Motilal Oswal Financial Services conducted a conference to select stocks from the theme of Tourism, Travel, Leisure and Lifestyle. Tourism, Travel, Leisure and Lifestyle (TTLL) are the new growth engines within the Indian Services sector. India’s demographic dividend of a younger population and rising disposable income is leading to greater expenditure on these services. Based on World Travel & Tourism Council’s forecast, the contribution of these sectors to India’s GDP is likely to grow at 12% over 2013-23.
The government too is promoting TTLL through diverse tourism offerings, and policy and regulatory changes. Liberalizing visa on arrival, electronic travel authorization, and Hospitality Promotion Board are some of the steps the government is taking. Wellness and associated services would be a USD2b industry by 2020.
Here are the 6 companies they recommended,
1. Cox & Kings
2. Inox leisure
3. Marico Kaya Enterprises
4. PC Jewellers
5. Tribhovandas Bhimji Zaveri
6. Talwalkars Better Value Fitness
Research each of the Stocks before you BUY.
Cox & Kings -
