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Wedding Season Boosts Hotel Stocks As FY28 Offers 40 Percent More Auspicious Days
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CNBC Awaaz•18-10-2026, 22:15
Wedding Season Boosts Hotel Stocks As FY28 Offers 40 Percent More Auspicious Days
- •Brokerage firm Jefferies reports that FY28 will feature around 95 auspicious wedding days compared to the normal 65 to 70 days.
- •An increase of about 40 percent in auspicious dates will drive higher demand for hotel rooms, banquet halls, and food and beverages.
- •More wedding dates help spread out events, reducing the number of bookings hotels have to turn down due to lack of space.
- •Domestic travel for destination weddings will further support hotels and resorts in popular Indian tourist cities.
- •Investors should analyze company financials, debt, and occupancy rates rather than relying solely on wedding season news.
Key Questions Answered
According to brokerage firm Jefferies, there are expected to be around 95 auspicious wedding days in financial year 2028 (FY28). This is about 40% higher than the normal range of 65 to 70 days seen in a typical year.
Jefferies notes that hotel companies such as Royal Orchid Hotels, Lemon Tree Hotels, Chalet Hotels, The Leela, and Kamat Hotels could experience strong positive impacts and increased luxury wedding bookings during this period.
The increase in auspicious wedding dates is projected to start from the fourth quarter of financial year 2027 (Q4FY27) and extend through the third quarter of FY28 (Q3FY28).
