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2024 hotel industry: A hotel stay may cost you more this year as rates poised to surge 7-10%

Hotel rates in India are expected to rise by 7-10% in 2024, despite uncertainties surrounding events like the general election. Industry executives predict that most new supply will be absorbed, and key business markets like Delhi and Mumbai and leisure markets like Kashmir could see up to 15% increase in hotels this year. ....

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Hotel rooms in North East states rise 2.5x as brands check in

Hotel rooms in North East states rise 2.5x as brands check in
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West Bengal , Arunachal Pradesh , Ajayk Bakaya , Nikhil Sharma , Sachin Khanna , Anuraag Bhatnagar , Indian Hotels Company , Sarovar Hotels , Wyndham Hotels , North East , Indian Hotels Company Limited , Leela Palaces ,

ayodhya: Ayodhya hotels suite up for Ram Mandir inauguration

As per estimates shared by JLL, currently, there are five branded hotels comprising 520 rooms under various stages of development in the city. JLL estimates about Rs 350 crore worth of investments in such hotel development in Ayodhya, said Jaideep Dang, MD, hotels and hospitality group at the company. ....

Uttar Pradesh , New Delhi , Jaideep Dang , Ajayk Bakaya , Suma Venkatesh , Rajesh Magow , Shri Ram , Nikhil Sharma , Sarovar Hotels , Wyndham Hotels , Indian Hotels Company Limited , Development Board , Marriott International , Ram Mandir , Park Inn , Lord Shri Ram , Up Housing And Development Board , Ramada Encore , Indian Hotels Company ,

Sarovar Hotels looks to expand footprint in India and abroad

The chain opened new hotels in Agra, Tirupati, Bhopal, Dalhousie, Bengaluru, Pavagadh and Shravasti this year. Bakaya said it is expecting a turnover of just over Rs 1,500 crore this year, up 12% year-on-year. The company follows the January-December calendar year period. ....

Tamil Nadu , Himachal Pradesh , Andhra Pradesh , Nairobi Area , Madhya Pradesh , Ajayk Bakaya , Hargeisa Somaliland , Sarovar Hotels , Sarovar Hotels Amp Resorts ,