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Friday, November 15, 2024

hospitality sector

Indian hospitality sector’s revenue per available room set to grow by 8-9% in FY25

Industry
The Indian hospitality sector is experiencing significant growth, with a report indicating that revenue per available room is projected to increase by around 8-9 per cent in FY25. Strong͏͏ Performance͏͏ in͏͏ FY24: According͏͏ to͏͏ CareEdge,͏͏ the͏͏ industry's͏͏ revenue͏͏...

Hospitality sector to see 29% investment growth, reaching $436 Mn this year: JLL

Hospitality
India's hospitality sector is projected to attract $436 million in investments by year-end, marking a 29% increase from last year and the highest since the Covid-19 pandemic, according to JLL's forecast. ͏Hotel͏ Transactions ͏͏in India May ͏͏Su͏rp͏ass...

Hospitality sector registers 4.8% YoY RevPAR growth in Q2 2024: JLL

Hospitality
The͏͏ hospitality sector saw͏ a͏ 4͏.8͏% incre͏ase in͏ r͏͏e͏͏venue͏ ͏per ͏available͏͏ roo͏m͏ ͏͏(RevP͏͏AR) in ͏the͏ s͏e͏cond͏ qua͏rter ͏of͏͏ 2͏024 (April͏͏ ͏to Ju͏n͏e),͏ as r͏e͏port͏ed...

Hospitality sector sees impressive bounce back as weddings fire up

News
The hospitality sector is undergoing a remarkable resurgence, driven by a significant uptick in weddings and associated events. Post-pandemic festivities are reverberating throughout the...

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