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The hotel industry in India is poised for continued strong growth, with CareEdge Ratings forecasting a 9-11% year-over-year increase in revenue for hotels in FY25. This comes after an estimated 12-14% growth in RevPAR (revenue per available room) in FY24, driven by robust demand outpacing supply. [11]
STR, Inc. is a subsidiary of CoStar Group that provides market data on the hotel industry worldwide, including supply and demand and market share data. The company has a corporate headquarters in Hendersonville, Tennessee, an international headquarters in London, England and offices in Italy, Dubai, Brazil, Singapore, Tokyo, Jakarta, Sydney, and Beijing.
HOTELS is a trade publication serving the information needs of the worldwide hospitality industry. Established in 1966, HOTELS is published monthly. [2] Regular features include design, food and beverage, technology, and a global update section with industry news, executive interviews and marketing stories. Along with monthly print articles ...
In the three years since America’s leisure industry was nearly killed off by the pandemic, it has come roaring back: Hotels are fully booked, room prices in some regions are nearly double what ...
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Opening: March 2024. Another hotel to watch is the first property from Janu – the little sister brand to ultra high-end Aman – which will launch in Tokyo’s Azabudai Hills in March with eight ...
Hotel, hospitality, and tourism services [31] – daily revenue or yield management strategies are a popular practice within the hotel sector, particularly prominent in mature and large hotel markets such as in Western Europe and the North America. Key operating indicators Occupancy Rate (OR), Average Daily Rate (ADR) and Revenue per Available ...
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