Dipping occupancy and ARR levels post-pandemic saw many standalone hotels in Goa down their shutters. What does this bode for the state’s hospitality sector?
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Posted inBusiness
Experts predict about 30% hotel assets will turn distressed, rich pickings for groups and investors looking to consolidate and invest
More than 25 to 30% of assets are likely to become distressed as the industry struggles with a collective outstanding debt of Rs 50,000 crore and no debt restructuring measures in sight. How will the industry cope?
Posted inBusiness
‘Creating hotel assets is like solving a jigsaw puzzle,’ writes Nirupa Shankar, Executive Director, Brigade Enterprises
While developing a hotel, there are many aspects for an owner to consider
Posted inBusiness
Leelaventure completes sales transactions with Brookfield
A few procedural formalities are pending and would be completed shortly
Posted inBusiness
IHCL joins hand with GIC to create a platform to acquire assets
This newly created platform will be used to acquire fully operational hotels in the luxury, upper upscale and upscale segments in India