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Pent-up demand set to boost hotel sector prospects

High inflation could squeeze profitability though
Home advantage for hotels, but earnings show it’s a small room to view

Foreign tourism has to improve to push occupancy and room rates higher from the current levels
Luxury hotels may be the last to recover from the pandemic

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
New units to ramp up by FY17, aid margin expansion: Narayana

Currently, Narayana Hrudayalaya is in the process of commissioning four new hospitals, one each in Mumbai, Lucknow, Bhubaneshwar and Kenya, says CFO Kesavan Venugopalan

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Occupancy Rate

Pent-up demand set to boost hotel sector prospects

Home advantage for hotels, but earnings show it’s a small room to view

Luxury hotels may be the last to recover from the pandemic

New units to ramp up by FY17, aid margin expansion: Narayana