The program aims to bring efficient, climate-smart, cost-effective cooling solutions to India’s hospitality sector
Indian hospitality industry
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India’s hospitality industry sees 52.8% decline in RevPAR during the first three quarters of 2020: JLL
All key 11 markets in India reported a significant decline in RevPAR Performance in Q3 2020 Y-o-Y. Mumbai continues to be the RevPAR leader in absolute terms, despite the decline of RevPAR by 71.7% in Q3 2020 compared to Q3 2019