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Hotels to see 9-11% Revenue Growth in FY25: CareEdge Ratings Report

India Business News: MUMBAI: Robust demand coupled with gradual alignment of demand-supply of branded hotel room inventory will see the hotel industry end at RevPAR growth. ....

Ravleen Sethi , Associate Director , Business News , Revpar Growth , Revenue Growth , Hotel Industry Growth , Foreign Tourist Arrivals , Domestic Leisure Travel , Careedge Ratings ,

hotel industry growth: Hotels to see 9-11% revenue growth in FY25; third straight year in current upcycle: CareEdge Ratings Report

CareEdge Ratings predicts a 12-14% revenue per available room growth for the hospitality industry in FY2024, followed by a 9-11% growth in FY2025. The sector s recovery in occupancy rates and average rates has boosted revenue per available room. Average room rates are expected to rise, reaching Rs 7,700 to Rs 7,900 in the next fiscal. Domestic travel is driving demand, with international travel yet to fully recover. The sector is expected to see steady high occupancies and continued revenue growth in FY2025. ....

Ravleen Sethi , Careedge Ratings , Hotel Industry Growth , Revenue Growth , Revpar Growth , Domestic Leisure Travel , Business Travel , Foreign Tourist Arrivals ,

Indian hotel industry revenue expected to grow 7-9 pc in FY25: ICRA

The Indian hotel industry is expected to grow 7-9% with high occupancy in FY2025. Demand from domestic leisure travel, MICE, weddings, business travel, spiritual tourism, tier-II cities, and domestic tourism will drive growth. FTA recovery depends on the global macroeconomic environment and consumer sentiments. ....

New Delhi , Ltd Vice , Foreign Tourist Arrivals , Vice President , Indian Hotel Industry , Domestic Leisure Travel , Business Travel , Spiritual Tourism , Icra Ltd , Operating Lease ,

International tourism to L.A. still lags behind pre-COVID era. There's a push to court more visitors

Domestic tourism has rebounded to pre-pandemic levels, but the number of international tourists — the most lucrative visitors — has been slower to recover. ....

Los Angeles , United States , Los Angeles County , Adam Burke , Convention Board , Los Angeles Times , Los Angeles Tourism , International Visitors , International Tourism , Los Angeles , Domestic Tourism , Domestic Leisure Travel , Overseas Visitors ,

The Fern Hotels & Resorts signs new hotel in Maharashtra

This is the company’s 100th hotel in the country and will be under the The Fern Shelter Resort brand. It will be fully operational by the end the month. ....

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