Domestic travel will continue to aid recovery for hotels in 2021: JLL
India’s hospitality industry witnesses a decline of 54.9 per cent in Revenue Per Available Room (RevPAR) during January to December (CY 2020) as compared to CY 2019, according to JLL’s Hotel Momentum India (HMI) Q4 2020, a quarterly hospitality sector monitor. With the revival of domestic travel, emergence of recovery indicators has come to the rescue of the sector.
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