The group surveyed its 20,000 members and found that about seventy seven p.c of respondents who own hotels underneath both model or both thought a merger would hurt their enterprise. Lemon Tree Hotels has established a distinct segment for itself within the mid-market section and is increasing its presence in the Hotels News top segment. The company is anticipated to learn from rising demand and slower provide in key markets like NCR and Mumbai. The recent opening of mega conference centers in these cities will bring important modifications in dynamics.
- The hotel business as an entire has continued in its global post-pandemic recovery, but it’s additionally skilled some overarching challenges and celebrations throughout the year.
- The Oberoi Group said the Oberoi Concours d’Elegance will set a ‘new benchmark’ to showcase the ‘finest’ classic and classic vehicles and bikes from India and overseas.
- As Australia’s hospitality retailers look in path of delivery companies to bolster enterprise in the course of the COVID-19 pandemic, CBRE has launched a report on the emerging darkish kitchen trend feeding Australia’s rising meal delivery economic system.
- Expected to open in 2025, the new development hotel shall be located within the centre of Kraków, and will be the first hotel beneath the method to life TRIBE model within the country.