06 January 2025
06 January 2025
Despite falling room rates, operating profits improved, offering a glimmer of hope amidst economic pressures.
This growth marks an increase from the previous year's 149,685 rooms in 820 establishments.
The financial arrangement was organised by Jared Cassidy, a senior director at MMCC's office in Washington, DC.
The hospitality industry is undergoing a technological transformation, with automation and personalisation taking centre stage.
Hotels leveraging online booking platforms have shown stronger performance compared to those relying on group tours.
The property will have two outdoor spaces capable of hosting up to 10,000 guests and two indoor halls covering a total of 1,100m².
The 212-bedroom hotel is a strategic expansion in central London.
Its location affords easy access to the Indira Gandhi International Airport and is 2.5km from the cyber hub of Gurugram.
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