Business Today

Make The Most Of Your Debt

Four crucial factors that can make or mar your hotel business.

The travel and tourism industry accounts for 9.4 per cent ($234 billion) of India's GDP, and creates significant employment opportunities. Currently, there is a total inventory of 1.3 lakh rooms in the organised space and around 3 lakh rooms across mom and pop hotels or the unorganised segment. The aggregate inventory of rooms stands at around 4.3 lakh while the US has a supply of 50 lakh rooms and China 27 lakh rooms. So, it is imperative for India

Stai leggendo un'anteprima, registrati per continuare a leggere.

Altro da Business Today

Business Today1 min letti
GDP Growth Projections Down
↘ With the second wave of Covid cases intensifying, global agencies have revised downwards projections for India’s real GDP growth ↘ JP Morgan has indicated the sharpest decline by 2 percentage points to 11 per cent ↘ While most agencies have indicat
Business Today10 min letti
The Defenders
In January 2020, Satya Nadella, CEO, Microsoft announced that the $143-billion IT giant targets to remove more carbon from the atmosphere than it emits by 2030, and by 2050 it hopes to have taken out enough to account for all the direct emissions the
Business Today7 min letti
Coal Is Still Power-full
In 2015, Tata Power Company had a gross generation capacity of 8,726 megawatt (MW), mainly 7,607 MW of thermal power. Its green energy portfolio was barely 1,119 MW comprising 573 MW of hydro, 487 MW of wind and just 59 MW of solar. It had plans to a