Chandigarh’s hotel sector has recovered quicker than many other Indian hotel markets, thanks to its strategic location as the gateway for travelers heading to various leisure destinations in the Himalayan region, as well as demand from the wedding segment. Read on to know more.
2022 will be a crucial year for the Indian hotel sector as it continues its uphill journey on the long road to post-COVID recovery. As we enter the new year, let us look at the top trends that are likely to shape the sector in the year ahead.
The Indian hotel sector once again showed resilience in 2021, navigating through uncertainty, adapting to an ever-changing environment, and persevering through the ups and downs on the rocky path to recovery by building on the lessons learned the year before. Read on to know more.
The pandemic has created a whole new segment of local staycations, and business hotels now have the opportunity to attract this segment even when business travel returns to its peak.
RevPAR across Canada September YTD is up 18% but still only at 45% of September YTD 2019. 2022 should prove to be a strong recovery year!
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The popularity of staycations has grown manifolds in the last year. However, a prevalent debate in the hospitality industry is whether this is a passing fad or a long-term trend. Read on to learn more.
The Indian luxury hotel segment has been regaining developer interest in recent years due to the evolving market dynamics.
For many travelers, a holiday represents a dreamlike escape. Rishabh Thapar, Director of HVS’s Middle East and Africa team, tells us why Morocco is hitting all the high notes with explorers looking for something a little different.
Limited-Service hotels are leading the recovery in 2021 with YTD June showing higher occupancy than in 2020 and RevPAR down only just over $1. Full-Service hotels face greater challenges but the light at the end of the tunnel is starting to shine!