The Tata group-owned hospitality company has been highlighting its transition towards a capital-light growth strategy, with a greater focus on operating hotels through management contracts
Peak season is expensive by default, but small choices on dates, routes and cancellation terms can cut the damage
According to industry observers, apart from IndiGo’s meltdown, Delhi’s hotel inventory was already under pressure due to a number of events in last few days, which included high-profile weddings, and even the arrival of Russian President Vladimir Putin.
Dependence on foreign tourists has waned. Differential in demand-supply of hotel rooms is likely to widen between FY25 and FY31 on the back of strong domestic travel