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/PRNewswire/ -- Startup Creasphere, the digital healthcare platform of Plug and Play in Munich, has announced its new partnership with NEOM's Health, Wellbeing...
Hotel Sogo, the largest hotel chain in the country, marked a new milestone in a grand and festive style, with the formal launching of Hotel Sogo-Timog 2 branch on July 21. The event was well-attended by guests and friends of Hotel Sogo and key officials from the Quezon City local…
The demand recovery has been strong in the last year and the rating agency Icra anticipates it to continue in FY2024 as well, , rating agency, icra, hotel industry, pan-India premium hotel, indian economy, economy, india
Mumbai: ICRA estimates pan-India premium hotel occupancy at around 70-72% in FY2024, after recovering to 68-70% in FY2023.
The incremental absorption is estimated to remain at around 39 million sq ft, the level witnessed in 2022-23. Nearly 52% of the expected supply addition across these primary markets including Mumbai, National Capital Region, Pune, Chennai, Bengaluru, Kolkata, Hyderabad, and Ahmedabad will be in grade A category.