Occupancy fall among steepest for Indian hotels - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Occupancy fall among steepest for Indian hotels

As per hospitality consultancy HVS Anarock’s Hotels & Hospitality Overview, occupancies in India declined 81 per cent in April from a year earlier. HVS is expecting a similar decline for May as well. In the US, occupancies during April shrank almost 64 per cent while for the UK, the decline was 71.3 per cent as per HVS and STR data.

from Industry-Economic Times
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