MUMBAI: The Indian lodge trade is predicted to report a 7-9% income progress in FY2025, over the 14-16% progress anticipated in FY2024, stated credit standing company ICRA on Tuesday.“ Sustenance of domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions (MICE), including weddings and business travel (despite a temporary…
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Lodges to see 9/11% Income Development in FY25: CareEdge Scores Report
MUMBAI: Strong demand coupled with gradual alignment of demand-supply of branded lodge room stock will see the lodge business finish at RevPAR progress of 12-14 per cent in FY 24, estimates CareEdge Scores. The expansion momentum within the lodge business is anticipated to be sustained in FY25, leading to doubtless…
