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Hotel rates in India are expected to rise by 7-10% in 2024, despite uncertainties surrounding occasions like the final election. Industry executives predict that the majority new supply might be absorbed, and and key business markets such as Delhi and Mumbai and leisure markets such as Kashmir could see upto 15% enhance in hotel room rates this 12 months. The company mentioned this strategic growth is a ‘pivotal milestone’ in Udman Hotels’ Pan-India growth initiative and that the company has a imaginative and prescient to set new standards Hotels News within the sector by way of its 4 star properties.… READ MORE
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