Branded hotels to log 13-14 pc growth this fiscal on demand surge: Report
Branded hotels in India are projected to experience 13-14 percent revenue growth in 2024-25 and 11-12 percent growth in the next fiscal year, driven by increased domestic travel, MICE segments, and foreign tourist arrivals. Room supply will increase significantly, improving operating margins and occupancy rates, while maintaining strong cash flows and manageable debt levels.
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