Search For "occupancy rates"
The Invisible Guest: Why India's Hospitality Recovery Demands a Quality Re
Updated : 1 month ago IST
New Delhi [India], February 9: India's hospitality sector stands at an inflection point. With international tourist arrivals projected to surpass pre-pandemic levels and domestic travel reaching new heights, hotels across the country are experiencing unprecedented demand. Yet beneath this bo
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USGBC Opens LEED v5 Project Certification, Unveils New Tools and Resources
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], November 4: Today, the U.S. Green Building Council (USGBC), the global developer of the LEED (Leadership in Energy and Environmental Design) standards, opened certification to the LEED v5 rating system and announced new tools and resources for users of the world
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Homestay, heart, and the hues of Mumbai
Updated : 5 months, 1 week ago IST
Adore Homes today is a constellation of stories scattered across Bandra -- 15 properties, over 7,000 guests, and occupancy rates that make seasoned hoteliers blink
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CBUAE projects UAE's real GDP growth to reach 6.2 per cent in 2025
Updated : 1 year, 8 months ago IST
Data for Q1 2024 indicated that Dubai sustained its role as a top international tourism hub. The emirate's hotel occupancy rates stood at 83 per cent, equal to the previous year's figures, while the average duration of stay per visitor was almost unchanged at 3.9 nights, yet there was a 2 pe
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Emirate of Ajman records 7 pc growth in tourism revenue in Q1-24
Updated : 1 year, 10 months ago IST
The Emirate of Ajman witnessed a 7 per cent increase in total tourism revenue in the first quarter of 2024, driven by a 3 per cent rise in occupancy rates and a 9% growth in visitor numbers compared to the same period in 2023.
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Rainbow Children's Hospital (RCML) posts stellar Q4 results, profit jumps
Updated : 2 years, 10 months ago IST
Hyderabad (Telangana) [India], May 16 (ANI/PRNewswire): Rainbow Children's Medicare Limited (RCML), a leading multi-specialty pediatric and perinatal care hospital chain in India, has announced its financial results for the fourth quarter and fiscal year ending on March 31st, 2023. The compa
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COVID-19: Brazil sees record-high ICU occupancy
Updated : 4 years, 11 months ago IST
Rio de Janeiro [Brazil], April 8 (ANI/Xinhua): Occupancy levels at Brazil's intensive care units (ICU) have surpassed 90 per cent in 21 of the country's 26 regional capitals, the highest rates since the country's first COVID-19 case was announced.
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Oyo supports asset owners as occupancy plunges amid COVID-19 extended lock
Updated : 5 years, 10 months ago IST
New Delhi [India], April 20 (ANI): With plunging occupancy rates due to COVID-19 lockdown, hotel chain and room aggregator Oyo said on Monday it is taking a series of measures to support asset owners in different regions of the country.
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Railways introduce up to 25 per cent discounts for vacant seats in trains
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 28 (ANI): With an aim to improving occupancy, railways is set to introduce up to 25 per cent discounts in fares for trains like the Shatabdi Express, Gatiman Express and Tejas as well as double-decker and Intercity trains, which have low occupancy rates.
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Airbnb's explosive growth shakes up the hotel industry
Updated : 6 years, 10 months ago IST
Washington D.C. [USA], Apr 20 (ANI): Recent study has found that the exponential growth of Airbnb is shaking up the hotel industry as it is devouring an increasing share of hotel revenues. Moreover, it is dropping down room prices and occupancy rates.
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