Pre-pandemic hotel occupancy by Q3 2022: Mandeep Lamba

Mandeep Singh Lamba, President (South Asia), HVS ANAROCK, has said, “Our prediction is that we should reach pre-pandemic occupancy level around the 3rd quarter of 2022, and RevPar level at 3rd quarter of 2023. Bounce back will start in the middle of next year. As standards of medical fraternity will rise somewhere in the next year, most of the people will be inoculated and hopefully some vaccine will be there,” he said at a recent webinar.