Make The Most Of Your Debt
Four crucial factors that can make or mar your hotel business.
The travel and tourism industry accounts for 9.4 per cent ($234 billion) of India's GDP, and creates significant employment opportunities. Currently, there is a total inventory of 1.3 lakh rooms in the organised space and around 3 lakh rooms across mom and pop hotels or the unorganised segment. The aggregate inventory of rooms stands at around 4.3 lakh while the US has a supply of 50 lakh rooms and China 27 lakh rooms. So, it is imperative for India
