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Domestic travel will continue to aid recovery for hotels in 2021: JLL

According to the report, the total number of signings in Q4 2020 stood at 45 hotels comprising of 4,326 keys, recording a decline of 43.6%, compared to the same period last year. International operators dominated signings over domestic operators with the ratio of 57:43 in terms of inventory. ....

Jaideep Dang , Atmanirbhar Bharat , Kamath Committee , Hotel Momentum India , Hospitality Group , Revenue Per Available Room , Momentum India , Managing Director , South Asia , Guaranteed Credit , Travel Sector , F Amp B , Hospitality Industry , ஜெய்தீப் டங் , காமத் குழு , ஹோட்டல் வேகத்தை இந்தியா , விருந்தோம்பல் குழு , வருவாய் ஒன்றுக்கு கிடைக்கிறது அறை , வேகத்தை இந்தியா , நிர்வகித்தல் இயக்குனர் , தெற்கு ஆசியா , உத்தரவாதம் கடன் , பயணம் துறை , விருந்தோம்பல் தொழில் ,

Lemon Tree, EIH: Good time to check into hotel stocks, say analysts

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As per ANAROCK Property Consultants, over 26,340 rooms were added in the organized or branded hotels segment during 2017-19
Domestic travel industry has been one of the worst sufferers of Covid-19, as the pandemic and the ensuing lockdown hit their coffers hard. However, the economic activity picking up over the past few months, travellers – both leisure and business – are slowly returning. With an improvement in macro indicators in terms of business as well as COVID recovery rate, the hospitality sector is also expected to witness a revival in demand, though at a slower pace. ....

Jaideep Dang , Rashesh Shah , Lemon Tree Hotels , While Indian Hotels , Cubs Research , Hospitality Group , Indian Hotels , Revenue Per Available Room , Managing Director , South Asia , United Kingdom , Hotel Stocks , Covid 19 , Travel Industry , Lemon Tree , Taj Gvk , Hospitality Management , Supply Chain Management , Hospitality Industry , Travel Embargo , Leisure Travel , Revenge Travel , ஜெய்தீப் டங் , ராஷஎஷ ஷா , எலுமிச்சை மரம் ஹோட்டல் , போது இந்தியன் ஹோட்டல் ,

Hard-hit hotel industry expected to touch pre-Covid levels in next 2-3 years : ICRA

Hard-hit hotel industry expected to touch pre-Covid levels in next 2-3 years : ICRA
January 12, 2021
Revenue per available room declined 80% cent during the first eight months of FY21
The domestic hospitality industry is expected to witness a 70-75 per cent decline in revenue per available room (RevPAR) pan-India in FY2021.The industry has been one of the worst hit by the Covid-19 pandemic and the subsequent lockdowns.
According to estimates by ICRA, in the first eight months of FY2020-21, pan-India occupancy hit an all-time-low of 18-20 per cent, down from 64-65 per cent in the previous year. While the average room rates were discounted by 35-40 per cent, RevPAR declined by about 80 per cent during this period. ....

Pavethra Ponniah , Sector Head , Hospitality Industry , Revenue Per Available Room , Hotel Industry , Icra Hospitality Industry , துறை தலை , விருந்தோம்பல் தொழில் , வருவாய் ஒன்றுக்கு கிடைக்கிறது அறை , ஹோட்டல் தொழில் , ஈக்ரா விருந்தோம்பல் தொழில் ,