Vijayawada hotels see low occupancy despite rush for Dasara and two other events
Hoteliers say most devotees return home by evening without staying in the city
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Hoteliers say most devotees return home by evening without staying in the city
Whitbread Plcโs Chief Executive Office Dominic Paul scrapped plans for some new UK hotel sites after higher business rates made them too costly to pursue.
Investor appetite for hotel assets increased in Hong Kong and the wider Asia-Pacific region in the first half of the year as consumers showed growing eagerness to travel and constrained supply supported property values, according to CBRE. The region netted US$8 billion of investment in the period, up 21 per cent from a year earlier, with Japan, mainland China and South Korea attracting the most activity, the property consultancy said in a report on Thursday. โHotels have become one of the most...