Big Room For Growth In Hotels
  • WebDesk BTVI
  • Mar 28 2019

According to Pavethra Ponniah of ICRA, domestic hostel industry will register topline growth of 10 to 11% n FY19 and the revenue growth of the companies are supported by pick-up across room revenues and Food and beverage. The demand for rooms will continue to grow by 8 to 9% over medium term, she added.