The government has substantially reduced and simplified GST on hotels and restaurants. Here is a list of most hospitality companies (listed) and how these will be impacted starting from November 2017:
S. NO. | STOCK | PRICE | NOTES |
---|---|---|---|
1. | Asian Hotels (West) | 302 | Owns Hyatt Regency, Mumbai and JW Marriott, Delhi Aerocity. Charges upwards of 7500 per night, so may will be benefitted. |
2. | Asian Hotels (East) | 273 | Owns Hyatt Regency (Kolkata and Chennai). Same comment as the one above. |
3. | Asian Hotels (North) | 136 | Operates one hotel - Hyatt Regency (main Delhi). Astronomically priced rooms and no additional GST benefits, but these Asian Hotel stocks are already zooming. |
4. | Advani Hotels and Resorts | 63 | Owns the Caravela beach resort in Goa.. prices rooms between 6999 to over 1 lakh per night.. will not benefit much |
16. | EIH Hotels | 151 | Owns Oberoi, Trident and one Maidens Hotel in Delhi. Will benefit. |
5. | EIH Associated Hotels | 355 | Associated company of EIH. The Trident chain should benefit because rooms are priced at 7500. |
6. | Howard Hotels | 6.60 | Owns one hotel Howard Plaza in Agra. Penny stock. |
7. | Indian Hotels | 112 | 5 star hotel chain. No additional GST benefits. |
8. | James Hotel | 31 | Owns 1 hotel in Chandigarh. Will benefit. |
9. | Jindal Hotels | 59 | Owns one hotel in Vadodara, Surya Palace, which will now be rebranded as Grand Mercure Vadodara Surya Palace. Will benefit. |
10. | Kamat Hotels | 124 | Will benefit, but has appreciated 500% in the last 12 months |
11. | Peco's Hotels and Pubs | 68 | Owns pubs. Will benefit from lower tax on restaurants. |
12. | Polo Hotels | 9 | Owns 2 properties (Panchkula). Will benefit, but company is under surveillance by BSE. |
13. | TGB Banquets | 56 | Owns 3 hotels (surat, Ahmedabad and Indore). Will benefit. |
14. | Velan Hotels | 5.95 | Owns 2 hotels (Coonoor and Tirupur). Will benefit but company is into losses. |
15. | Hotel Leela | 20 | 5 star hotels.. no additional GST benefit |
16. | Viceroy Hotels | 17 | Will benefit. |
17. | TajGVK | 164 | Owns pricey 5 star properties. May not benefit. |
18. | Graviss Hospitality | 22.75 | Owns Hotel Intercontinental Drive, Mumbai. Will not benefit. |
19. | Royal Orchid | 135 | Will benefit |
20. | Benaras Hotels | 1100 | Owns 2 hotels (Varanasi and Maharashtra). Will benefit. |
21. | Sinclairs Hotel | 402 | Will benefit |
22. | Mahindra Holiday | 343 | Will benefit |
23. | Country Club Hotels | 15 | Will benefit |
24. | Mac Charles | 454 | It;s in Z group. Best to avoid. |
25. | Fomento Hotels and Resorts | 153 | Owns Cidade De Goa. Will benefit. |
26. | CHL | 21 | Owns The Suryaa, New Delhi. Will benefit if it creatively prices its club and deluxe rooms. |
27. | Savera Industries | 68 | Owns a hotel in Chennai. Will benefit. Also owns a few restaurant brands . |
28. | Oriental Hotels | 39 | Gateway and Vivanta Taj hotels. Will benefit. |
29. | ITDC | 531 | Government co, owns the Ashok group of hotels. It also is a diversified business (engineering, HR, duty free trade). Looks like the pick of the lot. |
30. | Gujarat Hotels | 134 | ITC associate company. Owns Welcomgroup Vadodara. Rooms are pricey. |
31 | Specialty Restaurants | 118 | Will benefit from composite scheme |
32 | Royale Manor | 11 | Owns one 5 star hotel in Ahmedabad, The Gateway Hotel Ummed. Penny stock with +ve EPS. |
33. | Best Eastern | 65 | Owns the Usha ascot in Matheran. Will benefit, but in a limited way. |
34. | Sayaji Hotels | 248 | Owns hotels in Tier 2 cities. Will benefit, but is a loss making company. |
35. | Dhanada Corp | 3.30 | Penny hotel stock. Owns 7-8 VITS hotels around the country. Also into engineering, energy and education. Will benefit, but is loss making. very illiquid stock. |
36. | HS India | 11.20 | Owns Lords Plaza Hotel in Surat. Will benefit. |
Byke Hospitality??
Sir do you feel that ITC can also be somewhere can be benefited as they r also growing in hotel business as well as fmcg..
Stock Axis has given a buy call on Kamat Hotels for a target of 240Rs in 18-24 months in it’s trial service.
I tweeted about Kamat Hotels when it was in the 60s.
might you mention the date of the blog too please.
Okay, from now on I will
What about The Byke Hospitality sir?
Thanks nice research.
What about The Byke Hospitality sir
Yes, it’s a great stock. Thanks for the update.