE figures. Premium leisure destinations are Advani’s playground, and the results speak for themselves. Operational efficiency and a knack for customer delight keep this stock firmly in the spotlight.
Revenue- INR 105 crore
Net income – INR 25 crore
3-Year sales growth- 56.6%
ROCE- 48.2%
4. U P Hotels (Clarks Group of Hotels)
U. P. Hotels popularly known as Clarks Group of Hotels was incorporated on 13th February, 1961. UP Hotels is the kind of stock that grows on you. U P Hotels mainly operates in North India, the company’s portfolio includes pilgrimage and heritage destinations. This strategy guarantees a wide and consistent tourist’ visits. By offering a mix of cultural immersion and modern comforts, UP Hotels has managed to differentiate itself in hospitality industry. For investors seeking stability with a hint of local flavour, this is a name to remember.
Revenue- INR 147 crore
Net income – INR 32 crore
3-Year sales growth – 64.6%
ROCE – 30.5%
5. Benares Hotels
Benares Hotels is affiliated with the prestigious Taj Group. This hospitality player offers extensive luxury to the customers. The association with the Taj brand alone is enough to lure interest, but there’s more to this story. Focused on heritage and luxury properties, Benares Hotels has achieved steady revenue growth, buoyed by strong customer loyalty. This stock is a safe bet for those who prefer the long game with a premium touch.
Revenue- INR 121 crore
Net income – INR 36 crore
3-Year sales growth – 70.7%
ROCE – 40.6%
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6. EIH Associated Hotels
Part of the Oberoi Group, EIH Associated Hotels doesn’t just cater to travellers; it caters to lifestyles. Known for its premium service, the company has seen consistent financial growth even in volatile markets. By venturing into niche areas like eco-tourism and wellness retreats, EIH has diversified its portfolio while staying true to its luxury roots. For investors seeking innovation within the high-end segment, EIH ticks all the boxes.
Revenue- INR 385 crore
Net income – INR 81 crore
3-Year sales growth – 56.0%
ROCE – 25.1%
7. Royal Orchid Hotels
Business or leisure? Royal Orchid Hotels caters to both. Its diversified portfolio—spread across metropolitan hubs and smaller cities—has helped the company achieve strong ROCE and revenue growth. What really sets Royal Orchid apart, though, is its focus on the MICE segment (Meetings, Incentives, Conferences, and Exhibitions), a market with huge untapped potential in India. This stock offers a balanced risk-reward profile that’s hard to ignore.
Revenue- INR 294 crore
Net income – INR 51 crore
3-Year sales growth – 53.7%
ROCE – 19.8%
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8. Sinclairs Hotels
Boutique charm meets financial discipline at Sinclairs Hotels. Known for its properties in tranquil, less-saturated markets, Sinclairs has mastered the art of niche positioning. The management’s cautious yet forward-thinking approach has delivered consistent results. For investors, this stock represents a chance to ride the wave of India’s growing appetite for offbeat travel.
Revenue- INR 56 crore
Net income – INR 21 crore
3-Year sales growth – 47.9%
ROCE – 19.8%
9. Kamat Hotels India
Sustainability isn’t just a buzzword for Kamat Hotels—it’s a way of life. With The Orchid Hotel, Asia’s first eco-hotel, leading the charge, Kamat has built a reputation for blending environmental consciousness with top-notch service. Add solid revenue metrics to the mix, and you’ve got a stock that appeals to both your conscience and your wallet.
Revenue- INR 304 crore
Net income – INR 45 crore
3-Year sales growth – 66.5%
ROCE – 17.5%
10. TajGVK Hotels & Resorts
When two giants like the Taj Group and GVK come together, the result is bound to be impressive. TajGVK Hotels & Resorts is a name synonymous with luxury and strategic growth. By expanding its footprint in metropolitan areas and focusing on delivering unparalleled guest experiences, the company has cemented its position as a top-tier player. For investors seeking exposure to India’s premium hospitality sector, this is a must-consider stock.
Revenue- INR 408 crore
Net income – INR 74 crore
3-Year sales growth – 63.0%
ROCE – 18.8%
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Why Invest in the Hospitality Sector?
The stars are aligning for India’s hospitality industry. Domestic travel is on the rise. Foreign tourist arrivals are picking up. Infrastructure upgrades—new airports, better connectivity—are paving the way for even greater growth. And then there’s the ‘revenge travel’ phenomenon, as people make up for lost time post-pandemic.
For investors, this creates fertile ground for wealth creation. The diversity in the sector—from luxury to mid-market properties—means there’s something for everyone. The key is to play it smart.
Tips for Investing in Hotel Stocks
- Know the Metrics: ROCE, revenue growth, and net profit are your best friends.
- Diversify: Don’t put all your money in one segment. Spread it across luxury, mid-market, and niche players.
- Stay Updated: Keep an eye on tourism trends and government policies.
- Assess Leadership: A strong management team can make or break a company.
- Think Long-Term: The best returns often come with patience.
- Understand Cycles: The hospitality sector has its ups and downs. Timing matters.
As 2025 unfolds, these best hotel stocks offer more than just financial returns. They represent a stake in the growth story of India’s hospitality landscape. Strategic investments in these best hotel stocks in India could yield not just profits but also the satisfaction of contributing to a sector that’s evolving rapidly. So, whether you’re a seasoned investor or a curious newcomer, this hotel stock list might just be the roadmap you need to navigate this thriving market.
