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
Corporate clients form more than half of the business for most branded hotels, especially in cities.
Sectoral players feel addition of rooms could hit earnings.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The renovations at the old hotels will be complete in two and a half years and tariffs will range between Rs 2,500 and Rs 4,000
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Butterflies aren't just easy on the eyes. Their presence in a place indicates the relative health of the environment.
The Tata group-owned budget hotel chain is going back to drawing board to reboot the brand. Is it too late?
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
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