The Indian Hospitality industry has become the backbone of the Indian economy. It contributes nearly 9% of the overall GDP and created one of the four new jobs in the country. However, with the outbreak of COVID-19, the sector became standstill with a small demand from the key sectors. Not only the hospitality industry but...

The Indian Hospitality sector has undergone severe changes over the last six months. The sector which was at its peak during 2019 witnessed a hard blow due to the outbreak of COVID-19 impacting the economic activities across the globe. The tourism sector which contributed around 9% to the global GDP was one of the worst...

Revenue management has become one of the key aspects of a successful hotel. Yet many of the hoteliers in India are yet operating in a traditional way without the proper system in place. Today post the entire world is reeling under stress due to COVID-19 outbreak and the tourism industry is struggling the most of all...

A widespread growth tactic in the hospitality industry is ‘Hotel Conversions,’ also known as reflagging or rebranding. Conversion is the process of a branded hotel chain adopting a standalone hotel or another hotel brand under its wing. While this phenomenon is decades old, Noesis Capital Advisors decided to look closer at many of its facets...