Hotels to see 9-11% Revenue Growth in FY25: CareEdge Ratings Report
MUMBAI: Robust demand coupled with gradual alignment of demand-supply of branded hotel room inventory will see the hotel industry end at RevPAR growth of 12-14 per cent in FY 24, estimates CareEdge Ratings. The growth momentum in the hotel industry is expected to be sustained in FY25, resulting in likely y-o-y revenue growth by 9-11% … Read more