Economic TimesLean R·
India's hospitality companies' revenue to grow 7-9% in FY27, West Asia conflict poses downside risks: ICRA
India's hospitality sector anticipates seven to nine percent revenue growth this fiscal year. Premium hotel occupancy is expected to remain stable at seventy-two to seventy-four percent. Average room rates for premium hotels will likely increase to eight thousand six hundred rupees. Operating margins for these hotels are projected to be similar to last year's figures. However, geopolitical tensions pose potential downside risks to this outlook.
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