city New Delhi India city Mumbai city Many hospital pandemic sports travelers reports Citi Manufacturing city New Delhi India city Mumbai city Many

Sports events, weddings boost post pandemic hotel occupancy

Reading now: 827
www.livemint.com

NEW DELHI : Sporting events have joined weddings to become major contributors to the post-pandemic rebound in the hotel sector in India, according to a report.

This has led many companies to respond with enhanced value propositions and earnings to capture the rising demand. Hotels and resorts are also no longer apologetic about charging commensurately for the facilities and services they deliver, according to the ‘India Hotel Market Review 2022’ report by hospitality consultancy Horwath HTL. “Several records were made and broken; budgets achieved mid-financial year.

In the context of the last 14 years, and particularly the last two years, one could be excused for terming this as a ‘dream year’.

About 65% of respondents to a survey conducted by us said it was their best year ever; another 30% ranked it as among the three best years ever for their hotel," said Vijay Thacker, partner and chief executive, Crowe Advisory India, managing director, Horwath HTL India.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Teacher's TikTok plea helps clear thousands of dollars in school lunch debt - fox29.com - state Utah
fox29.com
36%
257
Teacher's TikTok plea helps clear thousands of dollars in school lunch debt
HEBER CITY, Utah - A Utah middle school teacher has used the power of TikTok trends to raise more than $31,000 for students who owe lunch debt in his district.Garrett Jones, who teaches seventh and eighth graders in Heber City, Utah, said it all started when he noticed the TikTok trend of people saying, "If someone would Venmo me a dollar I could ________.""A lot of it was like, ‘pay for my wedding,' ‘take my kids to Disneyland,' ‘take six months off of work,'" he told FOX TV Stations in an interview. READ MORE: Family raises over $250,000 for pizza delivery worker who fell on their porchJones, however, asked his followers for $1 donations to pay the outstanding lunch fees for every student at his school, "because the last thing a kid should be worrying about is how much they owe for meals at a place they’re legally obligated to be," his video said."I kind of did it as a joke at first. I just thought it would be cool to put a more meaningful or positive spin on that trend," Jones recalled.When he first had the idea, Jones thought he could raise "$200 or $300 and maybe be able to help a couple of students.""I’d be thrilled with that, just helping a couple," he said.Rocky Mountain Middle School teacher Garrett Jones and his broadcasting class (Garrett Jones) But Jones’ plea resonated with people — by the thousands — and quickly took off.
DMCA