By Mandeep S Lamba and Dipti Mohan Following an abysmal performance in 2020, the Indian hotel sector found some much-needed hope in 2021, as it made steady headway on the road to recovery. The year began on a promising note with the commencement of the vaccination program, which, combined with a decrease in COVID cases, improved travel sentiment […]
According to GlobalData’s recently published report, ‘Niche Tourism, 2022 Update – Thematic Research’, demand for niche tourism holidays and experiences is growing among Generation Hashtag (defined as people born between 1991 and 2005). Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “Generation Hashtag is a driving force behind the experience economy, which is defined as […]
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~ POSTS PROFIT AFTER TAX OF RS. 76 CRORE IN Q3 FY 2021-22 ~ 30.4% EBITDA MARGIN IN Q3 FY 2021-22 MUMBAI, FEBRUARY 1, 2022: The Indian Hotels Company Limited (IHCL) reported its consolidated financials for the third quarter ending December 31st, 2021. Revenues up by 85% toRs. 1134 crore in Q3 FY 2021-22 vs Q3 FY 2020-21 EBITDA improves by 805% to Rs. 344 crore in […]
Written by Hoteliers Web