ET Intelligence Group: The domestic hotel sector is likely to witness growth driven by average room rate (ARR) in the coming quarters. After a quiet first half of the current fiscal marked by prolonged monsoon and geopolitical jitters, the second half is likely to see a recovery given the recovery in weddings and travel. Revenue […]
Heaven darkens the honor. But what was once a vibrant monsoon tourism season feels like a fading memory for Nithesh, the manager of Travelicy, a restaurant near Edakal Caves in Wayanad. The place now only gets a handful of local customers. “Before the landslide of Mundakkai-Chooralmala, our annual income was around £ 14 lakh. Now […]