This event based strategy was in my mind for sometime and I thought I would share my thoughts here for your feedback. I would try to give as much information about this strategy here and also the rationale behind it. With out further adieu.
Trade: BUY
Markets: India, South East Asia
Industry: Hospitality,Tourism, Travelling and Airlines
Minimum Investment Period: 6 months
Rationale:
1)Increasing Reputation of India
For last few months I have seen a recent rise in India's popularity in the world. Many people now wants to know more about india and its culture and also wants to experience our culture.
2)Relaxation of visa process
India Govt has brought "Visa on arrival or e-visa" policy in which citizens from recognized countries can now apply for visa to india online and will get visa on arrival at designated airport. This change in policy has already shown an increase in tourist in India.
3) Rising Global Terrorism and Instability
This is one of the biggest reason which I think would cause a jump in number of tourist to India and south East Asia especially from European countries. Traditionally European like to visit countries in Mediterraneans but recent attacks against tourist in Tunisia, Egypt, Turkey etc has made those places unsafe for tourist. Rise in terrorist organization like ISIS and instability of middle east has made those regions a bit volatile. Comparing to those places India is considered as a stable, safe and peaceful country for tourist and more tourist will flock to India.
Trade: BUY
Markets: India, South East Asia
Industry: Hospitality,Tourism, Travelling and Airlines
Minimum Investment Period: 6 months
Rationale:
1)Increasing Reputation of India
For last few months I have seen a recent rise in India's popularity in the world. Many people now wants to know more about india and its culture and also wants to experience our culture.
2)Relaxation of visa process
India Govt has brought "Visa on arrival or e-visa" policy in which citizens from recognized countries can now apply for visa to india online and will get visa on arrival at designated airport. This change in policy has already shown an increase in tourist in India.
3) Rising Global Terrorism and Instability
This is one of the biggest reason which I think would cause a jump in number of tourist to India and south East Asia especially from European countries. Traditionally European like to visit countries in Mediterraneans but recent attacks against tourist in Tunisia, Egypt, Turkey etc has made those places unsafe for tourist. Rise in terrorist organization like ISIS and instability of middle east has made those regions a bit volatile. Comparing to those places India is considered as a stable, safe and peaceful country for tourist and more tourist will flock to India.