Hotel investment to remain buoyant in 2023 as hotel performances strengthen: Jaideep Dang

“We expect the hotel investment climate to remain buoyant in 2023 as hotel performances continue to strengthen. Hotels across major business and leisure destinations are performing either at par or at a higher level than the pre-covid RevPAR (revenue per available room) levels. This recovery has renewed confidence in the sector resulting in more development and investments. We believe this momentum will continue through the year-end,” said Jaideep Dang, managing director, hotels and hospitality group, India, JLL.