Luxury hotels may be the last to recover from the pandemic

Vatsala Kamat • July 09, 2020 / 09:33 IST

Occupancy rates of luxury hotels may drop to 30-40 percent, a multi-year low and a steep fall from an average of 65 percent in FY20 and 69 percent in FY19, say analysts

File image(Image Source: Reuters)

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