Indian Hotel Industry – A Post-Pandemic Snapshot
Saying that Covid-19 has had an unprecedented impact on the hotels sector in India is putting it mildly. We anticipate the overall Indian hospitality sector (including organised, unorganised and semi-organised operators) to incur an estimated total revenue loss of approximately Rs 90,000 crore in 2020. By Mandeep Lamba The occupancy and average daily rate (ADR)