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Unbranded Hotels look to ‘conversion’ for growth SHALLY SETH MOHILE

Home - Noesis in News - Unbranded Hotels look to ‘conversion’ for growth SHALLY SETH MOHILE

Unbranded Hotels look to ‘conversion’ for growth SHALLY SETH MOHILE

Indian Hospitality market has seen close to 7133 hotel rooms being convert into organized, branded space over the last 36 months. This is 5.5% of 130,000 rooms in organized space. We foresee by 2020 the percentage of conversions in the branded properties to double to 10%. Source: Noesis Research

Read More : https://www.pressreader.com/india/business-standard/20190131/281616716598670

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