A couple from Punjab’s Ludhiana was injured after part of a roof of Hyatt Regency Hotel collapsed on them on Monday night. Rohit Meena, DCP (Southwest), said they received a PCR call at 8.56 PM at the R K Puram Police Station regarding the collapse of the roof at the five-star hotel and the injury to couple staying there. Amit Jain, 42, his wife Reva Jain, 32, residents of Civil Lines in Ludhiana, were rushed to the Fortis Hospital in Vasant Kunj. “Amit has received head injuries while his wife…
Tag: hotel
Indian hotel stocks: Hotel stocks likely to remain bullish as occupancy rates top pre-Covid levels
[ad_1] Among the listed companies, Indian Hotels and Lemon Tree Hotels are likely to report higher earnings given their strong balance sheets and cost-efficiency. essence According to various estimates by brokerages and research firms tracking the hospitality sector, the average occupancy rate reached 66% at the end of the June 2022 quarter. The occupancy in 2019 was 66.1%. Factors such as improvement in leisure travel, stagnant demand from corporate travel, and large events and conventions have contributed to the improvement in occupancy. ET Intelligence Group: India’s hotel sector is on…