Perseverance, determination and a refusal to back down from challenges helped Chander Baljee, CMD of Royal Orchid Hotels build a network of 60 operational properties, within two decades
occupancy
Ruban Das, GM, Hilton Chennai – The pain behind the smile
Hilton Chennai retrained its existing workforce to multi-task across all departments to reduce operational costs and improve its bottom line during the pandemic
India hotel investment trading volume declined 84% in 2020 as compared to the peak witnessed in 2019
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.
True Leisure
With occupancy rates reaching pre-COVID levels of over 84%, Kavinder Singh, CEO & MD, Mahindra Holidays and Resorts India maintains that the country holidays at Club Mahindra Resorts
Multi-year recovery along with new opportunities for the travel and hospitality sector, predicts HVS Global Senior Management
Mandeep Lamba, President (South Asia) HVS ANAROCK, said occupancies across India were likely to return in Q3 2022 and RevPAR to return in Q2 2023
Marriott results illustrate competence, says GlobalData
With the lowest RevPAR decline and highest net earnings in relation to its close rivals, Marriott looks to be in a solid position to navigate through this pandemic
Jaideep Dang, managing director – Hotels & Hospitality Group, JLL talks about how business cities and lesiure markets will drive demand
For the hospitality sector, we observe that RevPAR has grown by 2.6% over the last year
