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Hospitality industry | Indian Hotels Company | Lemon Tree Hotels
Devangshu Datta | New Delhi
Last Updated at June 7, 2022 22:59 IST
https://mybs.in/2awFoIl
The hospitality industry seems to be on the recovery path. For the first time since March 2020, occupancies moved above the 65 per cent mark in April. Average room rates (ARR) are now 4 per cent higher than in April 2019 (pre-Covid). Revenue per available room (REVPAR) is also about 5 per cent above the April 2019 figure.
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First Published: Tue, June 07 2022. 21:40 IST
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