E-PaperOccupancy Rates News
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 2018Hotels: 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 2018Why 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 2017Hotels: 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 2017GST 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 2017Hotels: Not yet party time
Data available from STR Global shows higher occupancy rates in the first quarter for fiscal 2016 compared to a year ago
1 min read14 Mar 2016Hike in room rates not enough to boost Indian Hotels shares
Hike in room rates will lift profitability, especially if it comes along with higher occupancy rates over a sustained period
1 min read23 Dec 2013Popular Topics
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