Macquarie Ranks India Hotel Stocks by Iran Conflict Exposure Risk

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil extends surge on wider Middle East conflict, Strait of Hormuz closure Dollar surges to over five-week high on U.S.-Iran escalation; euro, sterling slip Gold price surge after Iran attack could fade, Pepperstone says Gold prices climb amid boost to safe haven demand after U.S.-Iran escalation FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Macquarie Ranks India Hotel Stocks by Iran Conflict Exposure Risk By Investing.com Editor Ayushman Ojha Stock Markets Editor Ayushman Ojha Published 03/03/2026, 01:53 AM Macquarie Ranks India Hotel Stocks by Iran Conflict Exposure Risk 0 IHTL -2.41% LEMO 0.26% CHAL -2.92% ITCT -2.01% Investing.com -- Macquarie has evaluated India’s lodging and hotel sector stocks based on their potential exposure to implications from the Iran conflict. The analysis focuses on each company’s geographic presence in affected regions, revenue concentration in key cities, and reliance on foreign travelers. Get analysts’ exclusive top stock selections with InvestingPro 1. Lemon Tree Hotels (Outperform, Marquee buy) - Lemon Tree maintains the most insulated position among peers. The company has a managed fee relationship in Dubai, but Macquarie expects the impact to be minimal. In India, approximately 47% of revenue comes from key cities, yet Lemon Tree has minimal exposure to foreign travelers. The company does have a large percentage of traffic from airline crews at Aurika Mumbai, but those rooms operate under contractual arrangements on a use-it-or-lose-it basis, providing revenue stability. 2. Chalet Hotels - Chalet does not operate any properties in the conflict region. However, 73% of its revenue comes from key cities and about 40% of its hotel revenues come from foreign travelers, creating moderate exposure to potential travel disruptions. 3. ITC Hotels - Macquarie notes limited visibility on the percentage of revenue from key cities or exposure to foreign travelers for ITC Hote...