The hotel sector is optimistic about revenue and occupancy in 2022–2023, thanks to a strong first quarter. ICRA data shows that during the quarter, occupancy rates in India’s premium hotels ranged from 56% to 58%, up from 40% to 42% in FY22 and not far from the pre-COVID-19 occupancy of 60% to 62% in Q1FY20. The Pan-India hotel occupancy will be 68-70% for FY2023. Hotel owners are making efforts to boost profits post-COVID-19. Others are … Read More

The way we work and live has been totally changed by tech. This fact applies to the hospitality sector, which has over USD 3900 billion global market size, and to the hotel sector worth over USD 570 billion. The key to using smart tech is to redesign the guest experience and personalize your hotel’s services so that each guest feels valued. It is crucial because when you satisfy your customers, you can drive revenues. Key … Read More