hotel industry
Th͏e ͏͏hotel ͏bus͏i͏͏ness like͏͏l͏͏y ͏͏saw a͏ sl͏͏o͏͏wdown͏ ͏in͏ ͏͏͏͏revenue growth ͏i͏͏n ͏May 2͏024, i͏n͏f͏͏͏lu͏enced ͏b͏y bo͏th ͏heatwave co͏͏͏nd͏iti͏͏ons͏ ͏an͏d the us͏͏u͏al ͏͏͏seasonal dip in͏ d͏emand͏ extend͏i͏ng͏ t͏hr͏͏ough͏͏͏ Ju͏ne.Acc͏ordi͏͏n͏g to ͏a r͏ece͏͏nt͏ stud͏y b͏y ͏͏͏͏a͏͏d͏visory͏͏ fir͏͏͏m͏͏͏ HVS...
Hotel operators, who previously slashed jobs in large numbers during the Covid era, are now re-entering the market with vigor, hiring thousands to support their ambitious expansion strategies and address vacancies stemming from significant attrition rates.TeamLease...
Breaking News
Hotel investments in India surged to $401 Million in 2023, reveals JLL Report
According to JLL India's 'Hotel Investment Trends - India 2023' report, India's hospitality industry saw a remarkable investment activity of $401 million in 2023....
ICRA forecasts 7-9% revenue growth for Indian hotel industry in FY25
According to a report by credit rating firm ICRA, the Indian hotel industry anticipates a revenue growth of seven to nine per cent in...
Bengaluru restaurants to offer paper napkins only on demand in effort to reduce waste
In an effort to diminish the daily generation of solid waste in Bengaluru, the hotel industry has called upon its members to decrease their...