Hote­liers Make Room for More at the Top End

The Economic Times - - Business Of Brands -

Amid in­creas­ingly ro­bust busi­ness sen­ti­ment and a pickup in over­all de­mand, ho­tel own­ers an­tic­i­pate a rise in rev­enue as well as devel­op­ment and op­er­at­ing costs over the next two years. Hote­liers are keen on in­vest­ing in the sec­tor, fo­cus­ing on the up­scale and mid­mar­ket seg­ments, ac­cord­ing to a sur­vey by con­sul­tant HVS. With credit get­ting squeezed, pri­vate equity has sur­passed debt as the source of funds for ho­tels, although some de­vel­op­ers are look­ing to tap over­seas mar­kets via ex­ter­nal com­mer­cial bor­row­ings (ECBs). Some key in­sights from the sur­vey:

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