Tag: Indian hotels
Setting up hotel takes 50 approvals, each taking over 56 days
Addressing attendees at the 18th CII Annual Tourism Summit, Suman Billa, Additional Secretary, Ministry of Tourism claimed that Indian hotels need over 50 clearances...
India hotels attract US$93 mn investment in H1 ’24: JLL
The Indian hospitality sector continues to flourish, demonstrating resilience and robust growth in the first half of 2024, according to JLL’s latest Hotel Investment...
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,...
Indian hotels set to fuel US $1 tn GDP
The Indian hotel industry’s direct contribution to the country’s GDP is projected to reach US $1 trillion by 2047, propelled by a substantial increase...
Indian hotels see 16.4% increase in average daily rates: JLL
According to a recent report by property consultancy JLL, the Indian hospitality sector achieved a 15.4 per cent YoY revenue growth per available room...
