HVS ANAROCK’S latest monthly newsletter titled ‘Hotels and Hospitality Overview’ states that brand openings and signings (by property) increased marginally in the first half of 2021 compared to last year. During this period, 19 hotels (14 in H1 2020) were opened and 49 hotels (46 in H1 2020) were signed. Hotel operators signed smaller hotels with increased focus on tier-III and IV cities.
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