+91-22-66638220 / 21/ 22

Hotel industry to see modest 6% growth in FY16: ICRA

Industry Hospitality

According to ratings agency ICRA, the Indian hotel industry will witness a modest growth of 5 to 6 per cent in the current fiscal due to delays of under-construction projects. The report further said that the revenue growth for the industry is expected to remain weak in the first half of 2015 with a growth rate of just 3 to 4 per cent and operating margins are likely to be flat.

Extracted from Indiaeveryday, June 30,’15


Sales Skills Test


Sign up to receive from Domex's e-Shop

Special subscription offers and free sample e-bulletins.

12 different e-bulletins in Excel & PDF available