The country’s hotels outperform pre-pandemic levels across all hospitality metrics in H1 2023
COVID-19 impact
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How governments and industry bodies can push global travel recovery
Robust protocols around vaccination program roll outs, testing, health and safety measures, and minimal contact while travelling are crucial to rebuilding travelers confidence
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‘Indian hospitality sector to incur an estimated total revenue loss of approx INR 90,000 Cr in 2020,’ says HVS Anarock
Pre-COVID-19, over 11,500 rooms were to be added in both 2020 and 2021; now, only 15-20% of anticipated 2020 supply expected
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IHCL reports 1st quarter FY 2020-21 results; mitigates COVID-19 impact with R.E.S.E.T strategy
R.E.S.E.T 2020, a comprehensive five-point strategy, provides a transformative framework to help the Company overcome the COVID-19 related challenges
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Ranjit Batra, President – Hospitality, Panchshil Realty pens his view on the emerging new order in hospitality
It will be interesting to see how the relationship between the operators and their employees will pan out, with some operators choosing to seek pay-cuts from their employees, while some choosing to stand by them, making sure there are no pay-cuts and insisting that owners toe the line