Tag: ICRA
Indian hotel sector to grow 7-9% in FY25: ICRA
As per ICRA, the Indian hotel industry is expected to grow by 7 to 9 per cent YoY in FY 2025, driven by spiritual...
Indian hotels to reach record occupancy in FY ’25: ICRA
According to a forecast by ICRA, pan-India premium hotel occupancy is expected to reach decadal highs of 70-72 per cent in FY2024 and FY2025,...
Premium hotel rates set to surge in FY2024: ICRA
ICRA estimates pan-India premium hotel occupancy at 70–72 per cent in FY2024, after recovering to 68–70 per cent in FY2023. Pan-India premium hotel average...
‘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,...
Long lockdown will impact Q4 FY2022 metrics: ICRA
Dampening the sentiments for the hotel industry, Omicron and prolonged lockdowns will impact Q4 FY2022 operating metrics, according to ICRA. With a sharp rise...
