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Business hotels woes continue in absence of corporate travel
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As a result, hotel chains are offering work from hotel packages, steep deals, dining and spa discounts and late check-outs. The difference in room rates between some five-star luxury hotels in leisure destinations and their city counterparts primarily targeted at business travellers in markets such as Gurgaon, Delhi and Mumbai is over 100% in some cases.
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Room rates for business and city hotels continue to spiral downwards in India in the absence of large-scale corporate travel post the Covid-19 pandemic, even as some leisure properties of chains are being sold at a premium or at 2019 levels.
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