TBM Staff - Mumbai
The hospitality sector is witnessing an upcycle, driven by robust domestic demand and favorable demographics, despite a decline in international tourist arrivals. Supply is lagging behind demand, leading to increased investments in infrastructure and
TBM Staff - Mumbai
The hotel industry of India saw strong demand at both business and leisure destinations during the Jan.- March period leading to an 11 per cent annual rise in revenue per available room, according to JLL.
TBM Staff - Mumbai
San Francisco Travel Association, the official destination marketing organization for the City and County of San Francisco, released 2023 visitor impact results and an updated 2024 forecast at its annual Marketing Conference held yesterday at
TBM Staff - Mumbai
CareEdge Ratings estimates that in FY24, hotel industry will end at RevPAR growth of 12-14 per cent on the high base of FY23. The robust resurgence in demand, coupled with the gradual alignment of supply
TBM Staff - Mumbai
The hospitality sector has witnessed a significant increase in hotel signings in FY22, up 63% from the year-ago, according to a report by real estate consultancy JLL. In all, 54 hotels, with 4,282 rooms were
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