Amidst this heightened optimism, Saint-Gobain India, a worldwide leader in light and sustainable construction, is partnering with HVS ANAROCK, a leading consultancy in Hotels & Hospitality sector, in bringing the Indian hospitality sector in a spotlight in the form of H.O.P.E (Hospitality Overview Presentation & Exchange), a premium hospitality summit in Goa.
Oberoi Group MD and CEO Vikram Oberoi said that he has been approached by some owners who wish to sell their properties. “Whether it is a result of Covid or something else, I cant say, but (some) hotels are up for sale.”
India Business News: The Covid-ravaged hospitality sector could soon see big M&As with several stressed owners wanting to exit the business by selling to the Big Boys
May vacay is all about long stay at premium rentals: Staycations, luxury homes replace globetrotting holidays
Customers are even booking month-long workation up to six weeks in advance.
Synopsis
In a world locked up indoors, travel has taken on new forms.
Your favourite international destinations have boarded up, while air travel is on ‘emergencies only’ mode. So, what do you do when you need a break? Alternative accommodation, including luxury villas, homestays and apartments, are fulfilling travel needs. “We have seen an 800 per cent increase in enquiries since 2019,” says Dhimaan Shah, cofounder, Isprava and Lohono Stays.
High-net-worth individuals, like corporate bosses and their families,