Author
The author is Assistant Vice President and Sector Head of Corporate Ratings at ICRA Limited.
The Indian hotel industry is expected to report a 7-9 per cent revenue growth in FY2025, over the 19 per cent growth in FY2024
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The improved operating leverage along with sustenance of cost-optimisation measures will support margins and accruals for hotels
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The industry has reported ~50 per cent growth in revenues on a QoQ basis in Q3 FY2022
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Srikumar Krishnamurthy, Vice President and Co-Group Head, Corporate Ratings, ICRA Limited and Vinutaa S, Assistant Vice President and Sector Head, Corporate Ratings, ICRA Limited analyse the year 2021 for the Indian hospitality sector
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