34 hotels were inaugurated and 2,400 rooms were added to the organized hotel business in Q2 FY23, with over 80% of these properties in tier II and tier III cities.
Hotels see a 15 1% growth in ADR in Q3 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The Japanese conglomerate has partnered with Oravel Stays, the parent of hotel chain Oyo, to operate these hotels. Under a joint venture arrangement called ‘Mountainia the companies have drawn up a plan to open four- and five-star hotels under the ‘Sunday brand name across fast-growing tier two Indian cities, the people cited above said.
Article - JLL Hotel Momentum India (HMI) - Quarterly Hospitality Monitor Q2 2023 - Indias hospitality industry has witnessed a growth of 15.4% in RevPAR from January to June (Q2 2023) over the same period last year.
MakeMyTrip Partners With Tourism Ministry to Boost Offbeat Travel skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.