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HOTEL ROOM SHORTAGE
West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
IHG eyes deeper Adani partnership, more hotels at airports across IndiaIHG Hotels & Resorts is eyeing significant expansion in India, aiming to deepen its partnership with Adani Airport Holdings (AAHL) beyond t...
How to travel in the summer of chaosThe travel industry has bifurcated, rewarding those who understand its complexities. Travelers are increasingly spending more, often financ...
India's hospitality sector enters a 'golden cycle' as luxury demand outpaces supply: NomuraIndia's hotel industry is entering a strong growth phase. Average daily rates are rising, and investment returns are attractive. Demand is ...
‘It’s not a luxury, it’s a necessity’: Bengaluru woman as she books hotel room for AC to survive the ongoing heatwaveFacing sold-out AC stocks and a relentless heatwave, a Bengaluru woman, Priya Pal, took the unusual step of booking a local hotel room just...
'Delhi hotel room rates hovering around ₹60k/night, mirroring demand'Attention travelers! If you're planning a trip to Delhi from February 16 to 20, brace yourself for a price surge in hotel accommodations. R...
Hotel Association of India: AI Summit hotels charge Rs 40,000 to Rs 60,000 per nightAccording to the Hotel Association of India, during the AI Impact Summit majority of accommodations were secured at prices ranging between ...
Patna hotels run full amid election rush; Room shortage exposes Bihar’s hospitality gapPatna's hotels are fully booked as election activity intensifies, with top properties like Hotel Maurya and Chanakya experiencing unprecede...
India short of nearly 2 lakh tourist hotel rooms: OfficialsThe number of FTAs in India during 2017 (January- November) were 90.01 lakh as compared to 77.83 lakh during the same period in 2016 regist...
- Tourism Ministry gears up for C'wealth Games
Tourism Ministry is going full steam in making arrangements for CW games to ensure availability of enough hotel rooms and is coordinating w...
- Space for trouble: Shortage of branded hotel rooms
With a projected shortage of 1.5 lakh branded hotel rooms, hotel majors had announced huge investments. But with credit crunch and soaring ...
- Housefull hotels make room for service apartments
Having filled the breach left by an acute shortage of hotels rooms in India, service apartments segment is coming into its own with the ent...
- Govt may offer more room to hotels, mulls 5-year tax break
Proposal would place hotel projects at par with other infrastructure projects. Infrastructure status for tourism sector has been a long pen...
- Expats to help hospitality cos put best foot forward
Shortage of local talent to run the business has led hotel companies to turn to expatriates, especially from the Gulf. Leading hospitality ...
- Mumbai tops Asia-Pacific in hotel room rate
An Asia Pac survey shows that average room rates in Mumbai stood at $253 for the first six months of '07, followed by Singapore at $160 and...
- Visa-on-arrival likely in Delhi, Mumbai by 2009
the Centre may allow visa-on-arrival facility in the upgraded and modernised Delhi and Mumbai airports by 2009.
- Hotels lose employees to BPOs and retail rush
The hotel industry is grappling with high manpower shortage across categories of star hotels, in the face of fierce competition from higher...
- Hotels lose employees to BPOs and retail rush
The hotel industry is grappling with high manpower shortage across categories of star hotels, in the face of fierce competition from higher...
- Bed & breakfast outfits may become your bread & butter
There are about 18,000 spare rooms in the residential sector which can be used as tourist accommodation.
- Star hotels reap the benefits of room shortage
India’s booming hospitality industry has kept pace with the West as far as increase in the average room rate (ARR) is concerned.