This hotel stock zoomed 77% in 9 days; hit multi-year high on Jan 1

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This hotel stock zoomed 77% in 9 days; hit multi-year high on Jan 1 - Business Standard

Quick Summary:

Shares of Asian Hotels (North) were locked in the upper circuit for the 7th straight trading day, up 5 per cent at Rs 334.35 on the BSE in Wednesday's intra-day trade.

The Ministry of Tourism has undertaken a revitalization of its Swadesh Darshan Scheme as Swadesh Darshan 2.0 (SD2.0) and introduced the National Integrated Database of Hospitality Industry (NIDHI) to facilitate digitalization and ease of doing business in the hospitality and tourism sector.

Asian Hotels (North) operates Hyatt Regency Delhi, a five-star deluxe hotel strategically located in the commercial hub of New Delhi.