Bengaluru: With the emergence of recovery indicators, the hospitality sector has also witnessed a revival in room night demand in the last quarter of 2020, as compared to the previous quarters of the year.
Occupancy levels have grown month on month since September 20 to cross 35 per cent sector-wide in November 20 (as per STR data), which is the highest since beginning of the nation-wide lockdown in March 20. The revival of the sector has primarily been driven by leisure ‘revenge trave ..
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https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hotel-occupancy-levels-improved-to-35-in-november-2020-on-back-of-domestic-travel-jll/articleshow/80111556.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst..................ET