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This Article is From Apr 29, 2021

Hospitality Sector - Gradual Recovery Mode: Dolat Capital

Hospitality Sector - Gradual Recovery Mode: Dolat Capital
Taj Vivanta - An Indian Hotels Company Ltd. brand. (image Company website)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

We recently hosted call with Hotelivate's management.

Hotelivate a leading hospitality consulting firm has come up with its annual FY21 statistics and pulse (erstwhile trends and opportunities) report.

It throws light on occupancy and average room rate trend on a nationwide basis as well as across segments (luxury, upscale etc), top-10 cities and quarterwise performance of FY21.

It also provides the outlook for FY22 and FY23. Key takeaways from the report and call are:

  • Asia Pacific as a region witnessed the highest revenue per available room decline at 71% year-on-year in FY21.

  • Industry occupancy is expected to come back to normalcy in FY23 at 64.9% versus 65.4% in FY20.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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