HomeNewsOpinionChart of the Day| Premium hotels rush to add capacity as the sector defies consumption slowdown

Chart of the Day| Premium hotels rush to add capacity as the sector defies consumption slowdown

Moneycontrol Opinion • February 09, 2025 / 11:53 IST

The healthy demand uptick is leading to pick-up in new room supply and commencement of deferred projects in the last 24-30 months

In fact occupancy rates (OR) in the industry are rising steadily, crossing an average of 70 per cent.

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