India’s hotels sector saw lower occupancy, inbound air traffic rose by 5 per cent in 2024: HVS Anarock

Giving an overview of India’s ‘Hotels & Hospitality’ sector, HVS Anarock revealed that India’s domestic air passenger traffic increased by nearly 5 per cent in January 2024 but the country’s hotel sector saw lower occupancy compared to pre-pandemic levels and continued growth in average rates.

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