Tag: hotel industry
Hotel revenue to reach US$446 by 2028
Stocklytics.com latest data indicates that the hotel industry’s revenue is projected to rise by 9 per cent to reach US$446.5 billion in 2024. Data...
Hospitality industry scores big as IPL 2024 drives demand
The Indian Premier League (IPL) 2024 is boosting hospitality industry as cricket fans visit stadiums to support their teams, increasing hotel room tariffs in...
Indian hotel industry poised for 11-13% rev growth: CRISIL
The Indian hotel industry is expected to experience a healthy revenue growth of 11–13 per cent in the next fiscal, following a strong 15–17...
‘Hotel industry to see double-digit revenue growth in FY ’24’
ICRA has predicted 13–15 per cent revenue growth for Indian hotel industry in FY2024, notwithstanding the potential impact on demand with further COVID waves,...
Radisson Hotel Group delivers strong growth in 2022
Radisson Hotel Group continued to drive forward its ambitious expansion plan in 2022. It emerged to be one of the top three hotel groups...
Hotel industry continues to regain occupancy: STR
India’s hotel industry sees a continued increase in occupancy due to the progressive approach to vaccinations in key markets across the country, according to...
Pre-pandemic hotel occupancy by Q3 2022: Mandeep Lamba
Mandeep S. Lamba, President (South Asia) HVS ANAROCK in one of the webinar threw some light on the revenue aspect of hotel industry post-pandemic,...
The Indian Hotel Sector will collapse if not supported by the...
On behalf of the Indian hospitality sector, the Hotel Association of India (HAI) has been recommending more relief measures for the survival, revival, and...
