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Indian hotel industry to witness decadal-high occupancy of 70-72% in FY2024: ICRA

Indian hotel industry to witness decadal-high occupancy of 70-72% in FY2024: ICRA

Jul 20, 2023, at 05:27 am

Mumbai: The pan-India premium hotel occupancy is expected to be at around 70-72% in FY2024, after recovering to 68-70% in FY2023, according to credit rating agency ICRA.