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Majority of hotel operators expect up to 2 years for revenue recovery: JLL


The COVID-19 pandemic has brought the world to a standstill, with the hospitality, travel and tourism sector being the most affected due to travel restrictions across the world and within India, it noted.

Majority of hotel operators expect that it will take 13 to 24 months for their hotels to return to revenue per available room (RevPAR) levels of last year, according to a survey conducted by global property consultant JLL. The survey was conducted on 15 leading hotel operators in India.

The COVID-19 pandemic has brought the world to a standstill, with the hospitality, travel and tourism sector being ...


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