City-based hotels had a great run from 2013 to 2019. Those in Mumbai posted an average 77% occupancy in 2019, according to STR, witnessing a steady 1% to 2% increase in full-year occupancy annually since the preceding five years.
However, these properties faced tough times after the pandemic struck, with occupancy dipping to 14.5% in April 2020. While these levels picked up gradually, the highest level was still 56.8% in February 2021. Following the second wave, it came down to 37.2% in April 2021.
Hotels in Mumbai were not alone in this calamitious condition – other city-based hotels, too, saw their occupancy and revenues fall drastically in the past 19 months.
Fortunately, the tide seems to be turning. Corporate India is back to travelling for work with 100% recovery across pharma, healthcare, real estate and biotech sectors on MakeMyTrip. The online booking platform noted a significant recovery in several sectors including manufacturing, defense and space, logistics as well as utilities with professionals returning to travel for business.
City-based hoteliers are seeing an uptick in corporate and group demand as more corporate professionals and entrepreneurs hit the road. On the even of the launch of ibis Mumbai Vikhroli, Anant Leekha, Cluster General Manager for this property and ibis Navi Mumbai is confident about a significant step-up in business travel as more workers return to the office.
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Coming Home to Odisha
With niche tourism becoming the keyword for travel enthusiasts, the Odisha government plans to promote unique localised experiences through creation of homestays at select areas
Meet, Greet, Learn
While participants at the 12th Hotelier India Awards learnt more about Kimirica Hunter International’s latest products, the brand’s key people also learnt about ongoing hospitality trends from attendees
EaseMyTrip continues to leverage and utilise its vast agent network to grow its holiday booking segment
It All Boils Down To Effective Housekeeping
Following the pandemic, hotels are relooking at their traditional Operating Supplies and Equipment (OS&E) portfolio to ensure better safety and hygiene
EXPO 2020 DUBAI: PULLING OUT ALL STOPS
The global event aims to become a strategic platform for India’s HoReCa sector to meet suppliers, build on key relationships and influencers in the hospitality industry
CUTTING THROUGH THE CLUTTER
As travellers increasingly shun cookiecutter hotels in lieu of boutique properties, hoteliers need to concentrate on experiential hospitality that create memories for a lifetime
INDIAN TRAVEL PLANS AT NINE-MONTH HIGH
47% of Indian adults plan to travel over the next three months, up from 36% in October 2021
EYE ON THE BALL
Given the significant impact their department has on a hotel’s financial goals, here’s how some engineers helped their team to effectively manage controllable expenses
FIGHTING CARBON EMISSIONS WITH INTELLIGENT HVAC SYSTEMS
With the shift towards intelligent solutions and considering the extent of HVAC related carbon emission, hotels are focused on smarter systems to enable energy efficiency
OPTIMISING REVENUE THE SMART WAY
As hoteliers prepare for much-needed business recovery, it is time to get creative while driving revenue for their room inventory
The Cosmic Chaos of India
Just like the cosmos, when you see India for the first time everything seems chaotic and yet every Indian person finds his/ her own order in that hustle which all goes in tandem. Pavan Rajurkar a freelance illustrator based out of Mumbai, capture this Indianness perfectly in his artworks for many different brands and studios. Some of his recent illustrations have been displayed here.
Doctor of Happiness: An Art Essay
SUKRITI VADHERA KOHLI is the founder of Doctor of Happiness, helping young people with depression and other mental conditions through her art and online platform. Here she speaks with VANESSA PATEL about what inspired her to open up this forum, and what a difference art can make to our well-being.
Meet with clients amid the city’s kaleidoscopic sights and sounds.
Discover The Remnants Of Empires And The Seeds Of Independence In Mumbai
Discover the remnants of empires and the seeds of independence in India’s most populous city.
Building A Sporting Nation
Marathons are changing the shape of the nation. We ask the brains behind the Delhi and Mumbai Half Marathons, how exactly.
An Expat Learns the Key to Authentic Indian Cooking
Cooking lessons at home in Mumbai.
The 12 Best Rooftop Bars Around The World
The world looks different when viewed from these stunning rooftop destinations.
City may see double-digit deaths for 2 more weeks: Govt expert
Mumbai: Even as Maharashtra recorded 103 deaths on Friday, officials said the state seems to be witnessing a peak of sorts in Covid mortality.
At 99, ex-staffer revisits defence mfg hub on R-Day
The first time Joseph Rodrigues stepped into the Ordnance Factory at Ambarnath to start a job, India was under British rule. So Rodrigues’s arrival at his former workplace 75 years later, on Wednesday, had special significance.
2.2L in state seek payout for 1.4L Maha Covid deaths
A vaccine drive on the occasion of National Girl Child Day at Shri Dayanand Girls School, Matunga