“Business hotels will recover faster”
Ajay K. Bakaya, MD, Sarovar Hotels and Resor ts, shares how city hotels are performing better than the resor t ones.
Due to COVID-19, our resort hotels have taken the worst hit. City hotels are performing better. We have two unique cases where our hotels are performing exceptionally well. One is Baddi in Himachal Pradesh, which is a pharma and medicine manufacturing hub. The local administration has supported business and kept factory production going and encouraged hotels to provide full facilities while taking all precautions. The second is Kakinada in Andhra Pradesh where shipping related business has brought in good revenue. Both hotels are operating at 90 per cent occupancies. The impact on all categories is the same. Corona is classification and category neutral.