Indian hospitality industry registered burly growth in 2007-08 and even though hotels in Garden City, Hyderabad and Pune curved in slightly due to over ability, average room rates (ARRs) for branded hotels across star group carried on to observe strong growth in most cities. According to hotel consultancy HVS Hospitality Services, Delhi and Mumbai observed uppermost room prices in the country fixed for about Rs. 10,200 per night. Lastly, Bengaluru witnessed a small revise in room prices and it recorded a room price of Rs. 10,100 slightly less than Rs. 10,545 that it ruled previous fiscal.
Siddharth Thaker, Associate Director of HVS Hospitality Services said to www.propertykhazana.com that, “Generally the residences in most markets reduced as ARRS witnessed a hike. Going ahead, we will observe improvement in ARRs in coming 2 years and most of the markets have pointed out in terms of residences while revenue wise this was the better years for the hospitality industry.”
Taj Group of Hotels MD, Raymond Bickson said to www.propertykhazana.com that, “Crosswise board we registered residences of 75%. The revenue for per room this year is good and ARRs might reduce a little while tourism segment gazes burly.” Even if residences were not considerably advanced this year, hotels still handled good revenues owing to room prices.
Grand Group of Hotels, COO Farhat Jamal said at the www.propertykhazana.com that, “Right now Group runs 7 hotels in the country and has observed a growth of 22% previous year. It likely to be a constraint on revenue but did not make any big crash in 2007-08.” Peter Leirgeb President & CEO of Claridges Group of Hotels said that incomes were not crashed mainly as most hotels had started extracting in rupees in the 2nd half of the year.
Apartments, Flats and Property for Sale in New Delhi
Aug 01, 2015
Victorian Corporation is offering 2 bhk flat in Dwarka L Zone Delhi in its new residential project Victorian Privilege. The project is located in..
Jun 11, 2014
Antriksh Group launches a world class famous residential project of Antriksh Golf City noida. Types :Apartment, 2BHK, 3BHK Sizes :1050 - 1665 sq..
Apr 11, 2014
Well located apartment available for sale with all the modern amenities like power-backup, intercom, 24 hours security with CCTV surveillance,..
Mar 15, 2014
3 Bhk apartment for sale in rohini ........Please contact for more..
Mar 12, 2014
Available 1st and ground floor for sale at reasonable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,very near to main..
Feb 22, 2014
3 bhk apartment for sale in rohini delhi north.....please contact for more..
Feb 22, 2014
3 bhk apartment for sale is available in delhi north ..........please contact for more..
Feb 11, 2014
When you want to create a fresh perspective for your life, this is the best real estate option for you and your family. A self sufficient township..
Feb 10, 2014
Corner,200 yards (1800 sq Ft covered area),Freehold property,located in commercial road,in LAJPAT NAGAR-1, New Delhi.Three side balcony,3 Big Bed..
Dec 07, 2013
House is a building for human habitat on. It is one of the basic needs for many people, owning a home brings a sense of pride freedom that cannot..
Apartments, Flats and Property for Rent in New Delhi
Jul 19, 2016
For Rent New Friends Colony, Newly Built Second Floor 3 Bedrooms attached bathrooms, Drawing-Dining, Modular Kitchen, Excellent Wood work, Car..
Jan 14, 2016
For Rent at New Friends Colony, Nicely Built Third Floor 3 Bedrooms Attached Bathrooms, Drawing, Dining, Modular Kitchen, Car Parking, Woodwork,..
Jan 14, 2016
FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, S.Q. RENT..
Jan 06, 2016
FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, RENT..
Mar 12, 2014
Available 1st floor on rent in affordable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,nice location,very near to main..
Feb 25, 2014
Fully furnished 1 room with attached bathroom surrounding by green..
Jan 04, 2014
We offer our 3 BHK furnished apartment in defence colony. Apartment has three bedrooms with attached bathrooms. It has a modular kitchen which is..
Jun 05, 2013
1 ROOM SET, 1 BHK AND 2 BHK FULLY - FUNISHED are available for Rent in New Delhi at VASANT..
May 04, 2013
leigh appartment first floor for family, for sale in New..