The Market Snapshot: Asia Pacific 2021 highlights an overview of transaction activity in the region and presents 26 cities’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.
2020 was a challenging year for hotel transactions in India, with hotel transactions value in the country contracting by approx. 50% compared to the previous year. The uncertain market conditions and COVID-19 related restrictions suppressed M&A activity during the year as companies adopted a wait-and-watch policy.
Hotels play a key role in creating successful leisure destinations. Good quality hotel supply can go a long way in developing fledgling tourist places into established leisure destinations. Read on to know more.
As the COVID-19 emergency continues to spread across nations, everyone is experiencing some level of uncertainty and disruption. On a more positive note, not all news is bad news. The hospitality and food & beverage (F&B) industry in India, along with the government, are constantly working to alleviate the impact of COVID-19. Our hotel and restaurant heroes are working tirelessly during these unprecedented times to help the country tide over the current crisis. Find out how!