Browsing: Indian hospitality

Analysis Mandeep Lamba JLL, India real estate news, Indian realty news, India property market, Track2Media Research, Track2Realty, Indian hospitality

Pune budget hotels market – rising to the challenge

Over the past decade, the Pune hotel sector has emerged a formidable competitor to other the hospitality markets in the country, growing from a negligible base of branded hotel rooms in 2005 into becoming one of India’s top five hotel markets in 2014. Over the course, it has weathered multiple storms ranging from significant supply increases to multiple bouts of economic uncertainty, both globally and regionally.

Analysis Mandeep Lamba JLL, India real estate news, Indian realty news, India property market, Track2Media Research, Track2Realty, Indian hospitality

Budget 2014–A damp squib for the hospitality sector

Track2Realty: For the first time in recent history, the government in power had announced tourism as one of its four pillars for growth. Consequently, the hospitality was looking forward to significant new provisions in Budget 2014.