The holiday season is approaching, and Jefferies has listed out its top bets across hotel and Aviation sector stocks .

They have identified some key stocks with as much as 33% upside, though they see headwinds like capacity cuts for Air India, heavy monsoons, and slow recovery post-turbulent Q1 weighing on the travel sector.

Speaking on hotels, Jefferies said that revenue growth per available room (RevPAR) should moderate to 5-7% YoY in the second quarter.

Jefferies on Hotel stocks: ITC Hotels, IHCL, Chalet to see moderate growth

The base effect of higher marriage dates and excess monsoons affecting MICE (meetings, incentives, conferences, and events) and travel demand has hurt the industry growth for Q2.

Jefferies on The Indian Hotels Company

For The Indian Hotels Company , li

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