The Indian hospitality sector has recorded another year of strong performance, marked by stable occupancy and rising room rates, even as construction costs and development dynamics continue to evolve. According to Hotelivate-Savills, increasing supply and shifting cost structures are shaping a more nuanced growth phase for the industry.The Indian hospitality sector has recorded another year of strong performance, marked by stable occupancy and rising room rates, even as construction costs and development dynamics continue to evolve. According to Hotelivate-Savills, increasing supply and shifting cost structures are shaping a more nuanced growth phase for the industry.
India’s hotel construction landscape shows stable core costs, rising fit-out spend: Report
