Stay updated with breaking news from Average Daily Occupancy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
India tier II and III cities such as Jaipur Indore Surat and notably Ayodhya are emerging as the growth drivers for the hospitality sector in India
In the first quarter of 2024, the Indian hospitality sector experienced positive growth, with a significant increase in Average Daily Rate (ADR) driving Revenue Per Available Room (RevPAR) up by 11.4% compared to the same period in 2023. This growth was fueled by a rise in corporate travel, weddings, and MICE demand. The sector also saw a 5.5% increase in RevPAR from the fourth quarter of 2023, supported by strong occupancy levels and ADR growth. The outlook for the sector remains optimistic, with continued growth expected in the second quarter driven by business travel and leisure demand.
Apartment Investment and Management Company announced today fourth quarter results for 2023, established 2024 guidance, and provided highlights on recent and planned activities. Dear fellow and...
Apartment Investment and Management Company announced today third quarter results for 2023, updated guidance, and provided highlights on recent and planned activities. Wes Powell, Aimco President...
Apartment Income REIT Corp. announced today results for the third quarter of 2023. AIR Pro forma FFO up 10.3%… beating guidance by $0.01 due to: Same Store Revenue up 6.8% Same Store NOI...