NIFTY  9,509.75  0.00%
  SENSEX  30,750.00  0.00%
 CURRENCY  Rs  64.62/$ 72.34/€, 83.25/£
  GOLD  28,644.00  -0.24%
  SILVER  39,770.00  -0.16%
  DAX  12,621.70  -0.17%
  FTSE  7,517.71  0.04%
  CAC  5,337.16  -0.07%
  HANG SENG  25,630.80  0.80%
  NIKKEI  19,813.10  0.36%
  Shanghai Composite  3,107.83  0.71%
  DOW JONES  21,082.90  0.34%
  NASDAQ  6,205.26  0.69%
  S&P 500  2,415.07  0.44%
RUPEE OPENS : Rupee Opens At 64.56/$ Vs 64.61/$ On Thursday

2013 Challenging For Hotel Industry: Rajeev Kaul

Video:

Play this video

December 27: Rajeev Kaul, President at Hotel Leela Venture, admits that 2013 was a challenging year for the hotel industry, with low demand and higher supply due to fresh room inventory. Certain hotspots saw growth but on average, revenue-per-room remained flat, he says, adding that the weak rupee will provide a fillip to growth in 2014.