indian hotel industry
HVS Monday Musings: Indian Hotel Sector – 2021 Performance Review
Mandeep Lamba | January 31, 2022
By Mandeep Lamba, Dipti Mohan Following an abysmal performance in 2020, the Indian hotel sector found some much-needed hope in 2021, as it made steady headway on the road to recovery. The year began on a promising note with the commencement of the vaccination program, which, combined with a decrease in COVID cases, improved travel sentiment in the country. Domestic leisure travel drove the recovery throughout the year, with business travel also picking up as most businesses and organizations returned to a full or hybrid work-from-office model. Additionally, weddings and social events, as well as the resurgence of small-to-medium-...
Covid-19: Impact on the Indian Hotels Sector
Mandeep S Lamba | April 2, 2020
By Mandeep S Lamba, Akash Datta, Dipti Mohan The world is still coming to terms with the Covid-19 outbreak and there is no doubt that the pandemic will change the world as we know it. With the globalized world going into partial or complete shutdown, the overall impact on human life, economic growth and businesses is immeasurable, both in the short term and long term due to the uncertainty as things evolve. While most Economists and Analysts currently expect the global economy to rebound, by some measure in the latter part of 2020, the exact timeline cannot be determined till the virus is contained across the globe. Nearer home, the ...
Why Resorts Make Commercial Sense in India
Hotelivate Private Limited | August 13, 2018
Will the next few years belong to resorts in leisure destinations or to big city hotels that are driven primarily by commercial demand? Should investors focus on resorts or on business hotels? In an evolving hotel industry such as India's, such questions do not have one conclusive answer. This notwithstanding, some exciting trends have been observed in hotel development, operation and consumption, which point to the serious emergence of resorts as a credible investment class. 1) Consumption versus Investment – The Indian growth story has always hinged on two aspects: investment-led growth (linked to private capex which is still so...
Indian Tourism Landscape – Spiritual and Religious Tourism
Hotelivate Private Limited | June 4, 2018
Spirituality is entrenched into the very core of Indian culture. The country is the destination of choice for many who embark on a journey of spiritual growth and enlightenment. The Beatles put India on the world map when they ventured to Rishikesh to learn Transcendental Meditation at Maharishi Mahesh Yogi's ashram back in 1968. Today, spiritual tourism is a growing industry, with travel companies and hotel chains beginning to recognise its immense potential and opportunities. Spirituality is often confused with religion, with the words "spiritual" and "religion" often being used interchangeably. Spiritual tourism involves people trave...
