Hospitality sector: ICRA projects 6% growth in revenue; outlook...

Dununu.com Dununu

Sponsored

Hospitality sector: ICRA projects 6% growth in revenue; outlook revised to 'stable'

RSS Feed Business

Posted

51

India's hospitality sector is poised for steady growth, projecting a 6-8% revenue increase in FY2026, according to ICRA. While revising its outlook to 'Stable,' ICRA anticipates strong pan-India occupancy in premium hotels, reaching 72-74%. Average room rates are expected to rise to ₹8,200-₹8,500, fueled by limited supply and ongoing renovations.

Read Full Article

Please log in to like, share and comment!

Bollywood moms' fitness routine during pregnancy

By 0 1

ICC Cricket: Nepal to face Netherlands today

KATHMANDU: Nepal will take on the Netherlands today in the ongoing ICC Cricket World Cup League-2...

By 0 4

'Faster than a pickpocket': Shastri's hilarious tribute as Dhoni inducted into ICC Hall of Fame

Former head coach Ravi Shastri hilariously compared MS Dhoni’s lightning-fast wicketkeeping...

By 0 4

Govt weighs more NCLT benches to clear insolvency backlog

The government and IBBI are considering increasing NCLT benches from 63 to 80-85, along with...

By 0 6

Azim Premji Trust sells 20.2 crore shares worth Rs 5057 crore

By 0 6