The fortunes of mid-and-small size hotels have received a fillip with the tendency among business travellers to cut down on expenses. These hotels companies, which offer reasonably good hotels experience, have performed better than larger counterparts in the March 2012 quarter.
For investors, it is interesting to know that stock prices of these companies have also fallen along with their large counterparts even though these companies don't have presence in international markets. This fall has been in the range of 10-20% for most mid-and-small size hotels. Having their fundamentals intact, the valuation of these companies has become attractive in recent times. A case in the point is Royal Orchid Hotels. Recently, ICRA's research wing accorded a grade of 'C' to Royal Orchid Hotels. This means that the company is fairly valued.
Source
Search Banquet Manager Jobs with Orchid Hotels>
For investors, it is interesting to know that stock prices of these companies have also fallen along with their large counterparts even though these companies don't have presence in international markets. This fall has been in the range of 10-20% for most mid-and-small size hotels. Having their fundamentals intact, the valuation of these companies has become attractive in recent times. A case in the point is Royal Orchid Hotels. Recently, ICRA's research wing accorded a grade of 'C' to Royal Orchid Hotels. This means that the company is fairly valued.
Source
Search Banquet Manager Jobs with Orchid Hotels>