According to JLL, previous years had seen promising and consistent growth in occupancy and average daily rate (ADR) levels across key cities world over. India was no different.
Jaideep Dang
Posted inBusiness
‘Delhi witnessed a significant decline of 74.4% in RevPAR during Q4 2020,’ says JLL’s Hotel Momentum India report
Delhi’s hospitality sector observed a month on month increase in occupancy levels during Q42020.
Posted inBusiness
‘Majority of hotel operators expect up to two-year revenue recovery period,’ says JLL’s new survey
According to the survey, only 20% of the operators believe that their hotels could bounce back to 2019 Revenue Per Available Room or RevPAR levels within 6 to 12 months
Posted inBusiness
India’s biggest hoteliers share their insights on COVID-19 crisis and expectations from the government
COVID19 has rudely pulled the rug from under the feet of the hospitality industry, leaving it in a state of complete
disarray