Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors
The data shows the average room rate of two-star hotels increased by 8.5 per cent in FY18, even though it lagged on occupancy at 61.8 per cent, down 1.4 per cent year-on-year
Belvedere members at the Oberoi here Delhi will not be charged the annual membership fee of Rs 143,125 for the two years
Corporate clients form more than half of the business for most branded hotels, especially in cities.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Given the hotel's prime location, it is obvious that there will be some serious bidders trying their luck when an auction is held in the second half of this calendar year.
Marriott-Starwood, Carlson Rezidor and others are winning the tug-of-war for customers with local hotel chains as they add new properties at a breakneck speed.
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