Recommend Thomas Cook among other hotel stocks: Daljeet S Kohli

In a chat with ET Now, Daljeet S Kohli - Head of Research, IndiaNivesh Securities Private Limited, shares his views on hotel stocks.

ET Now: Some of the key beneficiaries this quarter around from an earnings perspective and the holiday season could be hotel stocks, do you have exposure there?

Daljeet S Kohli: I am not very big fan of hotel stocks because I feel that they always much laggard in movement, stock price moves much later than actually the things start improving.

It is only because of hope sometimes it starts moving. Secondly, they are always ridden with too much of assets, very heavy asset and too much of debt is always there. So we would rather prefer other stocks rather if I have to play this tourism theme, then I would rather play with Thomas Cook, Cox & Kings is also highly debt ridden though it is doing well in its tourism part but it is too much of debt so we are avoiding it right now but Thomas Cook is definitely a better play on tourism part if I have to play.