Page 3 - Hotel Industry

Hotels across segments to take over 2 years to recover from pandemic: Study

Consulting firm Hotelivate expects daily rates and occupancy to remain depressed

Hotel industry braces for tougher months ahead amid localised lockdowns

The recovery seen during the past two quarters is set to be disrupted

Hotel investment trading volume in India declines 84% in 2020: JLL

Hotel investment trading volume in India declined 84 per cent in 2020 as compared to the peak witnessed in 2019, according to global real estate consultant JLL

Indian Hotels, Ambuja Neotia seek to expand partnership beyond 5 properties

Taj brand aims at larger presence in the east, Neotia says being persuaded to look at North East too

Goa tourism department launches crackdown on unregistered hotels

Goa minister Manohar Ajgaonkar on Friday said the tourism department has launched a crackdown on hotels that are operating illegally

A fourth of rooms at risk if Budget doesn't help sector: Hotel bodies

Urge infra status for hotels worth over Rs 25 crore, lower GST and income tax rates

Apeejay Surrendra Park Hotels signs on 320 rooms under management contract

Aims to have 60% such rooms, 40% owned, in three years as it goes asset light

US hotel owners reeling under Covid pressure, brace for 2021: Report

US hotel owners are bracing for a difficult 2021, as the sector continues to reel from a historic drop in bookings caused by the COVID-19 pandemic, reported The Wall Street Journal (WSJ) on Saturday

Karnataka revises night curfew schedule; to come into effect from Dec 24

The movement of individuals shall remain strictly prohibited between 1 pm to 5 am in the state, except for essential activities

Staying safe from Covid-19 pandemic led to fast recovery in online biz

Revival in air travel, hotels, ride-sharing taking longer than expected

First weekend tepid for Mumbai restaurants with only 20% outlets opening

This comes as restaurants grapple with a 33% patron cap and restricted business hours, something many say will delay recovery

Hospitality finds little room in Kamath panel's debt restructuring plan

Majority of hotels do not meet the eligibility criteria of the RBI-appointed panel

Unlock 5.0: Street cautious about prospects of multiplexes, hotels

Low occupancies, capacity restrictions and safety concerns could make it difficult to reach breakeven levels

Social with a distance: Restaurants try new ideas to attract customers

According to the Indian Food Service Report 2019, the industry was pegged at Rs 4.23 trillion in 2018-2019

After hotels, banquet halls to be opened soon at half capacity: Tourism Min

Speaking at a webinar organised by the PHD Chamber of Commerce and Industry, the minister said the tourism sector has faced severe challenges due to the pandemic

Indian hotel industries' Revenue Per Available Room down 43.5% in 2020: JLL

Mumbai continues to be the RevPAR leader in absolute terms, despite the decline of RevPAR by 81 per cent in Q2 2020 compared to Q2 2019

Hotel industry presents wish-list of remedies in webinar with Piyush Goyal

Minister says he isn't anti-five-star, insists the state is willing to help, but hotels also need to come together as a sector

Survival during pandemic: Hotel industry is betting on staycations

Fearful of flying and wary of a second wave, travellers are taking to their cars and heading for resorts, spas and even motels

Service robots may increase efficiency of Covid-19 impacted hotels: Report

The researchers noted that their project completed in March 2020 just as Covid-19 broke out and as the virus rendered non-essential travel impossible

Covid-19: Hotels ready with new 5-star drill as govt eases lockdown curbs

Many changes have been made for the safety of guests and staff including temporary closure of spas, bars, gyms, and swimming pools