The hospitality sector, which had been financially hit since the
According to Bruhat Bengaluru Hotels’ Association president PC Rao, most of the hotel rooms are booked in Bengaluru as the city is hosting big-ticket events like India Energy Week, G20 meet and
As a result, almost all the hotel rooms in five-star categories have been booked. In case of three-star hotels, 85 per cent of rooms have been booked already.
“As the hotels follow a dynamic pricing, the room tariff has increased. Going by the current demand and supply, we foresee that there is a requirement of at least 10,000 hotel rooms in the near future. The increase in demand will also bring in new investment,” he said.
A representative of a premiere hotel said that usually, hotel bookings would be for the holiday season or wedding season. However, this year, as important events are being hosted, the organisers are booking the high-end hotels as they are expecting guests from other cities and countries. Such events were a clear indicator that they needed to have more events which would sustain the momentum in the hospitality sector.
As covid is at an all-time low, we are hoping the hospitality sector will revive
–a hotel representative
“During Covid, many were scared to enter hotels due to the infectious nature of the disease. Even the State Government had put restrictions like the events till 1 am and making masks mandatory. Now, thankfully as Covid is at an all-time low, we are hoping for a revival in the hospitality sector,” he said.
Counting down to Aero India
The stage is set for Aero India. The full-dress rehearsal for the biennial event will be held from Saturday at
In this edition of Aero show, a total 731 exhibitors have participated across the world. The five-day event will be inaugurated by