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Total 25 results found. Search for [ RevPAR ]

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July 1, 2020
The survey conducted by real estate consultancy firm JLL further said that only 20% of respondents believe that their hotels could bounce back to 2019 Revenue Per Available Room or RevPAR levels within 6 to 12 months

Manu Kaushik
June 25, 2020
Coronavirus pandemic has upended the fundamentals of hospitality sector, including Oyo; occupancies are down, room rates are down, the economy is limping, and state-specific restrictions have only made it difficult for the sector to gain travellers' confidence

Nidhi Singal
New Delhi, June 24, 2020
From smartphones doubling up as room keys to real-time data access for staff to new solutions for cleaner air, technology is transforming the hospitality sector

Manu Kaushik
New Delhi, May 29, 2020
The other key parameter ADR (average daily rate) has come down sharply as well. For instance, the average room rate for a branded hotel in April was Rs 4,113 per night, which was 27 per cent lower than the ADR in the same month last year

Niti Kiran
April 29, 2020
The fall was less steep compared to key Asian markets, which fell 65.4 per cent in China, 64.7 per cent in Malaysia, 62.6 per cent in Thailand and 53.6 per cent in Singapore, during the same period

Manu Kaushik
New Delhi, February 18, 2020
Why the fast-growing hotel chain had to scale down

January 31, 2020
Net sales increased 5.71 per cent during the December quarter this fiscal to Rs 13,220.30 crore, as opposed to Rs 12,506.05 crore in the corresponding period a year ago

Manu Kaushik
November 7, 2019
Experts believe that hotel operators are likely to increase room tariffs so that the outgo for customers remains in the same range as before the GST rate cuts

Manu Kaushik
September 25, 2019
The reduction in GST (goods and services tax) in the third week of September is expected to give confidence to hotel companies to increase tariffs

July 22, 2019

July 22, 2019

June 18, 2019

New Delhi, May 13, 2019
ITC Q4 profit surges 18.72% to Rs 3,482 crore versus Rs 2932 crore in the same quarter last year; Revenue increased to Rs 12,206 crore in Q4FY19 compared to Rs 10,586.80 crore in Q4FY18

April 10, 2019

April 9, 2019

March 6, 2019

Manu Kaushik
New Delhi, September 28, 2018
In an interaction with Business Today, Bauwens spoke about his plans for the Indian market.

Aatish Nath
Delhi, November 13, 2017
International hotel chains are using a multibrand and asset-light strategy to grow faster.

Manu Kaushik
July 26, 2016
In India, the demand for luxury hotels is limited compared to budget and mid-market segments. Then, for a brand-conscious domestic luxury traveler, Steigenberger Hotels and Resorts is fairly unknown brand.

S. Ramakrishna Velamuri and Dong Liang
April 18, 2015
Having started with economy hotels in 2005, Ji Qi, Founder of the China Lodging Group, gradually brought in midscale and upscale properties into his portfolio. Growth has been phenomenal, and targets going forward are equally so.

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