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The hospitality chain is betting big on tier II and III markets where the metrics, like occupancy and room rates, are tracking strong. The company is also tapping into the growing market of spiritual tourism, with destinations like Ayodhya in focus.
Namami Bansal, an IAS officer from Rishikesh, overcame three failures to secure 17th rank in the UPSC CSE 2017. A persistent student, she completed her MA in Economics as a gold medalist before focusing on her childhood dream of clearing the UPSC. Her journey exemplifies the importance of hard work, perseverance, and maintaining a positive outlook despite setbacks.
This report highlights the key trends in the Indian hospitality industry in 2023 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2024.
It’s May, the ideal month for pickle-making, with mango, lime, jackfruit and bayberry in abundance. Lounge brings you pickling ideas from across the country
Article - HVS India Hospitality Industry Overview 2023 - By Mandeep S Lamba, Dipti Mohan and Dhwani Gupta - This report highlights the key trends in the Indian hospitality industry in 2023 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2024.