Mumbai continues to be the RevPAR leader in absolute terms, despite the decline of RevPAR by 81 per cent in Q2 2020 compared to Q2 2019
RevPAR performance
Posted inBusiness
Hotel industry witnessed 18.5% decline in RevPAR in the first quarter of 2020, says JLL’s new report
All major 11 markets of India – Ahmedabad, Bengaluru, Chennai, Delhi, Goa, Gurugram, Hyderabad, Jaipur, Kolkata, Mumbai, and Pune – witnessed a decline in the Revenue Per Available Room (RevPAR) in the first quarter of 2020
Posted inBusiness
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
Posted inBusiness
Exclusive Interview: Puneet Chhatwal, MD & CEO, The Indian Hotels Company Limited (IHCL)
Chhatwal ambitious vision ensures that an iconic hospitality group is profitable too
