Hotel development in India booms as access to smaller cities growsIndian development of infrastructure and connectivity, notably in secondary and tertiary cities, is sparking aggressive growth push from the branded hotel sector as companies take advantage of an undersupplied space.
Having a clear line between the acquisition side and the portfolio management side will improve efficiencies, Chief Investment Officer Alessandro Colantonio said.
Sri Lanka, a South Asian island nation off the cost of India, has seen rebounds in its tourism and hospitality industry as more demand segments return.
Sri Lanka, a South Asian island nation off the cost of India, has seen rebounds in its tourism and hospitality industry as more demand segments return.
The scorching summer has not emptied hotels or derailed bookings, but analysts say rising temperatures are already beginning to reshape patterns across the continent.
The scorching summer has not emptied hotels or derailed bookings, but analysts say rising temperatures are already beginning to reshape patterns across the continent.