Mumbai’s hospitality sector saw a 58.4% decline RevPAR during January to December (CY 2020), compared to CY 2019, due to the impact of COVID-19.
JLL
Posted inBusiness
Hotel occupancy levels improved to 35% in November 2020 on back of domestic travel: JLL
Leisure markets in close proximity to major source markets including Mumbai, Delhi and Bengaluru likely to continue to benefit from weekend business
Posted inBusiness
JLL extends support to employees through its exclusive benefit program – myFLEX
The programme aims to provide adequate coverage and a bouquet of health & fitness solutions to employees across the board
Posted inBusiness
Hotel investors in Asia pivoting towards debt financing to bolster cash flows: JLL report
The impact of COVID-19 on the hospitality industry across Asia continues to be significant, with many hotels and investors witnessing an unparalleled cash crunch as significantly constrained revenues struggle to offset fixed costs.
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