Hotel industry to hit double-digit revenue growth on demand boost in FY24: ICRA
The agency estimates pan-India premium hotel occupancy at around 70-72% in FY24, after recovering to 68-70% in FY23.
The agency estimates pan-India premium hotel occupancy at around 70-72% in FY24, after recovering to 68-70% in FY23.
Rajeev Menon, president, Marriott International Asia Pacific says the real competition is between countries that have opened themself fully and those who are gradually opening up.