india: Marriott International anticipating top line revenues exceeding $ 1 billion in India this year
Marriott International has seen a revenue per available room (RevPar) growth of 35% in India in the first half of this year compared to 2019, according to Rajeev Menon, President, Asia Pacific (excluding China) at Marriott International. Menon said the country's hospitality sector is experiencing both demand and margin growth, with people willing to pay more for travel experiences. Marriott is anticipating top-line revenue exceeding $1 billion this year in India. Menon also highlighted the growth potential in secondary and tertiary markets in India and the strong performance of luxury brands i...