Showing: 1 - 1 of 1 RESULTS
HotelScapes

Cautious optimism the underlying tone in 2019; ADRs to go up, forecasts HVS-ANAROCK Report

2019 is expected to be a mixed bag for the hotel industry and Mandeep Lamba’s report suggests that cautious optimism will be the underlying tone in the election year. The election season is expected to cause a temporary fall in corporate travel numbers, the mainstay of revenue for most hotels. Post elections, the report foresees numbers swelling up when there is more clarity on the policy-front. Budget-hotel aggregators have emerged as significant players and are …