Beyond the Taj: These 3 mid-cap hotel stocks are growing faster. Is the price too high?

Mid-cap hotel stocks are attracting increased investor attention on account of their smaller and nimbler operations, and their ability to grow at a faster pace than industry leaders. The hospitality industry is booming; however, it is vulnerable to political and economic shocks, both in India and overseas. Mid-cap hotel stocks trade at high valuations, akin to mid-cap IT stocks, given investor expectations of high growth.