Occupancy News

Money

Opinion | Scenarios when banks lend even if a property lacks occupancy certificate

Occupancy certificate isn’t needed when you apply for a home loan for a property that is under construction

3 min read30 Dec 2019
Market

Hotel stocks raise a toast to improving fundamentals after a decade of turmoil

Pan-India occupancy rates have touched a respectable 70% and have sustained above 65% for many quarters now, analysts say

2 min read23 Apr 2018
Market

Hotels: lead indicators point to a turnaround

Slowly but surely, the hotel sector is coming out of the supply glut that dragged it into a near debt-trap after the global economic recession in FY2009

2 min read20 Mar 2018
Market

Why robust tourism numbers are yet to spice up the hotel sector

Only if growth in tourism and passenger traffic continues at the current pace and translates into a sustained revenue growth for hotels will it spice up their operating performance

2 min read24 Nov 2017
Companies

Air traffic soars 20.52% in October

Airlines carried 1.04 million passengers in a month marked by major festivals including Diwali, during which airlines offered competitive fares this year to boost demand

1 min read17 Nov 2017
Market

Hotels: Occupancy improves but higher room rates key for margins

Hotels's growth rates could be improved through a sharp rise in average room rates that have been stymied for many years

2 min read14 Sep 2017
Money

A ‘return to invoice’ cover can pay the original cost of a vehicle instead of the IDV

In case of total loss of the vehicle, the insurer would reimburse the total sum assured of the policy, that is, the insured declared value (IDV)

3 min read4 Sep 2017
Videos

Connaught Place is ninth-costliest office market in the world: CBRE report

Office space in New Delhi's Connaught Place is costlier than in Mumbai, Dubai, downtown Boston and Shanghai, said the CBRE report

27 Jun 2017
Industry

Connaught Place is ninth-costliest office market in the world: CBRE report

Office space in New Delhi's Connaught Place is costlier than in Mumbai, Dubai, downtown Boston and Shanghai, said the CBRE report

1 min read16 Jun 2017
Market

GST could put luxury hotels in a soup unless travellers pay more

Premium and luxury hotels, where room tariffs exceed Rs5,000 per day, would be slapped with a 28% GST

2 min read16 Jun 2017
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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