CareEdge Ratings in its report highlighted a 12-14% revenue per available room growth for the hospitality industry in FY2024, followed by a 9-11% growth in FY2025. This will make it the third straight year of an upcycle. Pan-India, ARRs are expected to be around Rs 7,200 to Rs 7,400 in the current fiscal, which is likely to rise further to Rs 7,700 to Rs 7,900 in the next fiscal.
Read More »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.
Read More »Cross Paasha Bali Seminyak Elevates to 5-Star Hotel: A Fusion of Natural Beauty, Unique Traditions, and Chic Luxury
With immense pride, Cross Hotels & Resorts announces its esteemed Cross Paasha Bali Seminyak has officially been upgraded to a 5-star hotel status. Situated in the lively Seminyak area of Bali, this property marries the essence of chic luxury with the timeless charm of Balinese culture, offering an inviting haven for discerning travelers. Setting the Standard for Natural Luxury At Cross Paasha Bali Seminyak, each of the 99 suites has been uniquely crafted, celebrating the harmony between modern luxury and Bali’s natural beauty. The design seamlessly blends contemporary chic aesthetics with local artisanal elements, creating spaces that are both tranquil and luxuriously comfortable. From the master piece grand penthouse to curated suites, guests are treated to breath-taking views and an ambiance that is both calming and invigorating. Signature amenities, including the bespoke Sensatia Botanicals bath products and freshly brewed coffee from Cross Paasha Bali Seminyak’s own First Crack Coffee, elevate the everyday into a realm of natural, elegant indulgence. A Journey of Culinary Craftsmanship and Social Connection The social and dining scenes at Cross Paasha Bali Seminyak redefine the culinary and leisure experience in Bali. The Rooftop Restaurant and Bar offers a carefully curated dining experience that merges global culinary craftsmanship with the island’s spirit. Alongside, the upcoming Tap Room, Coffee Shop, and the hidden Speakeasy Bar each adds a unique flavour to the eclectic mix, promising memorable nights filled with crafted beverages and natural, inviting ambiance. An Oasis of Wellness and Chic Luxury The upgraded 5-star status further encompasses a commitment to wellness, with a gym and spa designed to refresh and balance between physical activity and tranquil relaxation. Adding to the luxurious, the hotel now offers a spacious …
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