Be it Khajjiar in Himachal Pradesh, Kevadia and Vithalapur in Gujarat, or Hoshiarpur in Punjab - many lesser-known locations in India are beginning to get branded star category accommodation options as hoteliers double down on expansion in the country.
Wyndham Hotels & Resorts has made its debut in Nepal with the launch of Ramada Encore by Wyndham Kathmandu-Thamel.
New Jersey-based hotel company Wyndham Hotels & Resorts is continuing to grow its footprint on the Indian subcontinent, this time in the Nepalese capital Kathmandu.
A boost for Nepal’s hospitality industry
The 90-key newbuild Ramada Encore by Wyndham Kathmandu-Thamel is Wyndham’s inaugural property in Nepal. Located in the capital’s downtown area, it’s another example of the impressive regeneration effort taking place following the devastating earthquake that shook the city in 2015. This property’s conveniently located near major attractions like Everest Base Camp, the Garden of Dreams and Ason Bazaar at Kathmandu Durbar Square.
Total room inventory occupancy for hotels in India stood at 29% in 2020: STR
SECTIONS
Share
Synopsis
Hotel occupancy rates in Mumbai for 2020 stood at 39%, New Delhi at 36%, Chennai at 32% and Hyderabad at 29%. Hotels in Bengaluru ended the year at 25% occupancy and were struggling to garner demand owing to negligible corporate business travel.
Agencies
The total room inventory (TRI) occupancy for hotels in India stood at 29% and the revenue per available room plummeted to Rs 1,423, down 62% from 2019.
New Delhi: Occupancy growth for hotels in India decelerated by a staggering 60% in Covid hit 2020, as per data shared by industry tracker STR with ET.